After SAS' restructuring plan was approved by the Stockholm District Court on July 19, 2024, the company has confirmed that August 13, 2024, will be the final day of trading in its existing common shares and listed commercial hybrid bonds.
The company will delist from the exchanges Nasdaq Stockholm, Nasdaq Copenhagen and Oslo Bors. This also means conversion of shares between the securities systems in Denmark, Norway, and Sweden will no longer be possible. The company also confirmed that the distribution of its listed commercial hybrid bonds under the plan is August 15, 2024.
SAS expects to emerge from its restructuring proceedings around the end of August 2024.
