)
To mark the occasion of NYSE Euronext’s first cross listing of an Indian company, S D Shibulal, CEO and Managing Director, will be in London to open the market by ringing the bell at 08.00 GMT / 09.00 CET.
Commenting on the development UK Prime Minister David Cameron said: "Infosys is a great example of Indian investment in the UK and I’m delighted that they will be the first Indian company to be admitted to trade on NYSE Euronext London this week. This decision is testament to Britain’s position as the gateway of choice for Indian companies wanting to invest in the European Union."
Infosys was founded in 1981 by seven people and today has revenues of over $7 billion, employing more than 155,000 people. Infosys is part of the Indian technology sector that now represents 24% of Indian exports and 13% of India’s Bombay Stock Exchange 30 Sensex.
“Listing on NYSE Euronext enables UK, French and other European investors to have direct access to Infosys ADS. It is testament to the strong relationship between India and the UK and allows UK investors to benefit from the India growth story. The listing broadens our trading window between Mumbai and New York and demonstrates our commitment to the region as one of the key drivers of our next phase of growth,” said Shibulal.
Infosys began trading on the NYSE on December 12, 2012 and trades under the ticker symbol INFY. Infosys will also trade on NYSE Euronext under the ticker symbol Infy.
