Danisco to be Delisted this Friday (June 17)
The reason for deletion is that DuPont Denmark Holding ApS has resolved to initiate a compulsory redemption of the remaining shares in Danisco A/S pursuant to sections 70-72 of the Danish Companies Act.
6/13/2011 ---Danisco A/S will be deleted from the NASDAQ OMX Copenhagen as per 17 June 2011.
Thus, last day of trading in shares issued by Danisco will be 16 June 2011.
The reason for deletion is that DuPont Denmark Holding ApS has resolved to initiate a compulsory redemption of the remaining shares in Danisco A/S pursuant to sections 70-72 of the Danish Companies Act.
The shareholders of Danisco A/S have herefore been invited for a 4-week period ending on 16 June 2011, to transfer their shares in Danisco A/S to DuPont Denmark Holding ApS.
Last Wednesday Danisco announced that its top management would resign later this month following U.S. chemicals group DuPont's takeover of the group for $6.4 billion in May.
The Danish food ingredients and enzymes maker said Chief Executive Tom Knutzen and Chief Financial Officer Soren Bjerre-Nielsen would resign from Danisco with effect from June 17.