NYSE Euronext accueille Constellium sur ses marchés américain et européen


New York, Paris27 May 2013 – NYSE Euronext (NYX) today announced that Constellium N.V. (ticker: CSTM), a global leader in innovative and high value-added aluminium products, celebrated its first days of trading and dual listing on its markets in Europe and the United States.

Constellium develops solutions for a broad scope of markets and applications, including aerospace, automotive, packaging and industry. With around 8,900 employees, Constellium generated €3.61 billion of revenue in 2012.

Constellium began trading on the New York Stock Exchange (NYSE) on 23 May 2013 and on the professional segment of NYSE Euronext in Paris today through a public offering in the United States. The listing raised a total of around €258 million/$333 million, of which the company will receive approximately $200 million before underwriters’ discounts and commissions and offering expenses.

The final offering price of Constellium was set at €11.61/$15 per share. Market capitalisation stood at around €1.2billion/$1.5 billionon the day of listing.

Pierre Vareille, Chief Executive Officer of Constellium, said: “This is a significant milestone in the life of Constellium that we believe will consolidate our company’s future development. Our dual listing reflects both our global positioning and our strong roots in Europe in general and France in particular.”

“We are delighted to begin a long-term relationship with Constellium and to work with the company as it enters a new stage in its development. Listing is a major step that will raise Constellium’s profile by giving it access to a platform offering exceptional visibility with investors around the world,” added Scott Cutler, Executive Vice President and Head of Global Listings at NYSE Euronext.

Marc Lefèvre, Head of European Business Development and Client Coverage, Listings Europe, at NYSE Euronext, commented: “We would like to extend a warm welcome to Constellium, which joins the long list of truly international companies already traded on NYSE Euronext’s professional segment in Paris. Listing underscores the energy driving Constellium, the company’s openness to the world, and its commitment to growth that serves its customers, partners and employees.”

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 more than 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2023, 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).

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.

© 2023, Euronext N.V. - All rights reserved.