Ações dos CTT começam a negociar na Euronext após sucesso da privatização

Back

Lisbon - 5 December 2013– CTT – Correios de Portugal, S.A. (ticker symbol: CTT), the leading postal operator in Portugal, celebrates today its listing in Lisbon on Euronext N.V., a wholly owned subsidiary of IntercontinentalExchange Group, Inc. (NYSE: ICE). The IPO consists of a secondary sale of up to 70% of CTT’s ordinary shares currently held by the Portuguese State through Parpública, a holding that manages State participations.

The company is listing all its capital shares - 150 000 000, valuing CTT at €885 million at the listing date, with an openning price of €5.90. In the IPO, 105 000 000 shares were sold to institutional and retail investors at a price of €5.52. The demand to retail investors  was more than nine times the offer. The offering  comprised the sale of shares to institutional investors (80% of the offer), as well as to retail investors in Portugal (15%), and to CTT employees (up to 5%). Parpública will keep a minimum stake of 30%.  

"We are pleased to welcome CTT to the Portuguese Stock Exchange. This listing represents a new phase for the company and its stakeholders, but it is also an important indication of confidence in the country and in our capital market, which is particularly relevant in the current context”, said Luís Laginha de Sousa, Chairman and CEO of Euronext Lisbon. “We hope that other companies, thanks to  the example of CTT, consider  the capital markets as an alternative and important instrument for financing their activities and growth", he added.

"I am very  proud to be part of  this historic moment in the path of such a great company as CTT. We faced this challenge with enthusiasm and that feeling remains unchanged now that  we’ve finalized the process successfully and CTT shares will be listed on Euronext Lisbon”, said Francisco de Lacerda, Chairman and CEO of CTT."We’ve all worked, CTT, Government, Parpública and advisors with rigor, determination and professionalism, allowing  this  IPO to be a success.  I address my sincere congratulations to all and I thank the  investors who have shown their trust in this project”,he added.

To celebrate the listing Chairman and CEO of CTT, rang the closing bell yesterday, together with Ministry of the Economy, the Secretary of State of Finance, the Secretary of State of Infrastructures, Transport and Communications,  Chairman and CEO of Euronext Lisbon, Head of markets of Euronext Lisbon and the rest of the board of CTT.

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 (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
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.

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