Sims Metal Management Ltd ADR (SMSMY)
OTOTC · Common · CUSIP 829160100
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Security Profile

Security Type
Common Stock
CUSIP
829160100
Market Cap
Large Cap · $4 Billion
Previous Symbol
SMS (changed 10/11/2013)
Business: Sims Metal Management Limited operates in the secondary metal recycling industry. The company engages in ferrous secondary recycling, non-ferrous secondary recycling, and recycling solutions businesses. Its ferrous secondary recycling activities comprise the collection, processing, and trading of iron and steel secondary raw material; non-ferrous secondary recycling activities consist of the collection, processing, and trading of other metal alloys and residues, principally aluminum, lead, copper, zinc, and nickel bearing materials; and recycling solutions comprise the provision of environmentally responsible solutions to the disposal of post consumer products, including IT assets recycled for commercial customers. The company also involves in secondary processing activities, including melting, refining, and ingoting certain non-ferrous metals; and the reclamation and reprocessing of plastics, as well as in landfill gas renewable energy operations. It operates in the United States, Canada, Australia, New Zealand, Papua New Guinea, the United Kingdom, Sweden, Holland, Germany, and Asia.
Notes: June 5, 2013 - - Sims Metal Management Limited today announced that it intends to voluntarily delist its American Depositary Receipts (ADRs) from the New York Stock Exchange (NYSE). The delisting of the Company's ADRs is expected to become effective on or about 11 October 2013. Following the NYSE delisting, the Company's securities will not be listed on any national securities exchange in the United States. The Company, however, expects to retain an ADR programme in the U.S. on the over-the-counter (OTC) market, in order to enable investors to continue to trade the Company's ADRs. Trading on the OTC market is expected to commence on or about the date the Company's ADRs are delisted from the NYSE under ticker SMSMY. The Company's ordinary shares are entirely unaffected by this decision and will continue to be listed on the Australian Securities Exchange.

Company Contact

CEO
Daniel W. Dienst BA, J.D
CFO
Robert C. Larry
Headquarters
110 Fifth Avenue, Seventh Floor, New York, NY 10011
Phone
212-604-0710
Fax
212-604-0722
Investor Relations
Daniel Strechay · 212-500-7430 · daniel.strechay@simsmm.com.
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