Ferguson plc is today hosting a Virtual Investor Day via www.fergusoninvestorday.com commencing at 0900hrs EST / 1400hrs GMT for analysts and investors. The event, hosted by Kevin Murphy, Group Chief Executive and Bill Brundage, Group Chief Financial Officer will provide a deeper understanding of Ferguson, a leading value-added distributor in North America, its core strengths and future growth opportunities including:
i) Leading positions in large, growing and fragmented markets
ii) Scale delivers sustainable market outperformance
iii) Additional growth from bolt-on acquisitions
iv) Long term track record of outperformance and cash generation
In addition, Ferguson will set out its medium-term outlook.
After the presentation there will be a live question and answer session with the following dial in details:
United States: +1 646 968 0527
United Kingdom: +44 (0)203 695 9549
Participant access code: 175232
The event is being held virtually and we recommend you register 15 minutes before the start time to ensure your set up works. A slide presentation that accompanies the event will be available 15 minutes prior to the start time at www.fergusonplc.com/en/investors-and-media/results-and-reports.html. A recording of the webcast and other related materials will be available for 12 months after the event at www.fergusonplc.com/en/investors-and-media/virtual-investor-day-2022.html.
Expected date for US primary listing vote
On or about March 10 this year Ferguson expects to hold a shareholder vote to enable a primary US listing in line with the previously announced timeline. Further details are expected to follow in early February 2022 in the official Circular and Notice of Meeting. For background information, please see the below “Notes to editors” section of this announcement.
For further information please contact
|Brian Lantz, Vice President IR and Communications||Mobile: +1 224 285 2410|
|Pete Kennedy, Director of Investor Relations||Mobile: +1 757 603 0111|
|Mike Ward, Head of Corporate Communications||Mobile: +44 (0) 7894 417060|
|Nina Coad, David Litterick (Brunswick)||Tel: +44 (0) 20 7404 5959|
|Jonathan Doorley (Brunswick)||Tel: +1 (917) 459 0419|
Notes to editors
Ferguson’s operations are now 100 per cent focused on North America and the Board continues to believe the US is the natural long-term listing location for the Company. As previously announced, after extensive shareholder consultation, the Company set out a two-step process to achieve an orderly and equitable path to achieving this aim. The first step has been achieved, with the additional US listing of ordinary shares becoming effective on the New York Stock Exchange on March 8, 2021, having been supported by over 99% of shareholders. In line with the timeline previously set out on the second step, Ferguson expects to put forward a vote on a primary US listing on or about March 10, 2022. Further details are expected to follow in early February 2022 in the official Circular and Notice of Meeting.