LONDON, UK: Tesco PLC has made an application to Euronext Dublin for the delisting of its ordinary shares from Euronext Dublin. The delisting will simplify regulatory compliance obligations of Tesco PLC.
Any delisting of Tesco PLC’s ordinary shares from the Irish market is subject to the approval of Euronext Dublin and would have no impact on Tesco PLC’s day-to-day business operations in Ireland. It is anticipated that the delisting will take effect on or around 11 February 2022.
Tesco PLC’s listing on the London Stock Exchange would not be impacted by any delisting from Euronext Dublin.
Tesco plc is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. It is the third-largest retailer in the world measured by gross revenues and the ninth-largest in the world measured by revenues.