2nd Jan 2025 10:47
(Alliance News) - Pershing Square Holdings Ltd on Thursday said it has received approval from Euronext Amsterdam to delist its shares, with trading set to cease on January 30.
Pershing Square Holdings is a Guernsey-domiciled closed-ended investment fund managed by New York-based hedge fund manager Pershing Square Capital Management LP, founded and led by Bill Ackman.
The investment firm announced its intention to delist in December, with Chair Rupert Morley citing the company's desire to "reduce regulatory complexity and improve liquidity of PSH's shares". Following the delisting on January 31, shares will continue to trade on the London Stock Exchange in both sterling and US dollars under the ticker symbols PSH and PSHD.
Pershing Square Holdings shares were up 1.2% at 3,936.00 pence in London on Thursday morning, giving it a market capitalisation of USD10.17 billion.
By Eva Castanedo, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights reserved.