Allied Domecq To List On New York Stock Exchange.Business Editors Allied Domecq, a leading international spirits and wine company and quick service restaurant operator, today announced its plans shortly to list its ordinary shares on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. in the form of American Depositary Shares (ADSs). Allied Domecq has a market capitalization of approximately $7 billion. No new Allied Domecq shares will be issued in connection with the listing. The proposed symbol for the company's ADSs is "AED AED - Automated Engineering Design ". Commenting on the proposed NYSE NYSE See: New York Stock Exchange listing, Philip Bowman, Chief Executive, said "Allied Domecq is a leading global player in spirits, wine and quick service restaurants. Our listing will increase our visibility in North America, our largest market, and enable the company to capitalize on the strong consumer and investor interest in our branded businesses. The listing will give US debt and equity investors as well as our employees and business partners a greater opportunity to participate in Allied Domecq's success." Allied Domecq is the second largest spirits company in the world and a leading quick service restaurant operator. Allied Domecq's ordinary shares trade on The London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. under ALLD ALLD Automatic Line Leak Detectors ALLD Airborne Laser Locator Designator . Further information can be found at www.allieddomecqplc.com. |
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