Drinks group C&C has decided to end its listing on Euronext Dublin and switch its financial reporting from euro to sterling from October 7.

C&C, whose brands include Bulmers and Magners cider and Tennants lager, said it hopes to be included on the FTSE All-Share Index and the FTSE 250 later this year.

C&C's shares are already listed on London's FCA Official List.

After the deal to buy Matthew Clark and Bibendum in the UK last year, most of C&C's revenues, earnings and activities are now derived in and from the UK.

As a result, C&C said there has been a consequent reduction in the proportion of the company's revenues and profit earned in Ireland.

C&C also said a majority of its shares are now held by shareholders based in the UK and North America and being listed in London is likely over time to increase awareness of the company among the investor community.

C&C also said it change reporting in euro to sterling with effect from October 7 - its last day of trade in Dublin.

The company said these changes will not have any impact on the domicile or operations of C&C, which remain in Ireland.