On a corporate action affecting ordinary shares of Nordstrom, Inc. (JWN)

On December 22, 2024, Nordstrom, Inc. entered into a merger agreement under which it will be acquired by Norse Holdings, Inc. Nordstrom, Inc. shareholders will receive $24.25 in cash for each share of Nordstrom, Inc. that they own. Transaction is expected to close in the first half of 2025 if approved by stockholders on the Special Meeting of Shareholders to be held May 16, 2025. For more details, please, refer to the company’s website.  

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.