Philips provides update on its closing share price on Euronext Amsterdam on October 19, 2020
20 October 2020 - 5:35AM
Philips provides update on its closing share price on Euronext
Amsterdam on October 19, 2020
October 19, 2020
Amsterdam, the Netherlands – Royal Philips
(NYSE: PHG, AEX: PHIA) provided an update that it has been informed
by Euronext that they are experiencing a technical failure that
prevents Euronext Amsterdam to provide an accurate closing price
for Philips today.
Euronext informed the company that the closing share price for
Philips on Monday October 19, 2020, will be close to EUR 42.305,
which was the last recorded price in the regular trading hours of
Euronext Amsterdam.
Euronext is currently working to resolve the issue.
For further information, please contact:
Steve KlinkPhilips Global Press OfficeTel.: +31 6
10888824E-mail: steve.klink@philips.com
Leandro MazzoniPhilips Investor RelationsTel.: +31 20
5977222E-mail: leandro.mazzoni@philips.com
About Royal PhilipsRoyal Philips (NYSE: PHG,
AEX: PHIA) is a leading health technology company focused on
improving people's health and well-being, and enabling better
outcomes across the health continuum from healthy living and
prevention, to diagnosis, treatment and home care. Philips
leverages advanced technology and deep clinical and consumer
insights to deliver integrated solutions. Headquartered in the
Netherlands, the company is a leader in diagnostic imaging,
image-guided therapy, patient monitoring and health informatics, as
well as in consumer health and home care. Philips generated 2019
sales of EUR 19.5 billion and employs approximately 81,000
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter.
Forward-looking statements This release
contains certain forward-looking statements with respect to the
financial condition, results of operations and business of Philips
and certain of the plans and objectives of Philips with respect to
these items. Examples of forward-looking statements include
statements made about the strategy, estimates of sales growth,
future EBITA, future developments in Philips’ organic business and
the completion of acquisitions and divestments. By their nature,
these statements involve risk and uncertainty because they relate
to future events and circumstances and there are many factors that
could cause actual results and developments to differ materially
from those expressed or implied by these statements.
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