Ferguson Enterprises Inc.: Establishment of new corporate structure, cancellation of Ferguson plc listing and admission of Ferguson Enterprises Inc. common stock
2024年8月1日 - 4:10PM
ビジネスワイヤ(英語)
Ferguson Enterprises Inc. announces the completion of the
previously announced transaction to establish a new corporate
structure to domicile the Ferguson plc group’s ultimate parent
company in the United States. As a result of the transaction,
Ferguson Enterprises Inc., a Delaware corporation (“the
Company”), is now the new parent
company of the Ferguson plc group.
On August 1, 2024, Ferguson plc implemented the new corporate
structure by completing the merger (the “Merger”) of Ferguson (Jersey) 2 Limited
(“Merger Sub”), a newly formed Jersey
incorporated private limited company and direct, wholly owned
subsidiary of the Company, with and into Ferguson plc, with
Ferguson plc surviving the Merger as a direct, wholly owned
subsidiary of the Company and Merger Sub ceasing to exist, on the
terms and subject to the conditions of the Merger Agreement, dated
as of February 29, 2024, by and among the Company, Merger Sub and
Ferguson plc.
Pursuant to the Merger, at 12:01 a.m. Eastern Time / 5:01 a.m.
UK time on August 1, 2024, Ferguson plc shareholders received one
share of common stock in the Company in place of each Ferguson plc
ordinary share held by them at 6:00 p.m. Eastern Time / 11:00 p.m.
UK time on July 31, 2024.
In connection with the Merger, with effect from 3:00 a.m.
Eastern Time / 8:00 a.m. UK time today: (i) the listing of all
201,343,253 existing Ferguson plc ordinary shares on the equity
shares (international commercial companies secondary listing)
category of the Official List of the Financial Conduct Authority
(“FCA”) was cancelled and those
existing Ferguson plc ordinary shares ceased to be admitted to
trading on the London Stock Exchange plc’s (“LSE”) main market for listed securities; and (ii)
201,343,253 shares of common stock of the Company were admitted to
the equity shares (international commercial companies secondary
listing) category of the Official List of the FCA and to trading on
the LSE’s main market for listed securities. It is also anticipated
that on August 1, 2024 Ferguson plc’s ordinary shares will cease
trading on the New York Stock Exchange (“NYSE”) and the Company’s common stock will
commence trading on the NYSE.
The Company’s common stock will trade on the NYSE and the LSE
under the symbol “FERG”, the same symbol that has attached to
Ferguson plc’s ordinary shares.
As of August 1, 2024, Ferguson plc has also been re-registered
as a private company incorporated in Jersey, Channel Islands, and
has changed its name from Ferguson plc to Ferguson (Jersey)
Limited.
Important Information for Investors and Shareholders
THIS ANNOUNCEMENT AND THE INFORMATION HEREIN IS NOT FOR RELEASE,
PUBLICATION OR DISTRIBUTION TO PERSONS, IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION IN
WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BREACH ANY
APPLICABLE LAW.
This announcement does not constitute an offer to sell or the
solicitation of an offer to buy or exchange any securities or a
solicitation of any vote or approval in any jurisdiction. It does
not constitute a prospectus or prospectus equivalent document. No
offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended.
About Ferguson
Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added
distributor serving the specialized professional in our $340B
residential and non-residential North American construction market.
We help make our customers’ complex projects simple, successful and
sustainable by providing expertise and a wide range of products and
services from plumbing, HVAC, appliances, and lighting to PVF,
water and wastewater solutions, and more. Headquartered in Newport
News, Va., Ferguson has sales of $29.7 billion (FY’23) and
approximately 35,000 associates in 1,700 locations. For more
information, please visit corporate.ferguson.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240730682337/en/
For further information please contact: Investor
Inquiries Brian Lantz Vice President, IR and Communications +1
224 285 2410
Pete Kennedy Director, Investor Relations +1 757 603 0111
Media Inquiries Christine Dwyer Senior Director,
Communications and Public Relations +1 757 469 5813
Ferguson Enterprises (NYSE:FERG)
過去 株価チャート
から 8 2024 まで 9 2024
Ferguson Enterprises (NYSE:FERG)
過去 株価チャート
から 9 2023 まで 9 2024