- 2017 02 08 Delisting ENG vFinal (pdf 198.8 ko)
Amsterdam, February 8, 2017, 22:15 CET – Cnova N.V. (NASDAQ & Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova” or the “Company”) – announced today that it has submitted written notice to the Nasdaq Global Select Market (“NASDAQ”) of its intention to voluntarily delist its ordinary shares, par value €0.05 per share (the “ordinary shares”), from NASDAQ. The Company intends to file a Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on February 20, 2017, to initiate voluntary delisting of its ordinary shares from NASDAQ and to terminate the registration of the ordinary shares under Section 12(b) of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”). Delisting of the ordinary shares from NASDAQ is expected to become effective on March 3, 2017, ten days after the filing date of the Form 25. The Company also intends to file a Form 15 with the SEC on or about March 3, 2017, to suspend its U.S. public reporting obligations under the Exchange Act because it has fewer than 300 record holders of the ordinary shares.
Casino, Guichard-Perrachon S.A. announced on January 31, 2017, that following the successful completion of tender offers in the United States and France (the “Tender Offers”) for all of the Company’s ordinary shares, it owns approximately 98.88% of the Company’s outstanding ordinary shares. The ordinary shares will continue to be listed on Euronext Paris for the time-being.
As of the date of the filing of the Form 15, the Company’s obligation to file certain reports under the Exchange Act, including Forms 20-F and 6-K, will be immediately suspended.
