French retail to luxury group PPR SA (PP.FR) Friday said it delisted the shares of recently acquired U.S. skate and surf apparel maker Volcom Inc. (VLCM).

MAIN FACTS:

- In connection with the completion of the transaction, Volcom's common stock ceased to be traded on the Nasdaq Stock Market following market close on Thursday, June 23 and will be delisted.

- Volcom has become an indirect wholly owned subsidiary of PPR.

- Detailed instructions will be mailed to former Volcom stockholders who did not tender their shares into the offer outlining the steps to be taken to obtain the merger consideration of $24.50 per share in cash.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; inti.landauro@dowjones.com

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