All the information about where Telecom Italia shares are listed (FTSE MIB Index and other) as well as the sector in which Telecom Italia operates.
The Telecom Italia shares are currrently quoted on the Milan Stock Exchange and have been quoted on the New York Stock Exchange (by means of ADR) till July 5 2019.
On june 14th the company announced its intention to voluntary delist its ordinary share American Depositary Shares and savings share American Depositary Shares (Collactively, ADSs) from the New York Stock Exchange (NYSE).
Consequently, on 25 June 2019, TIM submitted the required documentation (Form 25) to the U.S. Securities and Exchange Commission (SEC) with the delisting to take effect 10 days thereafter.
On 9July 2019 TIM submitted Form 15F requesting the SEC to deregister all classes of its financial instruments listed to date, including the US-registered bonds issued by the wholly owned subsidiary Telecom Italia Capital S.A. which are guaranteed by TIM.
Upon deregistration (which will enter into effect after a 90 day period), TIM has requested that it no longer be subject to the disclosure requirements of the U.S. Securities Exchange Act of 1934. This operation have no impact on the listing and trading of TIM ordinary and savings shares on the Italian Stock Exchange (Borsa Italiana).
The decision to delist the shares from the NYSE is in line with TIM’s objectives of simplification and cost saving, without detriment to its high standards of corporate governance, robust internal control system and transparent financial reporting (including publication on this website of English translations of financial reports, press releases and other regulated disclosures).
The code numbers for the Telecom Italia shares may be found in the table below: