TechnipFMC Announces Approval of the European Prospectus Relating to the Listing of Technip Energies Shares on Euronext Paris
TechnipFMC plc (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) today announced that the Dutch Authority for the Financial Markets (Stichting Autoriteit Financiële Markten) has approved the prospectus relating to the admission to listing and trading of the shares of Technip Energies N.V. (“Technip Energies”) on the regulated market of Euronext Paris (the “European Prospectus”) in connection with its announced separation into two industry-leading, independent, publicly traded companies in the form of a share dividend to TechnipFMC shareholders of a 50.1% stake in Technip Energies.
Subject to satisfaction of customary conditions and receipt of regulatory approvals, Technip Energies will become an independent public company and its shares will commence trading on Euronext Paris at market open at 9:00 a.m. CET on February 16, 2021.
The technical reference price for the Technip Energies shares will be announced on February 15, 2021 through issuance of a notice by Euronext Paris S.A. after market close on Euronext Paris.
The European Prospectus is available on the websites of TechnipFMC (https://investors.technipfmc.com) and Technip Energies (www.technipenergies.com) and has been passported to the French Authority for the Financial Markets (Autorité des marchés financiers).
Important Information for Investors and Securityholders
TechnipFMC is a global leader in the energy industry; delivering projects, products, technologies and services. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our customers’ project economics.
Organized in three business segments — Subsea, Surface Technologies and Technip Energies — we are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our customers in developing their energy resources and in their positioning to meet the energy transition challenge.
Each of our approximately 36,000 employees is driven by a steady commitment to clients and a culture of project execution, purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
TechnipFMC utilizes its website www.TechnipFMC.com as a channel of distribution of material company information. To learn more about us and how we are enhancing the performance of the world’s energy industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.