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Coca-Cola Enterprises, Inc. to Seek Secondary Listing On NYSE Euronext in Paris

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  Published in House and Home on Monday, March 14th 2011 at 3:20 GMT by Market Wire
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ATLANTA--([ BUSINESS WIRE ])--Coca-Cola Enterprises (NYSE:CCE) today announced that the company will seek a secondary listing of its ordinary shares on the Professional Segment of NYSE Euronext in Paris.

"Coca-Cola Enterprises is committed to our operations in Western Europe, and this secondary listing will provide European investors the opportunity to more easily benefit from our long-term growth plans"

The decision for CCE to list in Paris follows the Companya™s sale of its North American business to The Coca-Cola Company and its acquisition of The Coca-Cola Companya™s bottling operations in Norway and Sweden in the fourth quarter 2010. As the pre-eminent Western European bottler of Coca-Cola products, CCE employs 13,500 employees across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The company distributes a wide range of beverages, including regular, no- and low-calorie sparkling, energy and sports drinks; waters; juices and juice drinks; coffees; and teas.

aCoca-Cola Enterprises is committed to our operations in Western Europe, and this secondary listing will provide European investors the opportunity to more easily benefit from our long-term growth plans,a said John F. Brock, chairman and chief executive officer. aOur solid track record of success is built on our commitment to deliver world-class brands and superior customer service to capture the growth opportunities in Europe.a

The Companya™s secondary listing will complement its primary listing on the NYSE. As a European-focused business headquartered in the United States and listed on the NYSE, CCE can easily and efficiently obtain a secondary listing on the NYSE Euronext in Paris through its Fast Path program. The listing is expected to gain regulatory approval in mid- to late-second quarter 2011, at which time shares will begin trading under the stock symbol aCCE.a The listing will not alter CCEa™s share count, capital structure or current stock listing on the NYSE.

Upon receipt of regulatory approval, CCE will publish a prospectus in connection with the secondary listing, which will be posted on the Companya™s website.

Coca-Cola Enterprises, Inc. is the leading Western European marketer, distributor, and producer of bottle and can liquid nonalcoholic refreshment and the worlda™s third largest independent Coca-Cola bottler. CCE is the sole licensed operator for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. For more information about our company, please visit our website at [ www.cokecce.com ].