British Telecommunications PLC Application to cease as reporting issuer in Canada (6535Y)
17 Janvier 2022 - 11:30AM
UK Regulatory
TIDM72NS
RNS Number : 6535Y
British Telecommunications PLC
17 January 2022
17 January 2022
BRITISH TELECOMMUNICATIONS PLC
BT plc files an application to cease to be a reporting issuer in
Canada
British Telecommunications plc ("BT plc") has applied to the
British Columbia Securities Commission ("BCSC") as its principal
regulator in Canada and the Ontario Securities Commission for an
order (the "order") to cease being a reporting issuer in British
Columbia, Ontario and Nova Scotia. BT plc is not a reporting issuer
in any other Canadian jurisdiction.
If the order is granted, BT plc will cease to be a reporting
issuer in Canada and, as a result, will no longer be required to
file financial statements and other continuous disclosure documents
in Canada pursuant to applicable Canadian securities laws.
BT plc will continue to file all financial statements and other
continuous disclosure materials required to be filed by it in
accordance with applicable laws and regulations of the United
Kingdom, including the rules of the Financial Conduct Authority and
the London Stock Exchange. All such continuous disclosure documents
of BT plc are publicly available on the investor relations page of
BT plc's website www.bt.com/about and at the National Storage
Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
BT plc securityholders resident in Canada will continue to receive
copies of continuous disclosure documents that are required to be
delivered to securityholders in the United Kingdom, in the same
manner and at the same time as is required under the applicable
laws and regulations in the United Kingdom, including pursuant to
the rules of the Financial Conduct Authority.
A simultaneous application has been made by BT Group plc ("BT")
to the BCSC (as its principal regulator in Canada) to cease to be a
reporting issuer in British Columbia, Quebec and Nova Scotia. BT is
not a reporting issuer in any other Canadian jurisdiction.
- Ends -
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