Diageo announces voluntary delisting from Euronext Paris

Diageo announces that the delisting of its shares from Euronext Paris has been approved by the board of directors of Euronext Paris. It is currently anticipated that the Paris Delisting will take effect on 26 May 2023. The decision by Diageo to delist was taken following a review of the trading volumes, costs and administrative requirements related to its listing on Euronext Paris. The delisting from Euronext Paris will not have any impact on Diageo’s day-to-day operations in France. Diageo’s listings on the London Stock Exchange and the New York Stock Exchange will not be impacted by the delisting from Euronext Paris. Following the announcement made on 13 April 2023, Diageo has also submitted an application for the delisting of its ordinary shares from Euronext Dublin. Euronext Dublin has now confirmed that it requires no further information from Diageo to effect the Dublin Delisting. It is currently anticipated that the Dublin Delisting will take effect on or around 30 May 2023, approximately one business day after the Paris Delisting has taken effect. Diageo will publish a further announcement when the Dublin Delisting has taken effect. A voluntary sales facility procedure will be put in place in accordance with Euronext Paris’ rules to allow shareholders to sell their Diageo shares listed on Euronext Paris and held in the Euroclear France clearing system. Diageo has appointed Uptevia to act as centralising agent in connection with the voluntary sales facility.