NEW YORK — Shares of AdvancePierre Foods Holdings, Inc. (“AdvancePierre”), a leading U.S. producer and distributor of sandwiches, sandwich components and other entrées and snacks, began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “APFH.” GTS is the NYSE Designated Market Maker (DMM) for the company’s shares.
To commemorate AdvancePierre’s debut as a public company, President and CEO John Simons, accompanied by members of AdvancePierre’s leadership team and Board of Directors, visited the company’s DMM on the NYSE Trading Floor to observe the opening of trading in APFH stock. The team will officially close the NYSE trading day by ringing The Closing Bell. A selection of sandwiches, burgers and snacks from AdvancePierre’s leading BIG AZ ®, Hot ‘n’ Ready ®, PB Jamwich ® and The Pub ® brands are a part of the celebration, with AdvancePierre-uniformed “chefs” serving up breakfast and lunch on the NYSE Trading Floor.
“Today’s celebration marks an exciting and important milestone for AdvancePierre, and we are thrilled to make our public debut on the New York Stock Exchange,” Simons said. “This is the beginning of a new and important chapter for AdvancePierre. We are incredibly proud of the company that our talented leadership team and employees have helped build, and we look forward to continuing to grow our business and delight our customers with superior service and great-tasting, innovative food solutions.”
“We’re delighted to welcome AdvancePierre Foods Holdings to the NYSE’s community of esteemed companies,” said Tom Farley, NYSE Group President. “We congratulate the AdvancePierre team on its IPO, and we are proud to mark this exciting new chapter for the company and its shareholders.”
Also in attendance at the listing day celebrations were members of the investment team from Oaktree Capital Group, LLC, a Los Angeles-based investment firm and investment manager of AdvancePierre’s largest stockholder. “AdvancePierre’s public listing is a great achievement for the company and we are delighted to celebrate with the NYSE the initial public offering of AdvancePierre’s common stock. We are very much looking forward to continuing our collaboration with AdvancePierre going forward,” said Matt Wilson, member of the AdvancePierre Board of Directors and Managing Director and Co-Portfolio Manager at Oaktree.
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About AdvancePierre Foods
AdvancePierre Foods Holdings, Inc. (NYSE: APFH), headquartered in Cincinnati, Ohio, is a leading national producer and distributor of value-added, convenient, ready-to-eat sandwiches, sandwich components and other entrées and snacks to a wide variety of distribution outlets including foodservice, retail and convenience store providers. With revenues of $1.6 billion in 2015 and more than 4,000 employees, the Company offers a broad line of products across all day parts including: ready-to-eat sandwiches, such as breakfast sandwiches, peanut butter and jelly sandwiches and hamburgers; sandwich components, such as fully cooked hamburger and chicken patties, and Philly steaks; and other entrées and snacks, such as country-fried steak, stuffed entrées, chicken tenders and cinnamon dough bites. A fund managed by Oaktree Capital Management, L.P., a Los Angeles-based investment firm, is the majority shareholder of AdvancePierre Foods.
About NYSE Group
NYSE Group is a subsidiary of Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses, and a provider of data and listings services. NYSE Group includes exchanges, market data and connectivity services. The equity exchanges — the New York Stock Exchange, NYSE MKT and NYSE Arca — trade more U.S. equity volume than any other exchange group. NYSE is the premier global venue for capital raising, leading worldwide in IPOs, including technology IPOs. NYSE Arca Options and NYSE Amex Options are leading equity options exchanges.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings and equities trading.
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Source: AdvancePierre Foods
