On Tuesday, March 12
, executives and guests of Vermilion Energy Inc. will visit the New York Stock Exchange (NYSE) to celebrate the company's listing. Vermilion Energy Inc. will begin trading on the NYSE that same day under the ticker symbol "VET." Vermilion Energy Inc. currently trades on the Toronto Stock Exchange.
To mark the occasion, President and CEO Lorenzo Donadeo, joined by members of Vermilion Energy management team, will ring the NYSE Opening Bell.
Vermilion Energy Inc. (NYSE: VET)
Vermilion is an oil-leveraged producer that adheres to a value creation strategy through the execution of full cycle exploration and production programs focused on the acquisition, exploration, development and optimization of producing properties in Western Canada, the broader European region and Australia. Vermilion's business model targets annual growth of approximately 5% together with providing reliable and growing dividends. Vermilion is targeting annual growth in production primarily through the exploitation of conventional resource plays in Western Canada, including Cardium light oil and liquids rich natural gas, the exploration and development of high impact natural gas opportunities in the Netherlands and through drilling and workover programs in France and Australia. Vermilion also holds an 18.5% working interest in the Corrib gas field in Ireland. In addition, Vermilion currently pays a monthly dividend of Canadian $0.20 per share, which provides a current yield of approximately 5%. Management and directors of Vermilion hold approximately 8% of the outstanding shares and are dedicated to consistently delivering superior rewards for all its stakeholders. Vermilion has an 18 year history of consistent strong returns and market outperformance. Vermilion trades on the Toronto Stock Exchange and, effective March 12, 2013, on the NYSE (both under the ticker symbol "VET"). (Source: Vermilion Energy Inc.)
Tuesday, March 12, 2013
NYSE Security Checkpoint/Tent at corner of Exchange Place and Broad Street
9:00 a.m. Media escorted into the building for bell ringing
9:30 a.m. The Opening Bell rings
Media interested in covering the bell ringing MUST contact Anthony Drizis at 212.656.2147
Photos available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285), Getty Images (646.613.4141), Bloomberg Photo (212.617.3420), European Press Agency (917.670.1323) and Insider Images. The Opening Bell (starting at 9:25 a.m.) feed is available via Encompass loop #4009. Media seeking footage via The Switch should contact NYSE Broadcast at 212.656.5483.
For photos and video of the bell ringing, connect with NYSE Euronext on Facebook (NYSE Euronext), Twitter (@NYSEEuronext)/Hashtag #NYSEBell and YouTube (nysetv1).