Cushman & Wakefield plc completed the change of its place of incorporation from England and Wales to Bermuda.
The redomiciliation process involved legal and regulatory procedures, sanctioned by the High Court of Justice of England and Wales.
All issued and outstanding shares of Cushman & Wakefield plc were cancelled and new shares of common stock of Cushman & Wakefield Ltd. were issued on a one-for-one basis.
Redomiciliation to Bermuda
Cushman & Wakefield completed the change of incorporation jurisdiction to Bermuda.
New Trading Symbol
The new shares of common stock will trade on the NYSE with the symbol 'CWK'.
Minimal Operational Impact
The redomiciliation is not expected to significantly affect the day-to-day operations of Cushman & Wakefield.
- The completion of the redomiciliation marks a significant legal and regulatory milestone for Cushman & Wakefield.
- Investors can now trade the newly issued shares of common stock on the NYSE.
- The jurisdictional change may have long-term implications for the company's legal framework.
The redomiciliation to Bermuda reflects Cushman & Wakefield's strategic decision to enhance its corporate structure and jurisdiction.