Norbert Dentressangle trades on London Stock Exchange
Norbert Dentressangle has announced that its ordinary shares have been admitted to listing on the standard listing segment of the Official List, and to trading on NYSE Euronext London, the regulated market operated by LIFFE Administration and Management, under the symbol ‘GND’.
The admission to trading of the supply chain company’s shares on NYSE Euronext London is in addition to the admission to trading of the Company’s shares on the regulated market of NYSE Euronext in Paris where they will trade under the same symbol.
“We are pleased to celebrate our listing on NYSE Euronext London, which is in addition to our listing on NYSE Euronext Paris,” said CEO Hervé Montjotin. “This new listing will serve to diversify our shareholder base, access NYSE Euronext’s deep pool of London-based institutional investors, and position Norbert Dentressangle as a leading international transport, logistics and freight forwarding company.
“This also reflects the strong contribution of our UK based businesses - across our three areas of expertise - transport, logistics and freight forwarding - to the Group’s growth story, as we are getting ready for the next phase of our European and international expansion plan.”
Following the acquisitions of Christian Salvesen in 2007 and TDG in 2011, the UK now represents around a third of Norbert Dentressangle’s Group turnover, second only to France and employing more than 12,800 people across Britain.