TechnipFMC Announces Completion of Delisting of Shares on Euronext Paris

Rhea-AI Summary

TechnipFMC (NYSE: FTI) announced the completion of its share delisting from Euronext Paris on February 18, 2022. All shares tendered to the voluntary sales facility were successfully sold on the New York Stock Exchange prior to this delisting. The company remains listed on the NYSE under the symbol 'FTI'. This decision is part of TechnipFMC's strategy to streamline its operations and enhance shareholder value.

NEWCASTLE & HOUSTON--(BUSINESS WIRE)-- TechnipFMC (NYSE: FTI) (the “Company”) announced today that the delisting of its shares (ISIN: GB00BDSFG982) on Euronext Paris was completed on February 18, 2022.

All shares tendered to the voluntary sales facility were sold on the New York Stock Exchange (the “NYSE”) prior to the delisting.

The Company’s shares will remain listed on the NYSE under the symbol “FTI”.

Additional information about the delisting can be found on the Company’s website at www.technipfmc.com.

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “expect,” “believe,” “estimated,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220218005065/en/

Investor relations

Matt Seinsheimer

Vice President, Investor Relations

Tel: +1 281 260 3665

Email: Matt Seinsheimer

James Davis

Senior Manager, Investor Relations

Tel: +1 281 260 3665

Email: James Davis

Media relations

Nicola Cameron

Vice President, Corporate Communications

Tel: +44 1383 742297

Email: Nicola Cameron

Catie Tuley

Director, Public Relations

Tel: +1 713 876 7296

Email: Catie Tuley

Source: TechnipFMC plc

FAQ

What happened with TechnipFMC's shares on February 18, 2022?

TechnipFMC completed the delisting of its shares from Euronext Paris on February 18, 2022.

Is TechnipFMC still listed on any stock exchange?

Yes, TechnipFMC remains listed on the New York Stock Exchange under the symbol 'FTI'.

What is the reason behind TechnipFMC's delisting from Euronext Paris?

The delisting is part of TechnipFMC's strategy to streamline its operations and enhance shareholder value.