Global safety and security company, a constituent of the S&P 500®,
celebrates one week anniversary as a standalone public company
DUBLIN--(BUSINESS WIRE)--
Allegion PLC (NYSE: ALLE), a leading global provider of security
products and solutions, rang The Opening Bell™ at the New York Stock
Exchange today. Allegion began trading on the public equity markets on
Dec. 2, following the spinoff from Ingersoll Rand.
CEO, President and Chairman
Dave Petratis
and members of Allegion's executive leadership team rang the Opening Bell® at the New York Stock Exchange (NYSE) in New York City today to celebrate one week as a standalone public company. (Photo: Business Wire)
Allegion CEO, President and Chairman
Dave Petratis
was joined by his
executive leadership team on the podium for the ceremony. Additional
members of the company's management, employees and guests were also
present for the celebration.
"Becoming a standalone company is a pivotal moment in Allegion's
history," said Petratis. "We have been pioneers in developing products
that help keep people safe and secure around the world for centuries. We
look forward to continuing that legacy as a publicly-traded company
while we expand our core capabilities beyond the doorway to include more
fully integrated security solutions."
Allegion provides mechanical and electronic security products and
solutions for homes and businesses in more than 120 countries. It sells
products under 23 global brands including CISA®, Interflex®, LCN®,
Schlage® and Von Duprin®. Allegion specializes in security around the
doorway and beyond — from residential and commercial locks, door closers
and panic release bars, to access control systems and workforce
productivity systems.
The Opening Bell Ceremony took place at 9:30 a.m. EST, and a replay can
be viewed on the NYSE's website at https://nyse.nyx.com/the-bell.
This news release includes "forward-looking statements," which are
statements that are not historical facts, including statements that
relate to our business and growth strategy.
These forward-looking statements are based on our current expectations
and are subject to risks and uncertainties, which may cause actual
results to differ materially from our current expectations. Such factors
include, but are not limited to, our ability to fully realize the
expected benefits of the spinoff; global economic conditions, demand for
our products and services and tax law changes. Additional factors that
could cause such differences can be found in our Form 10. We assume no
obligation to update these forward-looking statements.
About Allegion
Allegion (NYSE: ALLE) helps keep people safe where they live, work and
visit. Allegion is pioneering safety as a provider of security solutions
for homes and businesses through 23 global brands. Allegion specializes
in security around the doorway and beyond: everything from residential
and commercial locks, door closers and exit devices, steel doors and
frames, to access control and workforce productivity systems. Allegion,
a constituent of the S&P 500®, is a $2 billion business
employing more than 7,600 people and offering products in more than 120
countries across the world.
Allegion's portfolio includes strategic brands CISA®, Interflex®, LCN®,
Schlage® and Von Duprin®; and other brands including aptiQ®, Briton™,
Bricard®, Dalco™, Dexter by Schlage®, Falcon®, Fusion Hardware Group™,
Glynn-Johnson®, ITO Kilit™, Ives®, Kryptonite®, Legge®, Martin Roberts™,
Normbau™, Randi™, Steelcraft®, XceedID®.
For more, visit allegion.com
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20131209006028/en/
Allegion PLC
Media:
Susana Duarte de Suarez
, 317-810-3393
[email protected]
or
Analysts:
Tom
Martineau
, 317-810-3759
[email protected]
Source: Allegion PLC
News Provided by Acquire Media
