Euronext Amsterdam welcomes Intertrust

Back

Amsterdam – 15 October 2015 – Shares in Intertrust N.V., a leading global provider of high-value trust and corporate services, today started trading on Euronext’s Amsterdam market, after its successful Initial Public Offering (IPO) at an issue price of € 15.50 per share. In total the proceeds of the IPO are approximately € 486 million. 

Intertrust (ticker symbol: INTER) provides high-end legal and financial administrative services to corporations, funds, financial institutions and private individuals in order to facilitate their foreign  investment and acquisitions through the incorporation, maintenance and liquidation of corporate, investment, finance and fund entities. The company offers a comprehensive range of specialised administrative services that ensure sound financial administration of companies and that enable its clients to comply with the applicable legal, tax and regulatory regimes. Intertrust currently operates in 26 countries across Europe, the Americas, Asia and the Middle-East.

Based on the first share price of € 15.50, the total market capitalization of the company was around € 1.3 billion.

David de Buck, Chief Executive Officer of Intertrust said: “We are delighted with our listing on Euronext Amsterdam this morning. Being a publicly listed company underscores our position as the market leader and employer of choice in our sector.  We also welcome the brand recognition that the IPO will bring Intertrust among business partners, clients and investors globally.

We congratulate Intertrust on their successful IPO and are happy to welcome them,” said Maurice van Tilburg, CEO of Euronext Amsterdam. “This substantial IPO illustrates once again the role that capital markets play in financing the real economy. With the addition of another leading company this listing underlines the attractiveness and strength of our markets.

The listing on Euronext provides broad visibility and direct access to a deep and diverse pool of investors,”added David de Swaan, Head of Listing at Euronext Amsterdam. “We are committed to support Intertrust in achieving its goals and wish it all the best as it joins the dynamic family of international companies already listed on our markets.”

Intertrust celebrated its listing by having CEO David de Buck sound the gong which denotes the opening of trading on Euronext.

Press Release Footer

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 close to 2,000 listed issuers and around €5.8 trillion in market capitalisation as of end June 2022, 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.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release 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 located at www.euronext.com/terms-use.

© 2022, Euronext N.V. - All rights reserved.