On the forthcoming delisting of Class A ordinary shares of Farfetch Limited (FTCH)

Information regarding the QI's status on the foreign stock exchange

The International Trading System Limited (hereinafter – ITS) hereby informs on the forthcoming delisting of Class A ordinary shares of Farfetch Limited (FTCH) (hereinafter – Shares, QI) from the New York Stock Exchange LLC (hereinafter - NYSE).

On December 19, 2023, Farfetch Limited (hereinafter – Company) filed Form 6–K to the U.S. Securities and Exchange Commission (hereinafter – SEC), announcing that a wholly owned subsidiary of the Company had entered into agreements to obtain bridge financing and to facilitate a process to dispose of all of the Company’s assets. The Company further disclosed that upon consummation of the sale of the Company’s assets it expected that its business would be liquidated and that there would be no remaining value for the holders of its Shares.

On December 19, 2023, NYSE issued a press release announcing that, as a result of the events disclosed in the Report of Farfetch Limited, the NYSE would commence proceedings to delist the Company’s Class A ordinary shares from the NYSE. Accordingly, on December 20, 2023 NYSE filed a Form 25-NSE with the SEC, which upon effectiveness, will remove the Company’s securities from listing and registration on the NYSE. Form 25-NSE takes effect 10 days from the date of its filing with the SEC. On December 19, 2023, trading in Shares on the NYSE exchange was permanently suspended.

Information regarding the actions taken by ITS Ltd.

On December 21, 2023 ITS discovered that the QI of FTCH did not comply with the requirements of applicable legislation and Listing Rules and in view of the inability to regain compliance made a decision to terminate trading in QI effective January 22, 2024.

More detailed information may be found on the official SEC website.