Segro PLC (SGRO.LN), a real estate investment trust which provides flexible business space, operating from a network of offices across 10 countries, said Thursday it has applied for the delisting of its shares from NYSE Euronext due, in part, to the low volume of transactions in Paris.

MAIN FACTS:

-Application has been approved by the Board of Euronext Paris SA.

-Delisting of Segro shares on NYSE Euronext Paris will have no impact on Segro's day-to-day operations in France or in Continental Europe, where it continues to have an active presence.

-Delisting won't affect shareholders whose shares are listed on London Stock Exchange.

-Shares in London at 0700 GMT up 1.3 pence, or 0.5%, at 263.6 pence valuing the company at GBP1.95 billion.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com

 
 
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