As TMP Worldwide has a powerful global footprint, particularly in Europe, I’m very excited about this development, said Jim Treacy, COO of TMP Worldwide. TMP Worldwide’s trading on Nasdaq Europe will enable broader trading of our shares, enable us to reach a larger investor population and increase liquidity and visibility of TMP Worldwide shares on a pan-European basis.
Nasdaq recently took a majority stake in Easdaq, the Belgium-based, pan-European stock exchange, which is now renamed Nasdaq Europe. TMP is one of the first of 37 companies to be added to trading on Nasdaq Europe, part of a strategy to create a more integrated and accessible environment for the trading of international securities in Europe.
On December 18, 2000, TMP Worldwide was added to the Nasdaq-100 Index(R). The index represents 100 of the largest non-financial companies listed on the National Market tier of The Nasdaq Stock Market and reflects Nasdaq’s largest companies across major industry groups, including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. TMP Worldwide’s shares are also included in the Nasdaq-100 Index Tracking Stock(SM) (Amex: QQQ) which are securities that represent ownership in the Nasdaq-100 Trust(SM). The Trust holds a portfolio of equity securities that compose the Nasdaq-100 Index and aims to provide investment results that generally correspond with its performance.
TMP began trading on Nasdaq in December 1996.
