NYSE Euronext welcomes Groupe Eurotunnel as the first company on its London market
Offering Issuers and Investors an alternative platform in the London market
Amsterdam, Brussels, Lisbon, London, New York, Paris – 20th June 2012 – NYSE Euronext (NYX) today announced that Groupe Eurotunnel (ISIN FR0010533075 ticker symbol : GET) will be the first company to be admitted to trading on NYSE Euronext London on 19thJuly 2012, transferring its current admission to trading from the London Stock Exchange.
The Company’s ordinary shares of €0.40 each (the “Shares”) will be admitted to trading on NYSE Euronext London on 19th July 2012 and its admission to trading on the LSE will be cancelled on 20th July 2012. There will be one day of overlap during which the Shares will be admitted to trading on both the LSE and NYSE Euronext London to ensure continuous admission to the Official List of the UK Listing Authority the (“Official List”). This does not impact the listing of the Shares on the Official List or the listing and/or trading of the shares on NYSE Euronext Paris.
Notes to Editors:
About Groupe Eurotunnel
Groupe Eurotunnel (Euronext Paris: GET and London Stock Exchange: GETS) manages the infrastructure of the Channel Tunnel and operates accompanied truck shuttle and passenger shuttle (car and coach) services between Folkestone, UK and Calais, France. Eurotunnel holds the concession until 2086 to operate the Channel Tunnel, the fastest, most reliable, easiest and most environmentally friendly way to cross the Channel. In 18 years, nearly 284 million people have used the Channel Tunnel. This unique land crossing has become a vital link between the continent and the United Kingdom. Eurotunnel also runs a rail freight business through its subsidiary Europorte, which offers a wide range of integrated rail freight services.
www.eurotunnelgroup.com
Amsterdam, Brussels, Lisbon, London, New York, Paris – 20th June 2012 – NYSE Euronext (NYX) today announced that Groupe Eurotunnel (ISIN FR0010533075 ticker symbol : GET) will be the first company to be admitted to trading on NYSE Euronext London on 19thJuly 2012, transferring its current admission to trading from the London Stock Exchange.
Admission to trading on NYSE Euronext London will allow Groupe Eurotunnel to benefit from improved liquidity and direct, convenient access to a broad investor base across Europe, thanks to the strength and visibility of NYSE Euronext’s European markets. In addition, the transfer offers investors a single trading platform with Groupe Eurotunnel being traded on NYSE Euronext's single order book, at a single price (in euros).
NYSE Euronext has a longstanding and respected presence in the UK market through NYSE Liffe, its highly successful international derivatives exchange. This presence is expanded by NYSE Euronext London which provides international and domestic issuers with additional choice when listing in London and direct access to one of the largest global trading pools, whilst also offering investors an attractive and unique entry point to its markets.
“This is a significant and exciting new chapter for the two companies and we are delighted to welcome Groupe Eurotunnel as the first company to be admitted to trading on NYSE Euronext’s London trading venue,” said Dominique Cerutti, President & Deputy Chief Executive Officer, NYSE Euronext. “Groupe Eurotunnel will immediately benefit from our leading position in the European cash markets and gain access to a deep and liquid investor base from the UK, Eurozone, and global investor community. We believe that we are offering a superior alternative to companies wishing to list here thanks to the strength and visibility of our global brand.”
Jacques Gounon, Chairman and Chief Executive Officer of Groupe Eurotunnel SA said “The Channel Tunnel is a worldwide achievement which attracts the best class of investors from around the world. Today’s move will allow investors to have easier access to Groupe Eurotunnel shares.”
The Company’s ordinary shares of €0.40 each (the “Shares”) will be admitted to trading on NYSE Euronext London on 19th July 2012 and its admission to trading on the LSE will be cancelled on 20th July 2012. There will be one day of overlap during which the Shares will be admitted to trading on both the LSE and NYSE Euronext London to ensure continuous admission to the Official List of the UK Listing Authority the (“Official List”). This does not impact the listing of the Shares on the Official List or the listing and/or trading of the shares on NYSE Euronext Paris.
The management team will ring the opening bell in London to mark the start of continental Europe trading on NYSE Euronext on 19th July 2012 and will come to Paris later that day after having taken the Shuttle to close the market and celebrate this event.
Notes to Editors:
1. Groupe Eurotunnel gave notice to the LSE of its intention to transfer its existing London listing from the LSE to NYSE Euronext London by cancelling its admission to trading with the LSE and applying for admission to trading with NYSE Euronext London. Full details of the transfer can be found in the Summary Document published on the Groupe Eurotunnel website http://www.eurotunnelgroupe.com
More information:
NYSE Euronext
Caroline Nico – +33 (0)1 49 27 10 74 cnico@nyx.com
James Dunseath – +44 (0)20 7379 2804 jdunseeath@nyx.com
Caroline Nico – +33 (0)1 49 27 10 74 cnico@nyx.com
James Dunseath – +44 (0)20 7379 2804 jdunseeath@nyx.com
Groupe Eurotunnel
Fabienne Lissak – +33 (0)1 40 98 04 67 fabienne.lissak@eurotunnel.com
John Keefe Consultant – + 44 (0)1303 284491 press@eurotunnel.com
Fabienne Lissak – +33 (0)1 40 98 04 67 fabienne.lissak@eurotunnel.com
John Keefe Consultant – + 44 (0)1303 284491 press@eurotunnel.com
About Groupe Eurotunnel
Groupe Eurotunnel (Euronext Paris: GET and London Stock Exchange: GETS) manages the infrastructure of the Channel Tunnel and operates accompanied truck shuttle and passenger shuttle (car and coach) services between Folkestone, UK and Calais, France. Eurotunnel holds the concession until 2086 to operate the Channel Tunnel, the fastest, most reliable, easiest and most environmentally friendly way to cross the Channel. In 18 years, nearly 284 million people have used the Channel Tunnel. This unique land crossing has become a vital link between the continent and the United Kingdom. Eurotunnel also runs a rail freight business through its subsidiary Europorte, which offers a wide range of integrated rail freight services.
www.eurotunnelgroup.com
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