Signet Shareholders Approve Moves to NYSE and Bermuda
By JCK Online Staff -- JCK Online, 8/20/2008 1:01:00 PM
Signet Group plc shareholders Tuesday approved a move of its primary listing to the New York Stock Exchange and a move of the company’s headquarters to Bermuda.
The company’s shares are currently listed on the London Stock Exchange and its headquarters is in London. The world’s largest specialty retailer jewelry in a statement said the move to the NYSE should take place by Sept. 11.
The two proposals were approved by shareholders representing 94.4 percent of the company’s value.
“The Board welcomes the very high level of support from shareholders in passing the proposal to facilitate the move of the Group’s primary listing to New York,” said Sir Malcolm Williamson, chairman of Signet Group plc.
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