NEUHAUSEN, Switzerland,
July 29, 2014 /PRNewswire/ -- Tyco
International Ltd. (NYSE: TYC) today announced that it has filed a
definitive proxy statement with the U.S. Securities and Exchange
Commission in connection with its previously announced proposal to
change the company's place of incorporation from Switzerland to Ireland. The company will
seek shareholder approval of the proposal, along with related
matters, at a special general meeting of shareholders scheduled for
September 9, 2014, at 3:00 p.m. Central European Time at its global
headquarters at Victor von Bruns-Strasse 21, Neuhausen am
Rheinfall, Switzerland.
Shareholders who wish to access the meeting will be able to do
so live via webcast in listen-only mode through the Investor
Relations section of Tyco's website at
http://investors.tyco.com.
ABOUT TYCO
Tyco (NYSE: TYC) is the world's largest pure-play fire
protection and security company. Tyco provides more than three
million customers around the globe with the latest fire protection
and security products and services. A company with $10+ billion in
annual revenue, Tyco has over 57,000 employees in more than 1,000
locations across 50 countries serving various end markets,
including commercial, institutional, governmental, retail,
industrial, energy, residential and small business. For more
information, visit www.tyco.com.
FORWARD-LOOKING STATEMENTS
This press release contains a number of forward-looking
statements. In many cases forward-looking statements are identified
by words, and variations of words, such as "anticipate",
"estimate", "believe", "commit", "confident", "continue", "could",
"intend", "may", "plan", "potential", "predict", "positioned",
"should", "will", "expect", "objective", "projection", "forecast",
"goal", "guidance", "outlook", "effort", "target", and other
similar words. However, the absence of these words does not mean
the statements are not forward-looking. Examples of
forward-looking statements include, but are not limited to,
revenue, operating income, earnings per share and other financial
projections, statements regarding the health and growth prospects
of the industries and end markets in which Tyco operates, the
leadership, resources, potential, priorities, and opportunities for
Tyco in the future, Tyco's credit profile, capital allocation
priorities and other capital market related activities, and
statements regarding Tyco's acquisition, divestiture, restructuring
and other productivity initiatives. The forward-looking statements
in this press release are based on current expectations and
assumptions that are subject to risks and uncertainties, many of
which are outside of our control, and could cause results to
materially differ from expectations. Such risks and uncertainties
include, but are not limited to: economic, business, competitive,
technological or regulatory factors that adversely impact Tyco or
the markets and industries in which it competes; unanticipated
expenses such as litigation or legal settlement expenses; tax law
changes; and industry specific events or conditions that may
adversely impact revenue or other financial projections. Actual
results could differ materially from anticipated results. Tyco is
under no obligation (and expressly disclaims any obligation) to
update its forward-looking statements. More detailed information
about these and other factors is set forth in Tyco's Annual Report
on Form 10-K for the fiscal year ended Sept.
27, 2013 and in subsequent filings with the Securities and
Exchange Commission.
ADDITIONAL INFORMATION
This communication does not constitute an offer to sell or
the solicitation of an offer to buy any securities or a
solicitation of a vote or proxy. In connection with the proposed
change in place of incorporation, Tyco International plc
("Tyco Ireland") has filed a
registration statement on Form S-4 (File No. 333-196049) with the
SEC. Such registration statement includes a proxy statement
of Tyco International Ltd. ("Tyco") that also constitutes a
prospectus of Tyco Ireland, and the
proxy statement/prospectus will be sent to Tyco shareholders.
In addition, each of Tyco and Tyco
Ireland may file additional documents with the SEC, which
will contain other relevant materials in connection with the
proposed change in place of incorporation. SHAREHOLDERS ARE
ADVISED TO READ THE PROXY STATEMENT/PROSPECTUS CAREFULLY, AS WELL
AS ANY OTHER MATERIALS WHEN THEY BECOME AVAILABLE, BECAUSE THEY
CONTAIN IMPORTANT INFORMATION ABOUT THE CHANGE IN PLACE OF
INCORPORATION, TYCO AND TYCO IRELAND. Shareholders may obtain
a free copy of the proxy statement/prospectus and other relevant
documents filed with the SEC from the SEC's website at www.sec.gov
or at Tyco's website at www.tyco.com. These
documents can also be obtained free of charge from Tyco upon
written request to Tyco Shareholder Services, Tyco International
Ltd., Victor von Bruns-Strasse 21, CH-8212, Neuhausen am Rheinfall,
Switzerland, Attention: Corporate
Secretary, Telephone: +41 52 633 02 44.
SOURCE Tyco