Business Context and Reporting Period
This Form 6-K filing by Ardagh Metal Packaging S.A. covers the month of November 2025, with the report dated November 28, 2025. The filing addresses a regulatory action by the New York Stock Exchange (NYSE) concerning the Company's warrants.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure regarding securities listing status rather than a financial performance report.
Material Changes
- Warrant Delisting: The NYSE notified the Company on November 25, 2025, of its intention to delist the warrants (ticker: AMBP.WS) due to "abnormally low selling price" levels pursuant to Section 802.01D of the NYSE Listed Company Manual.
- Trading Suspension: Trading of the warrants was halted on November 25, 2025, and the NYSE issued a press release on November 28, 2025, confirming the immediate suspension and delisting.
- Company Response: Ardagh Metal Packaging S.A. does not intend to appeal the NYSE's determination.
Outlook, Risks, and Unusual Items
Warrant Terms: Despite the delisting, the warrants remain exercisable for one ordinary share at an exercise price of $11.50 per share. They are exercisable until 5:00 p.m. New York City time on the earlier of August 4, 2026, or the redemption date specified in the Warrant Agreement.
Impact on Ordinary Shares: The delisting action applies solely to the warrants and will not impact the listing of the Company's ordinary shares, which will continue to trade on the NYSE under the ticker symbol "AMBP".
Investor Verification Checklist
- Verify the current trading status of the warrants (AMBP.WS) on alternative markets, if any.
- Confirm the exact expiration date of the warrants (August 4, 2026, or earlier redemption date).
- Review the Warrant Agreement (dated August 10, 2020) for specific redemption terms and adjustment mechanisms.
- Monitor the trading status of the ordinary shares (AMBP) to ensure no secondary impact occurs.