Allied Domecq PLC Shares Begin Trading On the New York Stock Exchange Under Symbol ``AED''.Business Editors NEW YORK--(BUSINESS WIRE)--July 31, 2002 Allied Domecq, a leading international spirits, wine and quick service restaurants business, today listed its shares on the New York Stock Exchange. Shares of Allied Domecq, which has a market capitalization of approximately $6.6 billion, will be traded in the form of American Depositary Shares (ADSs) with one ADS representing four Allied Domecq ordinary shares. The ADSs will trade under the ticker symbol "AED". No new Allied Domecq shares will be issued in connection with the listing. JPMorgan Chase Bank will act as the depositary bank. Senior management of Allied Domecq, including Philip Bowman, Chief Executive, Graham Hetherington, Chief Financial Officer, and Kim Manley, Chief Marketing Officer, visited the New York Stock Exchange to ring the opening bell and mark the listing on the Big Board Big Board A nickname for the New York Stock Exchange.Notes: Founded in 1792, the NYSE is the oldest exchange in the United States, and more than 2,000 common and preferred stocks are traded on it. Back in 1792 the trading floor was under a buttonwood tree. Nowadays, this area is known as Wall Street. See also: Buttonwood Agreement, Common Stock, Exchange, Nasdaq, NYSE, Preferred Stock, Wall Street . Commenting on the listing, Philip Bowman said, "As a leading global player in spirits, wine and quick service restaurants, Allied Domecq is committed to increasing our visibility in the United States, our largest market. Today's listing on the New York Stock Exchange enables the company to capitalize on the strong consumer and investor interest in our branded businesses. We are also very pleased to provide investors as well as our employees and business partners a greater opportunity to participate in Allied Domecq's success." "We are proud to welcome Allied Domecq to our family of listed companies," said NYSE Chairman and CEO Dick Grasso. "Allied Domecq, which joins a prestigious group of great brands that have made the NYSE their home away from home, enjoys the distinction of being the first FTSE-100 company to list on the NYSE in 2002. We look forward to an outstanding partnership with Allied Domecq and its shareholders." Allied Domecq's ordinary shares trade on The London Stock Exchange under ALLD ALLD - Airborne Laser Locator Designator ALLD - Automatic Line Leak Detectors. Further information can be found at http://www.allieddomecq.com/. |
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