Fashion retailer to celebrate listing on Toronto Stock Exchange with market closing ceremony from its Vancouver headquarters today
TORONTO and VANCOUVER, Oct. 3, 2016 /CNW/ - Toronto Stock Exchange (TSX) today welcomes Aritzia Inc. (Aritzia) to Canada's leading equities exchange. The Vancouver-based clothing retailer began trading on TSX this morning under the symbolTSX:ATZ.
"Aritzia is a dynamic success story here in Canada and across North America and we are extremely honoured that they have chosen to list on Toronto Stock Exchange to help facilitate their next stage of growth," said Ungad Chadda, President, Capital Formation, Equity Capital Markets, TMX Group. "We continuously strive to improve the value proposition of a listing on TMX's equities exchanges and to support Canadian business development around the globe. We are committed to ensuring our markets remain this country's premier listings destinations for companies of all sizes to raise capital and fuel their continued success."
Founded by Mr. Hill in 1984, Aritzia is a rapidly growing innovative design house and fashion retailer of exclusive brands. It is well known and deeply loved by its customers in Canada with growing customer awareness and affinity in the U.S. and outside of North America. There are currently 75 retail stores and eCommerce business, aritzia.com.
To celebrate the listing, Brian Hill, Founder & CEO, Aritzia, and Jennifer Wong, President & COO, Aritzia, will join Mr. Chadda to close the market today at 4:00 p.m. ET (1:00 p.m. PT) at Aritzia's headquarters in Vancouver.
TSX and TSX Venture Exchange are home to 30 Canadian retail companies with a combined market capitalization of $131 billion, as of August 31, 2016.
For Market Closings: Media may pick up a feed from the TOC (television operations centre) for all market close ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market close ceremony at approximately 3:57 p.m. ET/12:57 p.m. PT and the markets will close with the sound of a siren (the traditional market close on Toronto Stock Exchange) at 4:00 p.m. ET/1:00 p.m. PT.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
Aritzia is a rapidly growing innovative design house and fashion retailer of exclusive brands. Aritzia designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. Aritzia's expansive and diverse range of women's fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements for women aged 15 to 45. Aritzia is well known and deeply loved by its customers in Canada with growing customer awareness and affinity in the United States and outside of North America. Aritzia aims to delight its customers through an aspirational shopping experience and exceptional customer service that extends across its 75 retail stores and eCommerce business, aritzia.com.
This news release is not, and should not be construed as, an invitation to purchase securities listed on TSX. TMX Group and its affiliates do not endorse or recommend any of the referenced securities nor should any statement in this news release be construed as advice regarding a broad investment strategy. Listing on TSX does not guarantee the future performance of a security. Please seek professional advice to evaluate specific securities.
SOURCE Toronto Stock Exchange
For further information: Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814 8834, [email protected]