Pegasus Acquisition Company Europe B.V lists on Euronext Amsterdam

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THIRD SPAC LISTING OF 2021 ON EURONEXT – MARKET CAPITALISATION OF €500 MILLION

Amsterdam – 29 April 2021 – Euronext today congratulates Pegasus Acquisition Company Europe B.V., the Special Purpose Acquisition Company (SPAC) focused on the European financial services industry, on its listing on Euronext Amsterdam (ticker code: PACE).

Pegasus Acquisition Company Europe intends to form a partnership with a financial services company that offers strong profit growth potential, either through consolidation or organic growth that could be accelerated via a listing, access to capital, and strategic guidance. The SPAC will target either unique digital models or companies that benefit from tailwinds in the three verticals of Investment Management, Insurance and Diversified Financials, leveraging on the recognised industry expertise, deal sourcing and execution capabilities of its four sponsors.

At opening, the share price was set at €10 per share. Pegasus Acquisition Company Europe has successfully raised approximately €500 million in its initial public offering. The newly listed SPAC is sponsored by Tikehau Capital, Financière Agache, Jean Pierre Mustier and Diego De Giorgi. The sponsors of Pegasus earlier confirmed their capital commitment in excess of €165 million to the project.

Diego De Giorgi and Jean Pierre Mustier, the Operating Partners, said: “Our successful listing and €500 million private placement gives Pegasus the opportunity to bring much needed growth capital to the European financial services sector. Euronext Amsterdam has provided the perfect platform to achieve this goal and we look forward to working with the Euronext team and our future business combination partner to achieve long-term success as a listed company.”

About Pegasus Acquisition Company Pegasus is a Special Purpose Acquisition Company founded by Tikehau Capital, Financière Agache and two of Europe’s most experienced bankers. Having successfully raised €500 million from high-quality international institutional investors and listed on Euronext Amsterdam, Pegasus is now targeting businesses in the European financial services industry with a primary focus on scalable platforms offering strong growth potential that could be accelerated with a listing, access to capital, and strategic guidance. Jean Pierre Mustier and Diego De Giorgi are Operating Partners and Sponsors, combining their unparalleled operational and deal making financial sector experience, as well as long-term managerial, risk and governance expertise. Institutional Sponsors, Tikehau Capital and Financière Agache, both bring extensive investment, due diligence, operational, regulatory and capital raising experience. Pegasus will select companies for a business combination not only on their business and financial prospects but also on their commitment to strong governance, sustainability and ESG principles.

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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, the Netherlands, Norway and Portugal. With close to 1,500 listed issuers worth €4.9 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 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®, simplifying access to listing for SMEs. Euronext provides custody and settlement services through central securities depositories in Denmark, Norway and Portugal.
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