Swiss Steel Holding to delist from Six Swiss Exchange in June

Swiss Steel Holding AG, a leading global manufacturer of special long steel, has announced that its voluntary delisting from the SIX Swiss Exchange has been approved by the relevant regulatory bodies. The last trading day for Swiss Steel Holding AG shares on the SIX Swiss Exchange will be June 5, 2025. Following the delisting, shares will be available for trading via the over-the-counter (OTC) platform LPZ-X, operated by the private bank Lienhardt & Partner.

Shareholder Approval and Delisting Process

As stated in the company’s ad hoc release on January 24, 2025, the Board of Directors convened an extraordinary general meeting, where shareholders approved the delisting with a majority of 98.83% on February 17, 2025. With this approval, the company initiated the delisting process.

On March 4, 2025, SIX Exchange Regulation formally approved the application, setting the final trading date for June 5, 2025. From June 6, 2025, Swiss Steel Holding AG shares will no longer be traded on the SIX Swiss Exchange.

Post-Delisting Trading and Regulatory Exemptions

After the delisting, remaining shareholders will have the opportunity to trade Swiss Steel Holding AG shares via the LPZ-X platform of Lienhardt & Partner, ensuring continued market access.

Additionally, SIX Exchange Regulation has granted Swiss Steel Holding AG an exemption from the requirement to publish its 2024 annual results within the usual regulatory deadlines. The exemption applies until the delisting takes effect on June 6, 2025, covering the obligation to publish the 2024 Annual Report in accordance with SIX Listing Rules.

Despite this exemption, Swiss Steel Holding AG will continue to publish its annual and non-financial reports in compliance with applicable regulations. The company will announce the exact publication date on its website in due course.

Source: Swiss Steel Group Photo: Fotolia