The SIX Swiss Exchange has approved the application for delisting of Hexagon's registered series B shares from the SIX Swiss Exchange. The last trading day will be 9 February 2012 and the delisting will be effective as per 10 February 2012.
The delisting from the SIX Swiss Exchange does not affect the listing of the registered series B shares on NASDAQ OMX Stockholm. The registered series B shares will continue to be traded on the NASDAQ OMX Stockholm.
The primary reasons for the delisting are that the trading of the Hexagon share on the SIX Swiss Exchange has been almost non-existent in recent years and the additional costs and extra work involved being listed on two exchanges. While the listing on the SIX Swiss Exchange had a purpose in connection with and following the acquisition of Leica Geosystems in 2005, today it is of no relevance for the trading in the Hexagon share.
Hexagon is a leading global provider of design, measurement and visualisation technologies. Our customers can design, measure and position objects, and process and present data, to stay one step ahead of a changing world. Hexagon's solutions increase productivity, enhance quality and allow for faster, better operational decisions, saving time, money and resources. Hexagon has over 12 500 employees in more than 40 countries and net sales of about 2 200 MEUR. Our products are used in a broad range of industries including surveying, power and energy, aerospace and defence, safety and security, construction and manufacturing. Learn more at www.hexagon.com.