Application for the delisting of Alcatel-Lucent shares from Frankfurt Stock Exchange
Paris – Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it has submitted an application for the delisting of its ordinary shares from the Frankfurt Stock Exchange (FSE).
On December 11, 2008, the Board of Directors of Alcatel-Lucent decided to delist Alcatel-Lucent’s ordinary shares from the FSE.
This decision takes into account the small trading volumes, in recent years, of Alcatel-Lucent shares on the FSE compared to the total trading volumes of Alcatel-Lucent shares globally. The Board of Directors concluded that the costs of maintaining Alcatel-Lucent’s listing and registration in Germany are disproportionate to the benefits obtained by Alcatel-Lucent and its shareholders as a whole. The impact of the delisting from the FSE on local investors should be limited in light of investors’ access to other major stock exchanges such as Euronext Paris, the New York Stock Exchange (NYSE) and the London Stock Exchange, where Alcatel-Lucent is listed.
Subject to the FSE’s approval, the delisting should be completed by May 2009.
The delisting will not have any impact on business activities of Alcatel-Lucent in Germany.
Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the trusted partner of service providers, enterprises and governments worldwide, providing solutions that deliver voice, data and video communication services to end-users. A leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent leverages the unrivalled technical and scientific expertise of Bell Labs, one of the largest innovation powerhouses in the communications industry. With operations in more than 130 countries and the most experienced global services organization in the industry, Alcatel-Lucent is a local partner with a global reach. Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com
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