German insurance group Allianz SE (AZ) said Tuesday it intends to delist its instruments on the New York Stock Exchange as well as some European stock exchanges.

MAIN FACTS:

-Allianz will delist its American Depositary Shares and Undated Subordinated Callable Bonds on the New York Stock Exchange.

-Thereafter, it will also delist ordinary shares on the London, Milan, Paris and Swiss stock exchanges.

-The moves won't affect Allianz's strategy nor its geographic presence in markets.

-Allianz aims to focus on the Frankfurt Xetra trading platform as the market with the highest liquidity, used by the majority of international investors.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500