EnterNext félicite McPhy Energy pour le succès de son introduction en Bourse


Paris 25 March 2014 – EnterNext, the Euronext subsidary designed to promote and grow its market for SMEs, today congratulated McPhy Energy — a specialist in hydrogen-based solutions for energy storage and industrial applications — on its successful listing in compartment C of Euronext’s regulated market in Paris.

McPhy Energy was founded in 2008 at La Motte-Fanjas in southeastern France. Drawing on its exclusive technology for storing hydrogen in solid form, the company designs and manufactures storage and production equipment. Its eco-friendly solutions combine unique safety features, flexibility, energy independence and easy of use. They target users in the mobility, industry and renewable energy sectors, where McPhy Energy has over 1,000 clients.

McPhy Energy (ticker symbol: MCPHY) was listed through the admission to trading of 5,181,091 existing shares making up the company’s equity, of which 3,880,215 were sold under a Global Offering[1], including exercise in full of the extension clause and the over-allotment option.

The IPO was a resounding success with French and international investors, both institutional and individual. Total demand was €207.3 million, including a €179.8 million Global Placement and a €27.5 million Open Price Public Offering.

The admission and issue price of McPhy Energy shares was set at €8.25 per share i.e. at the high end of the IPO price range. The company’s market capitalisation stands at around €75 million, and a total €32 million was raised altogether.

“We are delighted to enter into a long-term partnership with McPhy Energy,” said Eric Forest, Chairman and CEO of EnterNext.“The company’s IPO will raise its profile and enable it to attract more clients, partners and staff.”

Pascal Mauberger, Chairman of McPhy Energy’s Management Board, said, “We are very happy with the success of our IPO. Thanks to the trust of our former and new shareholders, McPhy Energy now has the resources to accelerate its strategic development plan and play a decisive role in the worldwide energy transition.

[1]The Global Offering was made up of a Public Offering that included an Open Price Public Offering and a Global Placement with institutional investors in France and other countries.

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