Cleantech company Ekopak lists on Euronext Brussels

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€50 MILLION RAISED; MARKET CAPITALISATION OF €201 MILLION

Brussels 31 March 2021 – Euronext today congratulates Ekopak, an ESG-driven water solution company, on its listing in Compartment B of Euronext’s regulated market in Brussels (ticker code: EKOP). Ekopak joins a franchise of 94 cleantech companies listed on Euronext markets, representing a cumulated market capitalisation of approx. €69 billion (as end of Feb. 2021).

Ekopak is a Belgian ESG-driven water solution company that helps companies optimize their legacy water consumption and reduce costs by transforming off-grid water resources into cleaner water that can be used and re-used in industrial processes.

Ekopak was listed through the admission to trading of 14,351,428 shares. The admission and issue price of Ekopak’s shares was set at €14 per share. Market capitalisation was €201 million on the day of listing. The transaction raised approx. €50 million.

The proceeds of the transaction will be used to support the roll-out of Ekopak’s Water-as-a-Service (WaaS) business, support working capital requirements for its non-WaaS business and fund potential M&A opportunities as well as for general corporate purposes.

Pieter Loose, CEO of Ekopak, declared: “Our world needs a new mindset for the world’s water crisis. That’s why Ekopak wants to revalue water in an ecological and economical way. We offer solutions to minimize the extraction of process and drinking water, and maximize both purification and recycling. We believe that Ekopak will meet this future challenge, under the banner Reduce – Reuse – Recycle.”

Ekopak listing

Pieter Loose, CEO of Ekopak, rang the bell at Euronext Brussels to celebrate the company’s listing

About Ekopak

Ekopak is a Belgian company that recycles and revalues water. Our services create the certainty of an uninterrupted water supply for our customers. This is important both for process water used in production facilities, as well as for drinking water in private homes.

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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