Technip Energies: US delisting ahead
(CercleFinance.com) - Technip Energies announced on Monday its intention to de-register from the US Securities and Exchange Commission (SEC) to focus on its listing in Paris.
The energy engineering group said it intends to file a "Form 15F" with the New York stock exchange authority to end its publication obligations in the US.
The de-listing document refers to its American depositary receipt (ADR) program, which is traded over-the-counter in the US.
Technip Energies - whose shares are listed on Euronext Paris - plans to continue to publish its financial information with the AMF in France and the AFM, its Dutch equivalent.
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