Marconi Makes Nasdaq Debut

Will trade under the ticker "MONI"

October 17, 2000

1 Min Read

PITTSBURGH -- Marconi (Nasdaq: MONI; London), a global provider of advanced communications solutions, is pleased to announce the listing of its shares today on the Nasdaq Stock Market. The shares, in the form of American Depositary Receipts (ADRs), will trade under the ticker "MONI," with each ADR representing two ordinary shares. From today, Marconi's ticker on the London Stock Exchange has also changed to MONI.

Commenting on the listing, George Simpson, chief executive of Marconi, said, "Today's listing on Nasdaq is an important milestone for Marconi's employees, customers and investors. Marconi's US operations already contribute over 40% of group revenues and are central to our ambitions. Today's listing simply underlines our commitment to the U.S. market and the great opportunity it represents."

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