Imperial Files for NYSE Delisting

Source from:  tr.itsmyiq.com Sep 4, 2008 09/05/2008

The Imperial Tobacco Group has filed notice of its intention to delist from the New York Stock Exchange (NYSE). In an announcement posted yesterday on its website, the company said that on September 2 it had filed Form 25 with the Securities and Exchange Commission (SEC) and provided a copy to the NYSE to effect its voluntary delisting from the NYSE. The delisting will be effective on September 12 (10 days after the filing), on which day the company intends to file Forms 15 and 15F with the SEC to deregister and terminate its reporting obligations under the Securities Exchange Act of 1934. These filings are intended to deregister and terminate Imperial's reporting obligations under the Exchange Act for its ADR [American Depositary Receipt] program and its $600 million Guaranteed Notes due on April 1, 2009. Upon filing Forms 15 and 15F, Imperial's reporting obligations will be suspended and the deregistration will be effective 90 days after the filing, though Imperial said that it reserved the right to delay or withdraw the filing of Forms 25, 15 and 15F for any reason prior to their effectiveness. Imperial says it intends to maintain its ADR facility as a Level I program to enable investors to retain their ADRs, which will be traded on the over-the-counter market in the USA. Imperial's ordinary shares will continue to be traded on the London Stock Exchange. Enditem