Secondary ListingCancellation
04 April 2007 - 8:08PM
UK Regulatory
RNS Number:4674U
Brunswick Corp
04 April 2007
BRUNSWICK CORPORATION ("BRUNSWICK")
Notice regarding the application for cancellation of secondary listing on the
Official List and cancellation of admission to trading on the EEA Regulated
Market of the London Stock Exchange
1. Delisting from London Stock Exchange
Brunswick has applied to have its shares of common stock (the "Shares") delisted
from the Official List of the UK Listing Authority (the "Official List") and to
have the admission to trading of its Shares on the EEA Regulated Market of the
London Stock Exchange plc cancelled.
2. Reasons for Delisting
Brunswick has decided to request a delisting of its Shares from the Official
List and the cancellation of the admission to trading of its Shares on the EEA
Regulated Market of the London Stock Exchange plc because (i) the liquidity of
Brunswick's Shares on the London Stock Exchange plc is limited, and (ii) the
continued payment of the increasing compliance costs associated with this
listing and trading membership are not in the best interests of Brunswick's
shareholders. Brunswick believes that delisting its Shares from the Official
List and cancelling the admission of its Shares to trading on the EEA Regulated
Market of the London Stock Exchange plc will not adversely affect its
shareholders and investors, because the Shares will continue to be listed on the
New York Stock Exchange and The Chicago Stock Exchange, Inc.
3. Schedule
Accordingly, Brunswick has applied to the UK Listing Authority and the London
Stock Exchange plc, for the cancellations, respectively, of:
(i) the secondary listing of Shares on the Official List maintained by the UK
Listing Authority; and
(ii) the trading of Shares on the London Stock Exchange's EEA Regulated Market.
It is anticipated that cancellation of listing and admission to trading will
take effect from 10 May 2007, being over 20 business days following the date of
this announcement.
4. Stock Exchanges on which the Brunswick's common stock will continue to be
listed
In the United States, Brunswick's shares of common stock will continue to be
listed on the following exchanges:
(i) New York Stock Exchange; and
(ii) The Chicago Stock Exchange, Inc.
Further information is available from:
Marschall I. Smith, Esq.
Vice President, General Counsel and Secretary
Brunswick Corporation
1 N. Field Court
Lake Forest, IL 60045
United States of America
Telephone: (847) 735-4700
Facsimile: (847) 735-4433
Dated: 4 April 2007
The end of documents
This information is provided by RNS
The company news service from the London Stock Exchange
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