By Jaime Llinares Taboada

 

Tesco PLC on Thursday applied to delist its ordinary shares from the Euronext Dublin exchange.

The U.K.'s biggest grocer by market share said that it expects the delisting to take effect on or around Feb. 11.

Tesco said that the delisting will simplify its regulatory compliance obligations.

The company noted that the delisting won't impact its day-to-day business operations in Ireland, nor its listing on the London Stock Exchange.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

January 13, 2022 11:29 ET (16:29 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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