Partner Communications announced that it intends to voluntarily delist its American Depositary Shares from the NASDAQ Global Select Market and concentrate its share trading on one single exchange, the Tel Aviv Stock Exchange. Following the effectiveness of the delisting from NASDAQ, the Company intends to deregister and terminate its reporting obligations with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. The company will maintain the current listing of its shares on TASE, which will become Partner’s only official stock exchange listing.
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