0000876661-23-001010.txt : 20231220
0000876661-23-001010.hdr.sgml : 20231220
20231220101620
ACCESSION NUMBER: 0000876661-23-001010
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20231220
DATE AS OF CHANGE: 20231220
EFFECTIVENESS DATE: 20231220
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Farfetch Ltd
CENTRAL INDEX KEY: 0001740915
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38655
FILM NUMBER: 231499775
BUSINESS ADDRESS:
STREET 1: 211 OLD STREET, THE BOWER, 4TH FLOOR
CITY: LONDON
STATE: X0
ZIP: EC1V 9NR
BUSINESS PHONE: 442075495400
MAIL ADDRESS:
STREET 1: 211 OLD STREET, THE BOWER, 4TH FLOOR
CITY: LONDON
STATE: X0
ZIP: EC1V 9NR
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
0001740915
Farfetch Ltd
001-38655
211 Old Street
London
EC1V 9NR
+44 20 7549 5900
Class A ordinary shares
17 CFR 240.12d2-2(b)
Emily Fuhrman
Analyst, Regulation
2023-12-20
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
The New York Stock Exchange ("NYSE" or the "Exchange") hereby notifies the Securities and Exchange Commission (the "Commission") of its intention to remove the entire class of Class A ordinary Shares (the "Ordinary Shares") of Farfetch Limited (the "Company") from listing and registration on the Exchange on January 02, 2024, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the Ordinary Shares are no longer suitable for continued listing and trading on the NYSE.
The Exchange has determined that the Company's Ordinary Shares are not suitable for listing pursuant to Section 802.01D of the NYSE Listed Company Manual. This decision was reached in view of the Company's Form 6-K disclosure on December 18, 2023 that a wholly owned subsidiary of the Company entered into agreements to obtain bridge financing and to facilitate a process to dispose of all of the Company's assets. In connection with the entry into these agreements, all of the Company's independent members of the board have resigned. The Company further disclosed that upon consummation of the sale of the Company's assets, it expects that there will be no value remaining for the holders of its Class A and B Ordinary Shares and its convertible notes.
On December 19, 2023, the Exchange determined that the Ordinary Shares of the Company should be suspended from trading and directed the preparation and filing with the Commission of this application for the removal of the Ordinary Shares from listing and registration on the NYSE. The Company was notified on December 19, 2023.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on December 19, 2023, and trading in the Ordinary Shares was immediately suspended.
The Company had a right to appeal to a Committee of the Board of Directors of the Exchange, the determination to delist the Ordinary Shares, provided it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. On December 20, 2023, the Company notified the Exchange that it will not exercise that right. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.