Drone Volt s’introduit sur Alternext

Back

Market capitalisation €22 million

Paris – 13 January 2016– EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for small and medium-sized companies (SMEs), today celebrated the listing of Drone Volt, the French leader in drones for professional use, on Alternext in Paris.

Drone Volt was founded in 2011 and specialises in the production, integration and sale of drones used by professionals, designing and developing comprehensive solutions to meet challenges in sectors as wide-ranging as media and film, security, surveillance and topography. The company operates in France, Canada and Denmark.

Drone Volt (ticker symbol: ALDRV) was listed on on December 31, 2015 through the admission to trading on Alternext Paris of the 1,231,438 common shares (before a 10 for 1 split on January 12) and 1,117,000 equity warrants (DRVBS) making up its equity, following the company’s transfer from the Free Market (Marché Libre).

Market capitalisation on the day of listing was €22 million.

Dimitri Batsis, Chairman of Drone Volt, said: “We want to thank Euronext and the teams at EnterNext for their welcome as we list on Alternext Paris. Listing confirms both our progress and our commitment to attracting new investors as we pursue this exciting entrepreneurial journey, while giving Drone Volt the resources we need to remain at the cutting edge in civilian drones for professional uses—a sector that faces a bright future.

Eric Forest, Chairman and CEO of EnterNext, added:  “We are delighted with Drone Volt’s flawess landing on our markets. This listing reflects investors’ growing interest in fast-growing SMEs in Europe. EnterNext wants to promote top-peforming businesses from the French economy’s centres of excellence, and we are happy to welcome a new player in the rapidly expanding market for professional drones. As an innovative company, Drone Volt will benefit from our special services for tech companies, and we are certain that this new stage in its development will help accelerate the very strong momentum already under way.”

About Drone Volt
Founded in 2011, Drone Volt operates in France, Canada and Denmark, specialising in the design and marketing of civilian drones for professional applications. A global partner, this young company offers its clients business solutions that include customised services and pilot training. It reported revenue of €3.5 million in 2015 (+105%) and is a leader in audiovisual-use drones. It also supplies government and industry with aerial photos. Drone Volt’s customers include Cern, France Televisions, France’s Gendarmerie des Transports Aériens (GTA), SPIE, TF1, the Tour de France and Freeway Prod. The company has been awarded Bpifrance’s “Innovative Company” label, and is listed on Alternext Paris:
Shares: ticker code: ALDRV and ISIN code: FR0013088606 - Eligible: PEA, PEA-PME
Equity warrants (BSA): ticker code: DRVBS and ISIN code: FR001286054
More information at: www.dronevolt.com

 

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 more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, 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.