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Suntech: Update with Respect to NYSE Appeal
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GEORGE TOWN, Cayman Islands - Suntech Power Holdings Co., Ltd. (OTC: STPFQ) announced that the NYSE's Committee for Review has upheld a decision previously made by NYSE Regulation, Inc. to commence delisting proceedings of the Company's American Depositary Shares. The Company expects a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) will be filed shortly with the U.S. Securities and Exchange Commission to delist the Company's American Depositary Shares.
As previously announced, trading of the Company's American Depositary Shares has been suspended by the NYSE since November 11, 2013. Quotations of the Company's American Depositary Shares have been, and the Company expects will continue to be, available on the OTC market under the symbol "STPFQ".
About Suntech
Suntech Power Holdings Co., Ltd. (OTC: STPFQ), through its international subsidiaries, has delivered more than 25,000,000 photovoltaic panels to over a thousand customers in more than 80 countries. Suntech's pioneering R&D creates customer-centric innovations that are designed to drive solar to grid parity against fossil fuels. Suntech's mission is to provide everyone with reliable access to nature's cleanest and most abundant energy source.
Contact:
Prue Lawson
Ph: +1-345-914-8662
Email: prue.lawson@ky.pwc.com
Ryan Scott Ulrich
Public Relations and Investor Relations Director
Ph: +86-510-8531-8654
Email: ryan.ulrich@suntech-power.com
SOURCE: Suntech Power Holdings Co., Ltd.
GEORGE TOWN, Cayman Islands - Suntech Power Holdings Co., Ltd. (OTC: STPFQ) announced that the NYSE's Committee for Review has upheld a decision previously made by NYSE Regulation, Inc. to commence delisting proceedings of the Company's American Depositary Shares. The Company expects a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) will be filed shortly with the U.S. Securities and Exchange Commission to delist the Company's American Depositary Shares.
As previously announced, trading of the Company's American Depositary Shares has been suspended by the NYSE since November 11, 2013. Quotations of the Company's American Depositary Shares have been, and the Company expects will continue to be, available on the OTC market under the symbol "STPFQ".
About Suntech
Suntech Power Holdings Co., Ltd. (OTC: STPFQ), through its international subsidiaries, has delivered more than 25,000,000 photovoltaic panels to over a thousand customers in more than 80 countries. Suntech's pioneering R&D creates customer-centric innovations that are designed to drive solar to grid parity against fossil fuels. Suntech's mission is to provide everyone with reliable access to nature's cleanest and most abundant energy source.
Contact:
Prue Lawson
Ph: +1-345-914-8662
Email: prue.lawson@ky.pwc.com
Ryan Scott Ulrich
Public Relations and Investor Relations Director
Ph: +86-510-8531-8654
Email: ryan.ulrich@suntech-power.com
SOURCE: Suntech Power Holdings Co., Ltd.