Theon International PLC lists on Euronext Amsterdam


  • Market capitalisation of €700 million
  • 4th listing on Euronext markets in 2024 YTD
  • 1st Initial Public Offering on Euronext markets in 2024 YTD



Amsterdam – 7 February 2024 – Euronext today congratulates THEON INTERNATIONAL PLC, the leading developer of customisable night vision and thermal imaging systems, on its listing on Euronext Amsterdam (ticker code: THEON). It is thus the fourth listing and first Initial Public Offering on Euronext markets in 2024 (YTD).

THEON designs and manufactures cutting-edge night vision and thermal imaging devices across both man-portable and platform-based systems. Its solutions allow the visualisation of images in low light or obscure conditions for defence and security applications. The company, founded in 1997, has its headquarters and main production facilities in Greece and has become one of the most relevant players in the industry, with a global footprint.

The listing on the Euronext Amsterdam market allows THEON to further accelerate growth and its future business development. The price of THEON’s shares was set at €10 per share. Market capitalisation was €700 million on the day of listing.

Christian Hadjiminas, CEO of THEON, said: “The listing and the private placement enable us to raise equity capital, but also gives the flexibility to pursue our long-term growth ambitions through actively exploring bolt-on M&A opportunities to further strengthen our business proposition to keep on serving our global customer basis in the best way possible.




Caption: Christian Hadjiminas, CEO of THEON INTERNATIONAL PLC, and his team sounded the Gong during a ceremony this morning, in the presence of Simone Huis in ‘t Veld (CEO Euronext Amsterdam) and René van Vlerken (Head of Listings Euronext Amsterdam), to celebrate the IPO of the company.




Marianne Aalders

+31 20 721 41 33




THEON INTERNATIONAL PLC is the parent company of THEON international group, a leading manufacturer of Night Vision and Thermal Imaging systems for defense and security applications with a global footprint. THEON Group started its operations in 1997 from Greece, playing a leading role in the industry. THEON Group has subsidiaries and offices in Athens, Kempen (Germany), Arlington (USA), Abu Dhabi (UAE), Dubai (UAE), Zug (Switzerland), Copenhagen (Denmark) and Singapore, and has operations in Riyadh (Saudi Arabia), together with production facilities in Athens and co-production facilities in Wetzlar (Germany) and Plymouth (USA). Through this network of companies, offices and facilities around the world, THEON Group has more than 150,000 systems in service with Armed and Special Forces in 68 countries around the world.



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 nearly 1,900 listed issuers and around €6.6 trillion in market capitalisation as of end December 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 ( and LinkedIn (

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

© 2024, Euronext N.V. - All rights reserved.