Brussels and Paris, 11 January 2012, for instant release
SOLVAY APPLIES FOR SECOND LISTING OF ITS SHARES ON NYSE EURONEXT PARIS
Solvay, listed on NYSE Euronext Brussels, announced today that it has filed an application for a listing of its shares on NYSE Euronext Paris. This second listing is consistent with the company's historical record and its significant presence on the French markets. Active in France since 1872, the Solvay Group generated combined sales of EUR 1.3 billion in 2010.
Since the recent acquisition of Rhodia, a multinational company with French roots, France is from an industrial point of view the most important country for the new Solvay Group, with 15 production sites, five research and development centers and about 7,000 employees.
Listing of the Solvay shares on NYSE Euronext Paris is expected on 23 January 2012 following a direct listing procedure without issuing any new shares.
SOLVAY:
http://www.solvay.com/ is an international chemical Group committed to sustainable development with a clear focus on innovation and operational excellence. Its recent acquisition of specialty chemicals company Rhodia:
http://www.rhodia.com/ created a much larger player, which is realizing over 90% of its sales in markets where it is among the top 3 global leaders. Solvay offers a broad range of products that contribute to improving the quality of life and the performance of its customers in markets such as consumer goods, construction, automotive, energy, water and environment, and electronics. The Group is headquartered in Brussels, employs about 30,000 people in 55 countries and generated EUR 12 billion in sales (pro forma) in 2010. Solvay SA is listed on NYSE Euronext (SOLB.BE:
http://www.euronext.com/trader/summarizedmarket/stocks-2593-EN-BE0003470755.html?selectedMep=3 - Bloomberg: SOLB.BB:
http://www.bloomberg.com/apps/quote?ticker=SOLB%3ABB - Reuters: SOLBt.BR:
http://www.reuters.com/search?blob=SOLBt.BR).
For further details, please contact:
LAMIA NARCISSE Corporate Press Officer RHODIA +33 1 53 56 59 62 lamia.narcisse@eu.rhodia.com: mailto:lamia.narcisse@eu.rhodia.com | ERIK DE LEYE Corporate Press Officer SOLVAY S.A +32 2 264 1530 erik.deleye@solvay.com: mailto:erik.deleye@solvay.com | MARIA ALCON HIDALGO Head of Investor Relations RHODIA +33 1 53 56 64 89 maria.alcon-hidalgo @eu.rhodia.com: mailto:maria.alcon-hidalgo@eu.rhodia.com | PATRICK VERELST Head of Investor Relations SOLVAY S.A +32 2 264 1540 patrick.verelst@solvay.com: mailto:patrick.verelst@solvay.com |
http://hugin.info/133981/R/1576844/491484.pdf
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Source: Solvay S.A. via Thomson Reuters ONE