NYSE Euronext accueille CBo Territoria sur son marché européen

CBo Territoria, a key property developer on Reunion Island, today celebrated its listing on NYSE Euronext in Paris.

Founded in 2004, CBo Territoria has acquired a unique range of comprehensive expertise in land development, construction and property management. Today it owns nearly 3200 hectares (11 sq miles) of land, of which 180 are zoned for building and/or are already being developed, on Reunion Island, a French overseas département in the Indian Ocean. The company is a leading player in the island’s urban planning and development, with projects addressing the need for housing in both the private and public sectors, as well as business premises, from offices and retail outlets to light industry. CBo Territoria has 50 employees with complementary expertise in development, contracting, property management and finance.

CBo Territoria transferred from NYSE Alternext to the regulated market of NYSE Euronext (ticker code: CBOT) through the admission to trading of the 32,010,325 shares making up its capital. Market capitalisation based on the opening price on the first day of trading was around €80 million.

“We welcome CBo Territoria to NYSE Euronext in Paris and are delighted to be a part of this new stage in its development,” said Marc Lefèvre, Head of European Coverage at NYSE Euronext. “Transferring to the regulated market of NYSE Euronext puts it in the running alongside its peers in the property business, enhances its credibility and thus consolidates its control of the value chain in the property sector.”

Eric Wuillai, Chairman and CEO of CBo Territoria, added: “Our listing on NYSE Euronext in Paris is a key step in our development, bringing much greater visibility and access to a new investor profile.”

About CBo Territoria
CBo Territoria owns around 3,200 hectares (11 square miles) of premium land and is a key player in property development on Reunion Island, a French overseas département with strong demographic growth. Committed to sustainable development, CBo Territoria holds leading positions in its three specialties:
- Property management and development projects;
- Property promotion and sale of lots for construction;
- Development and management of company-owned property assets.
www.cboterritoria.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.}