Premier jour de cotation pour Ordissimo sur Euronext Growth


€5.8 million raised; market capitalisation of around €13.3 million

Paris – 10 July 2018 – Euronext today welcomed “silver technology” pioneer Ordissimo to Euronext Growth in Paris.

Ordissimo designs, develops and markets technology solutions dedicated specifically to seniors. Its business is central to a high-potential market, with the senior population expected to grow by 20% in France by 2030. Ordissimo’s rapid success reflects its range of solutions combining simplicity, functionality, design and performance. The company boasts solid financial performances, having reported growth (revenues up 47% in 2017) coupled with profitability (16.5% EBITDA margin and 11.6% net margin for the last financial year). Ordissimo intends to develop its positions in the French market and internationally.

Ordissimo (ticker symbol: ALORD) was listed through the admission to trading on 10 July 2018 of 2,511,215 shares making up its share capital, including 1,089,015 new shares issued through a Global Offering [1], after the full exercise of the extension option.

The offering price was set at €5.28 per share. Market capitalisation on the day of listing was around €13.3 million and the operation raised €5.8 million.

At the listing ceremony, Ordissimo CEO and co-founder Alexandre Vielle said: “The resounding success of Ordissimo’s IPO is a source of huge pride for all our employees and for my partners, Christophe Berly and Brice Delmotte. Ordissimo is starting a new chapter in its development. We now have the financial resources to accelerate our drive to win new business and pursue our international expansion. I warmly thank all our new shareholders, institutional investors and individual investors, especially our community of “Ordissinauts”  who supported us, for their engagement and their confidence.”

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

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