2nd Jan 2008 12:00
Wolseley PLC02 January 2008 NEWS RELEASE2 January 2008 Wolseley plc Delisting from New York Stock Exchange and deregistration of US reporting obligations under the Securities Exchange Act of 1934 Further to the announcement made on 11 December 2007, " Wolseley to delist fromNew York Stock Exchange, deregister from the Securities Exchange Commission andmove from full listing to Level I ADR", Wolseley plc, the world's largestspecialist trade distributor of plumbing and heating products to professionalcontractors and a leading supplier of building materials, today announces thatfollowing the filing of a Form 25 with the SEC on 21 December 2007, thedelisting of American Depositary Receipts (ADRs) (each representing one ordinaryshare in Wolseley plc), from the New York Stock Exchange is now effective. As previously indicated, Wolseley intends to maintain its ADR facility as aLevel I programme, which means that Wolseley's ADRs will be traded on theover-the-counter market (OTC) in the United States under the symbol WOSLY.Wolseley's ordinary shares will continue to trade on the London Stock Exchange. Wolseley plc today filed a Form 15F with the US Securities and ExchangeCommission ('SEC') to terminate its registration under the US SecuritiesExchange Act of 1934. The deregistration will be effective 90 days after thefiling, unless the Form 15F is withdrawn by Wolseley or denied by the SEC. Wolseley will continue to publish its Annual Report and Accounts and otherdocuments and communications in accordance with Exchange Act Rule 12g3-2(b) onits website www.wolseley.com. --------------------------------------------------------------------------------ENQUIRIES:--------- Analysts/Investors: Guy Stainer +44 (0)118 929 8744Group Investor Relations Director +44 (0)7739 778187 John English +1 513 771 9000Vice President, Investor Relations, North America +1 513 328 4900 Media: Mark Fearon +44 (0)118 929 8787Director of Corporate Communications Brunswick +44 (0)20 7404 5959Andrew FenwickKate Miller Notes to Editors---------------- Wolseley plc is the world's largest specialist trade distributor of plumbing andheating products to professional contractors and a leading supplier of buildingmaterials in North America, the UK and Continental Europe. Group revenue for theyear ended 31 July 2007 was approximately £16.2 billion and operating profit,before amortisation and impairment of acquired intangibles, was £877 million.Wolseley has around 77,000 employees operating in 28 countries namely: UK, USA,France, Canada, Ireland, Italy, The Netherlands, Switzerland, Austria, CzechRepublic, Hungary, Belgium, Luxembourg, Denmark, Sweden, Finland, Norway, SlovakRepublic, Poland, Romania, Croatia, San Marino, Panama, Puerto Rico, Trinidad &Tobago, Mexico, Barbados and Greenland. Wolseley is listed on the London StockExchange (LSE: WOS) and is in the FTSE 100 index of listed companies. Certain information included in this release is forward-looking and involvesrisks and uncertainties that could cause actual results to differ materiallyfrom those expressed or implied by forward looking statements. Forward-lookingstatements include, without limitation, projections relating to results ofoperations and financial conditions and Wolseley's plans and objectives forfuture operations, including, without limitation, discussions of expected futurerevenues, financing plans and expected expenditures and divestments. Allforward-looking statements in this release are based upon information known toWolseley on the date of this report. Wolseley undertakes no obligation topublicly update or revise any forward-looking statement, whether as a result ofnew information, future events or otherwise. It is not reasonably possible to itemise all of the many factors and specificevents that could cause Wolseley's forward looking statements to be incorrect orthat could otherwise have a material adverse effect on the future operations orresults of an international Group such as Wolseley. Information on some factorswhich could result in material difference to the results is available inWolseley's SEC filings. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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