INFOSYS LIMITED: Infosys on NYSE Euronext London and Paris Market
Infosys to trade on NYSE Euronext London and Paris Markets
Infosys CEO first to ring Opening Bell for NYSE Euronext's European Markets and
Closing Bell at the NYSE on same day
London and Paris, February 18, 2013: Infosys, a global leader in consulting and
technology, will be the first Indian company admitted to trading on NYSE
Euronext's (NYX) London and Paris markets from Wednesday, February 20, 2013. To
mark the occasion of NYSE Euronext's first cross listing of an Indian company,
S. D. Shibulal, CEO and Managing Director, will be in London to open the market
by ringing the bell at 08.00 GMT / 09.00 CET.
UK Prime Minister David Cameron said, "Infosys is a great example of Indian
investment in the UK and I'm delighted that they will be the first Indian
company to be admitted to trade on NYSE Euronext London this week. This
decision is testament to Britain's position as the gateway of choice for Indian
companies wanting to invest in the European Union."
Headquartered in Bangalore, Infosys was founded in 1981 by seven people and
today has revenues of over $7 billion, employing more than 155,000 people.
Infosys pioneered the globalization of the Indian technology sector that now
represents 24% of Indian exports and 13% of India's Bombay Stock Exchange 30
To celebrate the successful completion of the NYSE Euronext listing process in
London, Paris and New York, Mr. Shibulal will travel to New York immediately
after opening the market in London on February 20 to ring the closing bell at
the New York Stock Exchange (NYSE). In doing so he will become the first NYSE
Euronext listed company CEO to ring the Opening Bell for NYSE Euronext European
division and the Closing Bell at the NYSE on the same day.
Commented Mr Shibulal, "Listing on NYSE Euronext enables UK, French and other
European investors to have direct access to Infosys ADS. It is testament to the
strong relationship between India and the UK and allows UK investors to benefit
from the India growth story. The listing broadens our trading window between
Mumbai and New York and demonstrates our commitment to the region as one of the
key drivers of our next phase of growth."
"By leveraging our platform to reach the European investor community we are
delighted to be the partner of choice for Infosys in realizing their strategic
ambitions," said Dominique Cerutti, President and Deputy CEO, NYSE Euronext.
"For leading Indian companies, like Infosys, looking to increase their
liquidity and visibility, NYSE Euronext provides a unique proposition to the
issuer community by facilitating multiple listings under the umbrella of a
single stock exchange operator."
Infosys began trading on the NYSE on December 12, 2012 and trades under the
ticker symbol INFY. Infosys will also trade on NYSE Euronext under the ticker
Infosys partners with global enterprises to drive their innovation-led growth.
That's why Forbes ranked Infosys 19 among the top 100 most innovative
companies. As a leading provider of next-generation consulting, technology, and
outsourcing solutions, Infosys helps clients in more than 30 countries realize
their goals. Visit www.infosys.com and see how Infosys (NYSE: INFY), with its
150,000+ people, is Building Tomorrow's Enterprise® today.
# # #
Certain statements in this release concerning our future growth prospects are
forward-looking statements, which involve a number of risks and uncertainties
that could cause actual results to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties regarding
fluctuations in earnings, fluctuations in foreign exchange rates, our ability
to manage growth, intense competition in IT services including those factors
which may affect our cost advantage, wage increases in India, our ability to
attract and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration, restrictions on
immigration, industry segment concentration, our ability to manage our
international operations, reduced demand for technology in our key focus areas,
disruptions in telecommunication networks or system failures, our ability to
successfully complete and integrate potential acquisitions, liability for
damages on our service contracts, the success of the companies in which Infosys
has made strategic investments, withdrawal or expiration of governmental fiscal
incentives, political instability and regional conflicts, legal restrictions on
raising capital or acquiring companies outside India, and unauthorized use of
our intellectual property and general economic conditions affecting our
industry. Additional risks that could affect our future operating results are
more fully described in our United States Securities and Exchange Commission
filings including our Annual Report on Form 20-F for the fiscal year ended
March 31, 2012 and on Form 6-K for the quarters ended June 30, 2012, September
30, 2012 and December 31, 2012.These filings are available at http://
www.sec.gov . Infosys may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the company's
filings with the Securities and Exchange Commission and our reports to
shareholders. The company does not undertake to update any forward-looking
statements that may be made from time to time by or on behalf of the company
unless required by law.
For further information please contact:
Paul de Lara
Infosys, United Kingdom
Phone: +44 2075162748
Sarah Vanita Gideon
Phone: +91 80 4156 4998
Phone: +61 3 9860 2277
Infosys, United States
Phone: +1 510 859 5783
-0- Feb/18/2013 15:20 GMT
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