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BOSTON Havas said it plans to accelerate the voluntary delisting of its shares from the Nasdaq Stock Exchange.
The Paris-based holding company’s American Depositary Shares will trade through July 6 and be delisted on July 7. (Havas last week had said the delisting would take place on July 28.)
Shares will continue to trade publicly on the Euronext market in Paris.
Havas has said it decided to delist after receiving a letter on June 16 from Nasdaq regarding the company’s non-compliance with the exchange’s audit committee requirements following the resignations of three members of its board of directors and audit committee [Adweek Online, June 21].
Havas
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