DUBLIN--(BUSINESS WIRE)--Allegion PLC (NYSE: ALLE), a leading global provider of security products and solutions, rang The Opening Bell™ at the New York Stock Exchange today. Allegion began trading on the public equity markets on Dec. 2, following the spinoff from Ingersoll Rand.
Allegion CEO, President and Chairman Dave Petratis was joined by his executive leadership team on the podium for the ceremony. Additional members of the company’s management, employees and guests were also present for the celebration.
“Becoming a standalone company is a pivotal moment in Allegion’s history,” said Petratis. “We have been pioneers in developing products that help keep people safe and secure around the world for centuries. We look forward to continuing that legacy as a publicly-traded company while we expand our core capabilities beyond the doorway to include more fully integrated security solutions.”
Allegion provides mechanical and electronic security products and solutions for homes and businesses in more than 120 countries. It sells products under 23 global brands including CISA®, Interflex®, LCN®, Schlage® and Von Duprin®. Allegion specializes in security around the doorway and beyond – from residential and commercial locks, door closers and panic release bars, to access control systems and workforce productivity systems.
The Opening Bell Ceremony took place at 9:30 a.m. EST, and a replay can be viewed on the NYSE's website at https://nyse.nyx.com/the-bell.
This news release includes “forward-looking statements,” which are statements that are not historical facts, including statements that relate to our business and growth strategy.
These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Such factors include, but are not limited to, our ability to fully realize the expected benefits of the spinoff; global economic conditions, demand for our products and services and tax law changes. Additional factors that could cause such differences can be found in our Form 10. We assume no obligation to update these forward-looking statements.
About Allegion
Allegion (NYSE: ALLE) helps keep people safe where they live, work and visit. Allegion is pioneering safety as a provider of security solutions for homes and businesses through 23 global brands. Allegion specializes in security around the doorway and beyond: everything from residential and commercial locks, door closers and exit devices, steel doors and frames, to access control and workforce productivity systems. Allegion, a constituent of the S&P 500®, is a $2 billion business employing more than 7,600 people and offering products in more than 120 countries across the world.
Allegion’s portfolio includes strategic brands CISA®, Interflex®, LCN®, Schlage® and Von Duprin®; and other brands including aptiQ®, Briton™, Bricard®, Dalco™, Dexter by Schlage®, Falcon®, Fusion Hardware Group™, Glynn-Johnson®, ITO Kilit™, Ives®, Kryptonite®, Legge®, Martin Roberts™, Normbau™, Randi™, Steelcraft®, XceedID®.
For more, visit allegion.com
