Hexcel Corporation Common Stock Approved for Listing on NYSE Euronext Paris
June 14 2011 - 3:15PM
Business Wire
Regulatory News:
Hexcel Corporation (NYSE: HXL) (Paris:HXL) today announced that
the French Autorité des marchés financiers (AMF) has approved the
Company’s prospectus for admission of its common stock to listing
and trading on the Professional Segment of NYSE Euronext in Paris
(“Euronext”), and has granted visa number 11-219, dated June 14,
2011, on the prospectus. This prospectus has been prepared by
Hexcel Corporation and its signatory accepts the responsibility for
its contents. The attention of investors is drawn to the risk
factors described in the prospectus. On June 10, 2011, Euronext
approved Hexcel Corporation’s application for listing and trading
of its common stock on Euronext.
Hexcel Corporation’s common stock is scheduled to begin trading
on Euronext on June 20, 2011. The Company’s common stock will trade
under the symbol “HXL” and be denominated in Euros on the Paris
venue. This listing will not alter Hexcel Corporation’s share
count, capital structure, or current stock-listings on the New York
Stock Exchange, where it also trades under the symbol “HXL.”
Hexcel has long had a major presence in Europe, where we employ
approximately 2,000 people in facilities across England, France,
Belgium, Spain, Germany and Austria. The Company believes this
cross listing will provide European investors a greater opportunity
to access Hexcel shares in the future. As an NYSE listed company,
Hexcel easily and efficiently obtained its cross listing on the
NYSE Euronext in Paris through the Fast Path program.
Copies of this prospectus may be obtained free of charge from
Hexcel Corporation at 281 Tresser Boulevard, Stamford, Connecticut
06901, U.S.A. and from its paying agent in France, Société Générale
(Postal address: 32, rue du Champ de Tir, BP 81236, 44312 Nantes
Cedex 3, France). The prospectus will also be available on Hexcel’s
website at www.hexcel.com and the AMF’s website at
www.amf-france.org.
Hexcel Corporation is a leading advanced composites company. It
develops, manufactures and markets lightweight, high-performance
structural materials, including carbon fibers, reinforcements,
prepregs, honeycomb, matrix systems, adhesives and composite
structures, used in commercial aerospace, space and defense and
industrial applications such as wind turbine blades.
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