Argo Group International Holdings, Ltd. (NASDAQ:AGII) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingItem 3.01.
On April23, 2018, Argo Group International Holdings, Ltd. (the “Company”), acting to authorization from its Board of Directors, provided written notice to The Nasdaq Global Select Market (“Nasdaq”) that the Company intends to transfer the listing of its common stock, par value $1.00 per share (the “Common Stock”), from Nasdaq to the New York Stock Exchange (the “NYSE”), where it has been authorized for listing. The notice stated that the Company expects to voluntarily delist the Common Stock from Nasdaq effective as of the close of trading on May4, 2018 and to commence trading on the NYSE the following business day, May7, 2018. At that time, the Common Stock will begin trading under the Company’s new ticker symbol “ARGO”.
Also on April23, 2018, the Company’s subsidiary Argo Group US, Inc. (“Argo US”), acting to authorization from its Board of Directors, provided written notice to The Nasdaq Stock Market LLC (“NSMLLC”) that Argo US intends to transfer the listing of its 6.500% Senior Notes Due 2042 (the “Senior Notes”), from NSMLLC to the NYSE, where they have been authorized for listing. The notice stated that the Company expects to voluntarily delist the Senior Notes from NSMLLC effective as of the close of trading on May4, 2018 and to commence trading on the NYSE the following business day, May7, 2018. At that time, the Senior Notes will begin trading under new ticker symbol “ARGD”. The Company’s guarantee of the Senior Notes continues in effect without regard to the change in listing of the Senior Notes from NSMLLC to the NYSE.
A copy of the press release issued by the Company on April23, 2018 in connection with the transfer of the listing of its Common Stock from Nasdaq to the NYSE, as well as the transfer of the listing of the Senior Notes (guaranteed by the Company) from NSMLLC to the NYSE, is attached hereto as Exhibit 99.1.
| Item 3.01. | FINANCIAL STATEMENTS AND EXHIBITS. |
(d) Exhibits:
Argo Group International Holdings, Ltd. ExhibitEX-99.1 2 d574705dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Argo Group to Transfer Listing to NYSE from NASDAQ HAMILTON,…To view the full exhibit click here
About Argo Group International Holdings, Ltd. (NASDAQ:AGII)
Argo Group International Holdings, Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty market. The Company operates through four segments: Excess and Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. Excess and Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite. The Excess and Surplus Lines segment consists of two operating platforms: Colony Specialty and Argo Pro. Commercial Specialty segment provides property, casualty and surety coverages designed to meet the insurance needs of businesses within certain markets. International Specialty segment underwrites insurance and reinsurance risks. The Syndicate 1200 segment underwrites around the world property, specialty and non-United States liability insurance.
