TechnipFMC Gets AMF Green Light
- Business & Finance
TechnipFMC has secured Autorité des Marchés Financiers (AMF) approval of its prospectus for listing its shares on Euronext Paris.
The prospectus was prepared as part of the admission to trading on Euronext Paris of all the ordinary shares of TechnipFMC that will be issued in connection with the completion of the combination between FMC Technologies and Technip.
The AMF visa on the prospectus was the last remaining regulatory approval required in connection with the closing of the combination.
The combination should be completed after the close of business on January 16, 2017, which is the last day on which Technip shares will be traded on Euronext Paris. The last day of trading of the FMC Technologies shares on the NYSE will be January 13, 2017, given that January 16 is a federal holiday in the United States.
The TechnipFMC ordinary shares will be listed under ticker “FTI” on January 17, 2017, starting from the opening of the respective trading sessions on Euronext Paris.