21st Century Fox CDIs Suspended on the Australian Securities Exchange in
Connection with the Company’s Delisting
NEW YORK -- May 1, 2014
21st Century Fox (NASDAQ:FOX, FOXA) today announced that trading of its CHESS
Depositary Interests (CDIs) on the Australian Securities Exchange (ASX) has
been suspended in connection with the Company’s previously announced process
of delisting from the ASX. It is expected that the Company will be removed
from the official list of the ASX at the close of trading on May 8, 2014
Sydney, Australia time (the “Delisting Date”). Dates below are noted as of
Sydney, Australia time.
Starting May 9, 2014, each registered CDI holder as of the Delisting Date can
elect to have the underlying shares of Common Stock sold on NASDAQ through a
Company-appointed broker under a share sale facility (the “Voluntary Share
Sale Facility”), with sale proceeds to be converted into and paid in
Australian dollars. The Voluntary Share Sale Facility will remain open until
July 9, 2014.
On or before May 14, 2014, personalized Voluntary Sale Instruction Forms for
participation in the Voluntary Share Sale Facility and Register Removal
Request Forms for CDI conversions into underlying Common Stock will be mailed
to registered CDI holders as of the Delisting Date. Non-personalized forms may
be accessed atwww.computershare.com/au/forms starting May 9, 2014.
Following the Delisting Date, all of 21st Century Fox's Class A and Class B
Common Stock will be listed solely on NASDAQ. As previously announced, there
will be no changes to the Company's operations, employees or business as a
result of the delisting from ASX.
Further information regarding the Company’s process of delisting from ASX is
set out in the Company's definitive proxy statement filed with the U.S.
Securities and Exchange Commission (SEC) on February 5, 2014, which is
available, along with other information on the delisting, at
www.21cf.com/InvestorRelations/ASXdelisting. The proxy statement is also
available at the SEC’s web site at www.sec.gov and at
http://investor.21cf.com/sec.cfm. The proxy statement contains information
(which CDI holders are encouraged to refer to) regarding the reasons for the
delisting, the consequences for the Company and its security holders, and the
arrangements in place for CDI holders to manage their holdings.
About 21st Century Fox
21st Century Fox is the world's premier portfolio of cable, broadcast, film,
pay TV and satellite assets spanning six continents across the globe. Reaching
nearly 1.5 billion subscribers in more than 100 local languages every day,
21st Century Fox is home to a global portfolio of cable and broadcasting
networks and properties, including FOX, FX, FXX, FXM, FS1, Fox News Channel,
Fox Business Network, Fox Sports, Fox Sports Network, National Geographic
Channels, MundoFox, STAR, 28 local television stations in the U.S. and more
than 300 channels that comprise Fox International Channels; film studio
Twentieth Century Fox Film; and television production studios Twentieth
Century Fox Television and Shine Group. The Company also provides premium
content to millions of subscribers through its pay-television services in
Europe and Asia, including Sky Deutschland, Sky Italia and its equity
interests in BSkyB and Tata Sky. For more information about 21st Century Fox,
please visit www.21CF.com.
Cautionary Statement Concerning Forward-Looking Statements
This document contains certain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. These statements are
based on assumptions and involve known and unknown risks, uncertainties, and
other factors, which may cause the actual results or performance or
achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements or information. Where, in any forward−looking
statements, we express an expectation or belief as to future results or
events, such expectation or belief is based on the current plans and
expectations of our management and expressed in good faith and believed to
have a reasonable basis, but there can be no assurance that the expectation or
belief will result or be achieved or accomplished. The "forward-looking
statements" included in this document are made only as of the date of this
document and we do not have any obligation to publicly update any
"forward-looking statements" to reflect subsequent events or circumstances,
except as required by law or regulation.
21st Century Fox
Nathaniel Brown, 212-852-7746
Reed Nolte, 212-852-7092
Joe Dorrego, 212-852-7856
Press spacebar to pause and continue. Press esc to stop.