Diageo to delist from Euronext Paris and Euronext Dublin

Diageo moved on Thursday to delist its shares from Euronext Paris and Euronext Dublin.

Its decision followed a review of the trading volumes, costs and administrative requirements related to those two listings, the company said.

The spirits maker's delisting was subject to approval by the boards of the two exchanges but was expected to go ahead on 26 May and to take effect on or around 30 May.

However, listings on the London Stock Exchange and New York Stock Exchange would not be affected by the present decision.

As of 1541 GMT, Diageo shares were little changed, trading up by 0.03% to 3,677.0p.