Euronext lists Philips Lighting

Philips Lighting joins Euronext in largest IPO Europe year to date in 2016

Amsterdam and Eindhoven - 27 May 2016 – Philips Lighting (ticker symbol, LIGHT), a global leader in lighting, and Euronext announced today the start of trading of Philips Lighting on the Amsterdam market of Euronext. The listing follows the company’s successful Initial Public Offering (IPO). With a total offering value of € 750 million Philips Lighting is the largest IPO in Europe since the start of the year.

The company today celebrated its listing on Euronext Amsterdam by sounding the gong.

Eric Rondolat, CEO at Philips Lighting, said: “Today with the listing of Philips Lighting as a standalone company on Euronext Amsterdam, we begin a new chapter in a long history of innovation and global market leadership that started in Eindhoven 125 years ago. Our listing is a historic milestone and testimony to the hard work of our employees, who are supporting the expansion of our global market-leadership by helping to drive the transition to LED and connected lighting systems and services. We welcome our new shareholders and thank them for their trust in our company and strategy.”

Maurice van Tilburg, CEO at Euronext Amsterdam, said: “We are truly excited to welcome Philips Lighting, a strong and innovative brand with a rich heritage in lighting industry. The company has pioneered in many technological innovations and established an impressive track record in LED-based technology. Euronext Amsterdam is proud to facilitate Philips Lighting now and in their future innovative journey.”

_{About Philips Lighting

Philips Lighting (ticker symbol: LIGHT) is a global leader in lighting products, systems and services. Our understanding of how lighting positively affects people coupled with our deep technological know-how enable us to deliver digital lighting innovations that unlock new business value, deliver rich user experiences and help to improve lives. Serving professional and consumer markets, we sell more energy efficient LED lighting than any other company. We lead the industry in connected lighting systems and services, leveraging the Internet of Things to take light beyond illumination and transform homes, buildings and urban spaces. In 2015, we had sales of EUR 7.4 billion. News from Philips Lighting is located at www.lighting.philips.com/newsroom.}

Closing and settlement of the offering is expected to take place on Tuesday, 31 May 2016.

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About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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