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Divestiture Dec 2013 · Ireland Verified

Ingersoll-Rand Completes Spin-off of Allegion

Ingersoll-Rand plc completed the previously announced separation of its commercial and residential security businesses by distributing shares of Allegion plc to its shareholders on a pro rata basis. This divestiture resulted in Allegion becoming an independent publicly traded company.

“On December 1, 2013 (the "Distribution Date"), Ingersoll-Rand plc (the "Company") completed the previously announced separation (the "Spin-off") of its commercial and residential security businesses by distributing the related ordinary shares of Allegion plc ("Allegion"), on a pro rata basis, to the Company's shareholders of record as of November 22, 2013 (the "Record Date").”

Entities

Ingersoll Rand · Parent Allegion plc · Subsidiary
Other Sentiment: Neutral

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