TechnipFMC Plc reaffirms the timeline for separation into two industry

  • Jan 17, 2020 GMT
  • Team Kalkine

TechnipFMC Plc (LON: 0RMV) has reaffirmed the timeline for separation into two industry.

  • The company has informed that its plan to split into two companies, TechnipFMC and Technip Energies, is going as per plan.
  • The company is expecting to finish the split of Technip Energies in the first half of 2020 (second quarter of 2020) and will be hosting a Capital Markets event before the final separation.
  • The audited IFRS financial statements for Technip Energies for each of the fiscal years ended December 31, 2016 till 2019 will be included in the E.U. Prospectus for the separation
  • On 17th January 2020, at the time of writing, GMT 08:32 AM, 0RMV shares were trading at EUR 18.19, up by 0.08 points or 0.43% against the previous day closing price.

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