Euronext Capital Requirements Lifted by District Court of Rotterdam
Regualtory News:
Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX):
Today, the District Court of Rotterdam, The Netherlands, rendered its verdict1 in the appeal procedure between Euronext N.V. and Euronext Amsterdam N.V. against the Dutch Minister of Finance, substantially ruling in favour of Euronext.
The court has ruled that the new capital requirements imposed in the June 2014 license no longer apply and that the applicable license is the one of March 2014.2
Pursuant to this verdict, Euronext will maintain its dialogue with the Minister of Finance with a view to continue complying with all applicable requirements in the most transparent manner in order to best serve its clients.
Trading on Euronext shares will resume shortly.
Notes to Editors
1 The full verdict can be found in Dutch in the cours of the afternoon here.
2 Additional information can be found on page 89 -90 of the IPO prospectus here.
About Euronext
Euronext is the primary exchange in the Euro zone with more than 1 300 issuers worth €2.8 trillion in market capitalisation, an unmatched blue-chip franchise consisting of 25 issuers in the EURO STOXX 50® benchmark and a strong, diverse domestic and international client base.
Euronext operates regulated and transparent equity and derivatives markets. Its total product offering includes Equities, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. Euronext operates regulated markets, Alternext and the Free Market; in addition it offers EnterNext, which facilitates SMEs’ access to capital markets.
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Euronext
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