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OVHcloud lists on Euronext Paris


  • €400 million raised
  • Market capitalisation of €3.48 billion
  • French Tech Next40 company and 6th listing of a Large Cap on Euronext Paris in 2021
  • 50th listing on Euronext Paris in 2021

Paris – 15 October 2021 – Euronext today congratulates OVHcloud, the primary European provider of cloud services, on its listing on Compartment A of the regulated market in Paris (ticker code: OVH).

OVHcloud is the European leader of the cloud, operating more than 400,000 servers in 33 data centres on four continents and serving more than 1.6 million customers across 140 countries. The Group has relied for more than 20 years on a unique integrated model giving it complete control over its value chain: from the design of its servers to the construction and management of its data centres and the orchestration of its fibre-optic network. Driven by the challenges of data sovereignty, OVHcloud's ambition is to increase its organic revenue growth to around 25% per year by 2025. OVHcloud's Initial Public Offering (IPO) aims to consolidate the position of the group, which is already a pure-play European cloud champion, but also to pursue its strategy of a sustainable, open and trusted cloud, and to strengthen its position around the world, particularly in North America and Asia.

OVHcloud was listed through the admission to trading of the 188,532,716 shares making up its equity and of 21,621,621 new shares issued under a Global Offering[1], before the potential over-allotment option exercise.

The admission and issue price of OVHcloud shares was set at €18.5 per share. Market capitalisation was €3.48 billion on the day of listing. The offering raised €400 million altogether.

The Offering was a resounding success with international institutional and individual investors. The Global Placement was oversubscribed 1.82 times at the Offer price (€72.9 million .

Michel Paulin, CEO of OVHcloud, said: "The successful IPO of OVHcloud marks the beginning of a new development phase for our company. This operation provides us with additional resources to accelerate our growth and strengthen our position as a European champion and pure player in the cloud, while supporting our international expansion by reinforcing the relationships of trust that we maintain with our stakeholders. This important step is the logical extension of more than 20 years of virtuous and sustainable growth, made possible by the visionary leadership of Octave Klaba, the talent of our more than 2,400 employees and the combined strengths of our entire ecosystem. The confidence that our new financial partners have placed in us is both an honour and an engagement. We look forward to writing together this new chapter in the history of OVHcloud to further propel our open, trusted and sustainable cloud.”


Caption: Octave Klaba, President and Founder of OVHcloud, Michel Pauli, CEO, and their team rang the bell in presence of Delphine d’Amarzit, CEO Euronext Paris, during a ceremony this morning to celebrate the Initial Public Offering of the company.

About OVHcloud

OVHcloud is a global player and Europe’s leading cloud provider operating over 400,000 servers within 33 data centres across four continents. For 20 years, the Group has relied on an integrated model that provides complete control of its value chain: from the design of its servers, to the construction and management of its data centres, including the orchestration of its fibre-optic network. This unique approach allows it to independently cover all the uses of its 1.6 million customers in more than 140 countries. OVHcloud now offers latest generation solutions combining performance, price predictability and total sovereignty over their data to support their growth in complete freedom.


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

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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.  
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