€6 million raised; market capitalisation €14.4 million
Paris – 18 July 2019 – Euronext today welcomed Groupe TERA, a leading provider of air quality analysis, measurement and evaluation solutions, to its Euronext Growth market. A leader in the fight against air pollution, TERA is the 47th CleanTech company listed in Paris.
Founded in 2001, Groupe TERA has established itself in the forefront of air pollutant analysis, leveraging its leading status in the semiconductor industry. In the particularly demanding high-tech sector, Groupe TERA quickly gained a competitive edge in cleanroom solutions that address a key issue facing semiconductor manufacturers: the growing risk of airborne molecular contamination as components become smaller and smaller. Few companies have this level of expertise, and its proficiency in this area has earned Groupe TERA unique recognition, both from the market and from leading air quality agencies in France and abroad, and has enabled it to gradually expand its business into laboratory analyses of environmental, health and safety variables.
Groupe TERA has a strong and active commitment to R&D, which has led to the roll-out of two new synergistic methods for monitoring air quality in real time: proprietary sensors and a digital system including a mobile app to reduce exposure to air pollution. This enables the company to provide a 360° solution covering the entire value chain.
Groupe TERA (ticker code: ALGTR) was listed on Euronext Growth after the admission to trading on 18 July 2019 of 3,311,394 shares making up its share capital, including 1,379,310 new shares issued as part of a Global Offering.
The admission and issue price was set at €4.35 per share. Market capitalisation was around €14.4 million on the day of listing, and the operation raised a total of €6 million.
At the listing ceremony, Pascal Kaluzny, Chairman and CEO of the company, said: “This listing represents an important step for Groupe TERA. It testifies to the quality of our technology and the soundness of our growth prospects, which are driven by our unique positioning along the entire value chain for monitoring air quality. We will be using the funds we’ve raised to accelerate our deployment plan, in which our latest-generation sensors figure prominently. I would like to thank our staff and our new shareholders, who share our ambition to reduce citizens’ exposure to pollution.”
 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.