2023-11-16 11:36:03
Zurich (awp) – The shareholders of One Swiss Bank “largely” approved Thursday at an extraordinary general meeting the delisting of the Geneva establishment.
They voted 98.96% in favor of this proposal, according to a press release. Trading in One Swiss Bank shares, suspended this morning, should resume at 12:15 p.m. according to the operator of the Swiss Stock Exchange.
The board of directors of One Swiss Bank will soon submit a request for delisting of the 15.58 million shares to SIX Swiss Exchange. The operation is expected at the earliest at the end of the first quarter of 2024. The company is studying the possibility of trading the security on an over-the-counter (OTC) platform.
The security holders of the Geneva institute merged in 2021 with Banque Profil de Gestion also validated, at 99.46%, the distribution of an extraordinary dividend of 0.23 francs per share from the company’s reserves. It will be paid to shareholders by the end of the current month.
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