NYSE to Suspend Trading in the Third Cumulative Preferred Stock, $1.70 First
Series of H.J. Heinz Company
NEW YORK -- February 15, 2013
The New York Stock Exchange (“NYSE”) announced yesterday that the staff of
NYSE Regulation, Inc. (“NYSE Regulation”) has determined to commence
proceedings to delist the Third Cumulative Preferred Stock, $1.70 First Series
(“Preferred Stock”) of H. J. Heinz Company (the “Company”) -- ticker symbol
HNZ PR -- from the NYSE. Trading in the Company’s Preferred Stock will be
suspended prior to the opening of trading on February 15, 2013.
NYSE Regulation has determined that the Preferred Stock is no longer suitable
for listing because it does not meet the minimum continued listing
distribution requirement of 100,000 publicly held shares outstanding as set
forth in Section 802.01 of the NYSE Listed Company Manual.
The Company has a right to a review of this determination by a Committee of
the Board of Directors of NYSE Regulation. Application to the Securities and
Exchange Commission to delist the issue is pending the completion of
applicable procedures, including any appeal by the Company of the NYSE
Regulation staff’s decision.
H. J. Heinz Company
Margaret R. Nollen, 412-456-1048
Senior Vice President, Strategy & Investor Relations
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