ATHENS, June 30 Coca-Cola HBC (CC HBC)
, the world's No. 2 bottler of Coca-Cola Co
drinks, plans to delist its shares held in American Depositary
Receipts (ADRs) on the New York Stock Exchange next month, it
said on Monday.
The bottler, which moved its tax base from Greece to
Switzerland and its primary listing from Athens to London last
year, said its ADR programme was not contributing much to
facilitating trading in its securities, accounting for only
about 1.3 percent of total volume in the past 12 months.
"Since our premium listing on the London Stock Exchange
on 29 April 2013, the United Kingdom has become the
principal trading market for our shares", CC HBC said in a
The delisting is expected to take effect around the end of
(Reporting by Angeliki Koutantou; Editing by David Holmes)