Market Capitalization of €84.1 million
Paris – 17 December 2014 – Euronext today congratulated Methorios Capital, an Italian based independent financial services company, on its listing on the Alternext market in Paris(ticker code: ALMTH).
Methorios Capital S.p.A. is an Italian based independent financial services company providing corporate advisory, merchant banking, investment management and insurance brokerage services primarily to small and medium sized enterprises in Italy while also developing a European based investment management business offering investment services.
Methorios Capital was admitted to listing and trading on Alternext by direct listing of the existing 133,436,181 shares. The admission price of Methorios Capital shares was set at €0.63 per share. Market capitalisation was €84.1 million on the day of listing.
Fabio Palumbo, Chairman of Methorios Capital, said: “This listing is a strong opportunity for Methorios Capital due to the fact that it allows the company to increase its international visibility, the share liquidity and guarantee new capital raising opportunities to finance its growth.”
Albert Ganyushin, Head of International Listings at Euronext, added: “We are delighted to welcome Methorios Capital as it makes its debut on Alternext. Across our listing venues and markets, we see international companies turning to Euronext as Europe’s preeminent exchange. This listing demonstrates the attractiveness of public equity markets as a source of financing for international companies to help them achieve the next stage in their development. Our EnterNext initiative in particular is designed to promote capital markets to SMEs and help them achieve access to the capital markets.”