Infosys Plans To List Its ADS On The NYSE Euronext

Infosys, a global leader in consulting and technology, today announced that it will be transferring the listing of its American Depositary Shares (ADS) to the New York Stock Exchange (NYSE) from the NASDAQ Global Select Market (NASDAQ).
By: Infosys Limited
 
Dec. 1, 2012 - PRLog -- Bangalore – November 30, 2012: Infosys, a global leader in consulting and technology, today announced that it will be transferring the listing of its American Depositary Shares (ADS) to the New York Stock Exchange (NYSE) from the NASDAQ Global Select Market (NASDAQ). The company is also seeking to list its ADS on the Paris and London exchanges of NYSE Euronext.

Infosys ADS will begin trading on the NYSE Euronext markets in the U.S. under the ticker symbol ‘INFY’ on December 12, 2012. Until the transfer is complete, Infosys ADS will continue to trade in the U.S. under the ticker symbol ‘INFY’ on the NASDAQ. Once the separate Euronext listing process is complete, Infosys ADS will begin trading on the NYSE Euronext markets in Paris and London.

The NYSE Euronext listing will not change Infosys float, share/ADR count and capital structure.

"Our decision to transfer our American Depositary Shares listing to NYSE is motivated by a desire to leverage the NYSE Euronext partnership to empower our investor base, increase access to our stock for European investors and broaden the trading window available for our global investors," said S. D. Shibulal, CEO and MD, Infosys. "We thank NASDAQ for the support and partnership we received from them as we took the Infosys brand to the global market. We look forward to a strong and long engagement with NYSE Euronext."

"Infosys is a global leader in consulting, technology and outsourcing, and we welcome the company's decision to transfer its listing to the NYSE," said Duncan Niederauer, CEO, NYSE Euronext.  "Infosys will benefit greatly from our leading global community, superior visibility platform, and innovative market structure and technology. We look forward to building an outstanding partnership with Infosys and its shareholders in order to further unlock the company's potential.”

For more details visit: http://www.infosys.com/newsroom/press-releases/Pages/info...

Contact


Investor Relations

Avishek Lath, India
+91 (80) 4116 7744
avishek_lath@infosys.com



Sandeep Mahindroo, US
+1 (646) 254 3133
sandeep_mahindroo@infosys.com



Media Relations

Sarah Vanita Gideon, India
+91 (80) 4156 4998
Sarah_Gideon@infosys.com



Danielle D’Angelo, USA
+1 (510) 859 5783
Danielle_Dangelo@infosys.com
End
Source:Infosys Limited
Email:***@infosys.com Email Verified
Tags:American Depositary Shares, Infosys ADS, Nyse Euronext
Industry:Business, Services
Location:India
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Infosys PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share