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Sodexho Alliance delists its American Depositary Receipts from the New York Stock Exchange
7/16/2007
Sodexho Alliance delists its American Depositary Receipts from the New York Stock Exchange and deregisters under the U.S. security laws.
Paris, July 16, 2007 - Sodexho Alliance (Euronext Paris FR0000121220 - SW / OTC: SDXAY) announced that as of today it has completed the delisting of its American Depositary Receipts (ADRs) from the New York Stock Exchange. Sodexho also filed a form today with the U.S. Securities and Exchange Commission to terminate the registration of its shares under the U.S. Securities Exchange Act of 1934. Today's filing will immediately suspend Sodexho's U.S. reporting obligations and is expected to terminate Sodexho's U.S. reporting obligations in ninety days.
On May 30, 2007, Sodexho announced that the Board of Directors had resolved to apply for voluntary delisting and deregistration of its ADRs, and on June 25, 2007, Sodexho announced it had notified the New York Stock Exchange of its intent to delist its ADRs. Sodexho's ordinary shares will continue to be listed on Euronext Paris.
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About Sodexho Alliance, founded in 1966 by Pierre Bellon, is the leading global provider of Food and Facilities Management services, with more than 332,000 employees on 28,300 sites in 80 countries. For Fiscal 2006, which closed August 31, 2006, SODEXHO ALLIANCE had sales of 12.8 billion euro. Listed on Euronext Paris, the Group's current market capitalization is 8.4 billion euro.
