NYSE Euronext Welcomes Groupe Eurotunnel as the First Company on Its London Market
June 20 2012 - 2:35AM
UK Regulatory
TIDMGETS
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 EUR0.40 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 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.eurotunnelgroup.com
More information:
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,
over 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
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and the United States trade equities,
futures, options, fixed-income and exchange-traded products. With
approximately 8,000 listed issues (excluding European Structured
Products), NYSE Euronext's equities markets -- the New York Stock
Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca --
represent one-third of the world's equities trading, the most
liquidity of any global exchange group. NYSE Euronext also operates
NYSE Liffe, one of the leading European derivatives businesses and
the world's second-largest derivatives business by value of
trading. The company offers comprehensive commercial technology,
connectivity and market data products and services through NYSE
Technologies. NYSE Euronext is in the S&P 500 index. For more
information, please visit: http://www.nyx.com.
Disclaimer
Liffe Administration and Management is part of the NYSE Euronext
Group and operates NYSE Euronext London as a Regulated Market
(regulated by the Financial Services Authority). The creation of
rights and obligations in respect of financial products that are
traded on the exchanges operated by NYSE Euronext's subsidiaries
shall depend solely on the applicable rules of the market operator.
Persons wishing to trade products available on NYSE Euronext
markets or wishing to offer such products to third parties are
advised, before doing so, to check their legal and regulatory
position in the relevant territory and to understand the related
risks. This communication is for information purposes only and none
of the information herein constitutes advice or a recommendation.
NYSE Euronext makes no representation or warranty as to the
accuracy or completeness of the material herein and any liability
for the same is expressly disclaimed. All proprietary rights and
interest in or connected with this publication are vested in NYSE
Euronext. No part of it may be redistributed or reproduced in any
form or by any means or used to make any derivative work (such as
translation, transformation, or adaptation) without the prior
written permission of NYSE Euronext. NYSE Euronext refers to NYSE
Euronext and its affiliates and references to NYSE Euronext in this
press release include each and any such company as the context
dictates. All rights reserved. www.nyx.com.
NYSE Euronext
Caroline Nico, 33 1 49 27 10 74
cnico@nyx.com
or
James Dunseath, +44 (0)20 7379 2804
jdunseeath@nyx.com
or
Groupe Eurotunnel
Fabienne Lissak, 33 1 40 98 04 67
Fabienne.Lissak@eurotunnel.com
or
John Keefe, + 44 (0)1303 284491
Consultant
press@eurotunnel.com
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