NEW YORK--(
BUSINESS WIRE
)--Shares of AdvancePierre Foods Holdings, Inc. (“AdvancePierre”), a
leading U.S. producer and distributor of sandwiches, sandwich components
and other entrées and snacks, began trading today on the New York Stock
Exchange (NYSE) under the ticker symbol “APFH.” GTS is the NYSE
Designated Market Maker (DMM) for the company’s shares.
To commemorate AdvancePierre’s debut as a public company, President and
CEO John Simons, accompanied by members of AdvancePierre’s leadership
team and Board of Directors, visited the company’s DMM on the NYSE
Trading Floor to observe the opening of trading in APFH stock. The team
will officially close the NYSE trading day by ringing The Closing Bell.
A selection of sandwiches, burgers and snacks from AdvancePierre’s
leading BIG AZ ®, Hot ‘n’ Ready ®, PB Jamwich ® and The Pub ® brands are
a part of the celebration, with AdvancePierre-uniformed “chefs” serving
up breakfast and lunch on the NYSE Trading Floor.
“Today’s celebration marks an exciting and important milestone for
AdvancePierre, and we are thrilled to make our public debut on the New
York Stock Exchange,” Simons said. “This is the beginning of a new and
important chapter for AdvancePierre. We are incredibly proud of the
company that our talented leadership team and employees have helped
build, and we look forward to continuing to grow our business and
delight our customers with superior service and great-tasting,
innovative food solutions.”
“We’re delighted to welcome AdvancePierre Foods Holdings to the NYSE’s
community of esteemed companies,” said Tom Farley, NYSE Group President.
“We congratulate the AdvancePierre team on its IPO, and we are proud to
mark this exciting new chapter for the company and its shareholders.”
Also in attendance at the listing day celebrations were members of the
investment team from Oaktree Capital Group, LLC, a Los Angeles-based
investment firm and investment manager of AdvancePierre’s largest
stockholder. “AdvancePierre’s public listing is a great achievement for
the company and we are delighted to celebrate with the NYSE the initial
public offering of AdvancePierre’s common stock. We are very much
looking forward to continuing our collaboration with AdvancePierre going
forward,” said Matt Wilson, member of the AdvancePierre Board of
Directors and Managing Director and Co-Portfolio Manager at Oaktree.
The NYSE is home to many of the world's most iconic brands, technology
business leaders and emerging growth companies shaping today's global
economic landscape. For more information on listing on the New York
Stock Exchange, visit https://www.nyse.com/the-exchange.
About AdvancePierre Foods
AdvancePierre Foods Holdings, Inc. (NYSE: APFH), headquartered in
Cincinnati, Ohio, is a leading national producer and distributor of
value-added, convenient, ready-to-eat sandwiches, sandwich components
and other entrées and snacks to a wide variety of distribution outlets
including foodservice, retail and convenience store providers. With
revenues of $1.6 billion in 2015 and more than 4,000 employees, the
Company offers a broad line of products across all day parts including:
ready-to-eat sandwiches, such as breakfast sandwiches, peanut butter and
jelly sandwiches and hamburgers; sandwich components, such as fully
cooked hamburger and chicken patties, and Philly steaks; and other
entrées and snacks, such as country-fried steak, stuffed entrées,
chicken tenders and cinnamon dough bites. A fund managed by Oaktree
Capital Management, L.P., a Los Angeles-based investment firm, is the
majority shareholder of AdvancePierre Foods.
About NYSE Group
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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
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December 31, 2015, as filed with the SEC on February 4, 2016.
SOURCE: Intercontinental Exchange
ICE-EQ
Contacts
NYSE
Judy Shaw
+1 212 656 4290
judy.shaw@nyse.com