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FIX and REPLACE Garmin completes New York Stock Exchange listing transfer

By on December 6, 2021 0


NEW YORK–(COMMERCIAL THREAD) – The first paragraph of the press release should read: “… has completed its listing transfer and will begin trading tomorrow as a company listed on the NYSE.” ”(Instead of starting to negotiate today).

The updated version reads as follows:

GARMIN COMPLETES NEW YORK EXCHANGE LISTING TRANSFER

The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that Garmin Ltd. (NYSE: GRMN) has completed its listing transfer and will begin trading tomorrow as a listed company on the NYSE.

Garmin, which has revolutionized the aviation, automotive, fitness, marine and outdoor markets for over 30 years, will now be able to reap all the benefits of membership in the NYSE community.

These advantages include the Exchange’s single market model, which combines cutting-edge technology with accountability and human judgment. Membership also brings an unrivaled network of CEOs and CEOs, drawn from 2,400 of the world’s largest and most innovative companies, the unmatched brand visibility that comes from a stock exchange listing and services. core investor relations.

“Garmin is thrilled to join the NYSE alongside many of the world’s most established and trusted companies,” said Cliff Pemble, President and CEO of Garmin. “Garmin occupies a unique position both as a well-respected consumer brand and as a strong industrial player. We believe this move complements our strong brand and will deliver significant, long-term value to our shareholders. ”

“We are delighted to welcome Garmin as it transfers its listing to the NYSE,” said Stacey Cunningham, President of the NYSE Group. “We look forward to working with Garmin because it helps millions of active lifestyle customers pursue their passions. ”

Almost 300 companies have transferred their listings to the NYSE since 2000, representing more than $ 1,000 billion in current market value.

About the NYSE group

NYSE Group is a subsidiary of Intercontinental Exchange (NYSE: ICE), one of the world’s leading providers of data, technology and market infrastructure. The NYSE group’s stock exchanges – the New York Stock Exchange, NYSE American, NYSE Arca, NYSE Chicago, and NYSE National – trade more volume of U.S. stocks than any other exchange group. The NYSE is the world’s premier venue for raising capital. NYSE Arca Options and NYSE Amex Options are the major stock option exchanges. To learn more, visit nyse.com

About the intercontinental exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services in major asset classes that provide our clients with access to essential workflow tools that increase transparency and operational efficiency. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital, and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide insight, analysis and platforms that help our clients capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we’re transforming and digitizing the US residential mortgage process, from consumer engagement to loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunities.

Trademarks of ICE and / or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE, and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and / or its affiliates can be found here. The key information documents for certain products covered by the EU Retail and Insurance Investment Products Regulation can be accessed on the website of the relevant exchange under the heading ‘Key Information Documents (KIDS ) ”.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risk. and uncertainties. For a discussion of the additional risks and uncertainties, which could cause actual results to differ from those contained in forward-looking statements, see documents filed by the Securities and Exchange Commission (SEC) of ICE, including, but not limited to be limited to the risk factors in ICE’s annual report. Report on Form 10-K for the fiscal year ended December 31, 2020, as filed with the SEC on February 4, 2021.

ICE-CORP