SCOR Holding (Switzerland) Ltd. announces plans to delist American Depositary Shares and to deregister in the US
December 14 2007 - 1:00AM
Marketwired
ZURICH, SWITZERLAND Ltd. intends to apply for the voluntary
delisting of its American Depositary Shares (ADSs) from the New
York Stock Exchange and to voluntarily terminate the registration
of its securities under the U.S. Securities Exchange Act of 1934.
SCOR Holding (Switzerland) Ltd. expects to file relevant
applications on December 26, 2007.
SCOR Holding (Switzerland) Ltd. is delisting in order to reduce
its regulatory compliance costs following the acquisition by SCOR
of more than 98% of the outstanding shares and ADSs of SCOR Holding
(Switzerland) Ltd.
SCOR Holding (Switzerland) Ltd. will continue to publish English
language financial reports, financial statements, press releases
and shareholder information, which will be available on its website
(www.scor-holding-switzerland.ch) in accordance with Rule 12g3-2(b)
under the United States Securities Exchange Act of 1934.
Enquiries
Communications Marco Circelli
Phone: +41 44 639 90 22 Head of Investor Relations
Fax: +41 44 639 70 22 mcircelli@scor.com
Phone: +41 44 639 91 31
Fax: +41 44 639 71 31
Inken Ehrich
Investor Relations Specialist
iehrich@scor.com
Phone: +41 44 639 90 94
Fax: +41 44 639 70 94
SCOR Holding (Switzerland) Ltd.
SCOR Holding (Switzerland) Ltd. is a subsidiary of SCOR SE and
is based in Zurich, Switzerland. The Company has an "A-" ("strong")
financial strength rating (outlook stable) from Standard &
Poor's and a "A-" ("excellent") financial strength rating (outlook
stable) from A.M. Best Company.
Copyright � Hugin ASA 2007. All rights reserved.
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