Infosys (NYSE:INFY) has announced that the French Autorite des marches financiers (AMF) has approved the Company's prospectus for admission of its American Depositary(AD) Shares for listing and trading on the Professional Segment of NYSE Euronext Paris, and has granted visa number 13-029, dated February 13, 2013, on the Prospectus.
Infosys has also applied for admission to listing and trading on NYSE Euronext London. On February 12, 2013, Euronext Paris S.A. approved Infosys' application for listing and trading its American Depositary Shares on NYSE Euronext Paris, and LIFFE Administration and Management approved its application for trading of its American Depositary Shares on NYSE Euronext London.
Infosys' American Depositary Shares are scheduled to begin trading on the Euronext exchanges and to be admitted to the Official List of the UKLA on February 20, 2013. The Company’s American Depositary Shares will trade under the symbol “INFY” and be denominated in Euros on the Euronext exchanges. This listing will not alter Infosys' share count, capital structure, or current stock listing on the New York Stock Exchange (NYSE).
The Euronext listings are proposed to attract investors based outside of India and the United States, particularly in Europe and provide greater access to Infosys' American Depositary Shares among European fund managers who may be required to invest in Euro-zone markets or currencies only. This will promote additional access for all investors and broadening the trading window available for Infosys global investors.
