MUMBAI, India, Sept. 7, 2012 (GLOBE NEWSWIRE) -- iGATE Computer Systems Limited (f/k/a Patni Computer Systems Limited) (the "Company"), a wholly owned subsidiary of iGATE Corporation (Nasdaq:IGTE), the first integrated technology and operation company providing Business Outcomes based solutions, today publicly announced its intention to apply for the voluntarily delisting of its American Depositary Shares ("ADSs") from the New York Stock Exchange (the "NYSE") on September 28, 2012. On August 31, 2012, a notice announcing the delisting of the ADSs from the NYSE was distributed to holders of ADSs as required by a deposit agreement dated December 7, 2005 by and between the Company and The Bank of New York Mellon, as Depositary. On September 18, 2012, the Company intends to file a Form 25 with the U.S. Securities and Exchange Commission (the "Commission") and it is expected that the last day of trading on the NYSE will be Friday, September 28, 2012. Then, the ADSs will transition to "level one status" and will be tradable on the U.S. over-the-counter market beginning on Monday, October 1, 2012.
IGATE Computer Systems Limited Announces Intention To Delist From The NYSE
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