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MHM Marsh & Mclennan Cos. Inc

81.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marsh & Mclennan Cos. Inc LSE:MHM London Ordinary Share COM US$1
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 81.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ins Agents,brokers & Service 22.74B 3.76B 7.6395 27.34 102.7B

MARSH MCLENNAN: Notice of Intention to Delist From the London Stock Exchange

30/10/2023 7:00am

UK Regulatory


Marsh & Mclennan Cos (LSE:MHM)
Historical Stock Chart


From Jun 2023 to Jun 2024

Click Here for more Marsh & Mclennan Cos Charts.
TIDMMHM 
 
 

Marsh & McLennan Companies, Inc. (the "Company") hereby gives notice of its intention to request the UK Financial Conduct Authority (the "FCA") to cancel the standard listing of the Company's ordinary shares (ISIN US5717481023) (the "Shares") on the Official List of the FCA and to request the London Stock Exchange plc (the "LSE") to cancel the admission to trading of the Shares on the Main Market for listed securities of the LSE (together, the "Cancellation of the London Listing").

 

Given that the majority of trading in the Company's securities occurs on the New York Stock Exchange, being its primary listing, the Company is of the view that the costs and administrative burden of maintaining such admissions to listing of the Shares on the Official List and to trading on the Main Market of the LSE are disproportionate to the benefits of such admission. The Company is therefore proposing the Cancellation of the London Listing.

 

Pursuant to Listing Rule 5.2.8R, the Company is required to give at least 20 business days' notice of the intended Cancellation of the London Listing. Therefore, it is intended that the Cancellation of the London Listing will become effective from 8:00 a.m. (GMT) on 27(th) November 2023, such that the last day of trading of the Shares on the LSE would be 24(th) November 2023.

 

Following the Cancellation of the London Listing, the Company will continue to maintain its primary listing on the New York Stock Exchange.

 

The Cancellation of the London Listing is expected to have limited impact for shareholders who hold their Shares on the New York Stock Exchange. However, should you have any questions in relation to the Cancellation of the London Listing, the Company recommends that you consult your broker.

For further information please contact:

Marsh & McLennan Companies, Inc.

Investor Relations

(212) 345-1227

 

mmc.investor.relations@mmc.com

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231027259639/en/

 
    CONTACT: 

Marsh McLennan

 
    SOURCE: Marsh McLennan 
Copyright Business Wire 2023 
 

(END) Dow Jones Newswires

October 30, 2023 03:00 ET (07:00 GMT)

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