Home / Business and Economy / NYSE Drops Ardagh Warrants Over Plunging Price
NYSE Drops Ardagh Warrants Over Plunging Price
1 Dec
Summary
- NYSE initiates delisting of Ardagh Metal Packaging warrants due to low selling price.
- Trading halt occurred on November 25, 2025, with no contest from Ardagh.
- Ardagh's ordinary shares remain unaffected and continue trading on NYSE.
The New York Stock Exchange (NYSE) has initiated the delisting process for Ardagh Metal Packaging's warrants, identified by the ticker symbol AMBP.WS. This action stems from "abnormally low selling price" levels, a criterion outlined in the NYSE's Listed Company Manual.
Trading in these specific securities was halted on November 25, 2025. Ardagh Metal Packaging has indicated it will not challenge the NYSE's decision, allowing the exchange to proceed with the application to the Securities and Exchange Commission for final delisting. Importantly, the delisting action is confined solely to the warrants.
The company's ordinary shares are unaffected and will continue to be traded on the NYSE under the AMBP ticker. Each warrant, though subject to delisting, retains its validity and the right for holders to purchase one ordinary share at $11.50 until August 4, 2026.
