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Placement of Euronext Ex-Right Shares in the Context of the Announced Rights Offer

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PLACEMENT OF EURONEXT EX-RIGHT SHARES IN THE CONTEXT OF THE ANNOUNCED RIGHTS OFFER

Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 30 April 2021 – Euronext has been informed of the successful completion of a placement of ex-right shares in Euronext by two of its main shareholders, Euroclear SA/NV and Société Fédérale de Participations et d’Investissement/Federale Participatie- en Investeringsmaatschappij (“SFPI-FPIM”). This transaction aims at financing their subscription to the Euronext rights offer (the “Rights Offer”) announced on 29 April 2021.

As indicated in the Rights Offer documentation, Euroclear and SFPI-FPIM intended to participate in the Rights Offer in a cash neutral transaction by selling part of their shares and/or rights in order to raise sufficient cash proceeds (less costs and expenses and any taxes arising on such sales) to cover the cost of taking up rights in the Rights Offer exclusively with the proceeds of the placement. Both have committed to Euronext to apply those net proceeds to subscribe and pay for offer shares in the Rights Offer by exercising rights granted to them.

After the settlement and delivery of the Rights Offer, Euroclear SA/NV and SFPI-FPIM are expected to own respectively 5.6% and 3.2% of the Euronext share capital and will continue to be part of the Reference Shareholder group, and remain committed to support the long-term growth strategy of Euronext.

In connection with the Rights Offer, Euroclear SA/NV and SFPI-FPIM have undertaken that, subject to certain exceptions, that they will not dispose of any Euronext shares for a period ending 90 days after the settlement of the Rights Offer.

Contacts

Investor Relations:
Aurélie Cohen – Chief Communications and Investor Relations Officer                +33 1 70 48 24 17
Clément Kubiak – Investor Relations Manager                                +33 1 70 48 24 33; ir@euronext.com  

Media:
Aurélie Cohen – Chief Communications and Investor Relations Officer +33 1 70 48 24 45; mediateam@euronext.com   

        

About Euronext

Euronext is the leading pan-European market infrastructure, connecting local 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 close to 1,900 listed issuers worth €5.6 trillion in market capitalisation as of end March 2021, 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. 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 Euronext Growth® and Euronext Access®, a number of junior markets, simplifying access to listing for SMEs. Euronext provides custody and settlement services through central securities depositories in Denmark, Italy, Norway and Portugal.
For the latest news, go to euronext.com or follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer

This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at:
www.euronext.com/terms-use
© 2021, Euronext N.V. – All rights reserved.

 

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