Aroundtown Property Holdings PLC s’introduit sur Alternext Paris

Back

Market capitalisation €2.1bn

Paris – 8 October 2015– Euronext today welcomed the real-estate investment group Aroundtown Property Holdings for its listing on Alternext Paris.

Aroundtown Property Holdings specializes in income-generating properties with a special emphasis on repositioning and turnaround operations/activities focusing on market segments offering sound fundamentals and scope for strong growth. These include residential, commercial and hotel properties primarily in Germany. Aroundtown’s main holdings includes a €1.3 billion commercial portfolio, the publicly listed companies Grand City (FRA:GYC)and Primecity (PAR: ALPCI).

Aroundtown Property Holdings (ticker symbol: ALATP) was admitted to trading on Alternext Paris through the listing of 600,141,641common shares following its transfer from the Free Market. At listing, Aroundtown was valued at €2.1 billion. The company’s free float stands currently at 25%.

Albert Ganyushin, Head of International Listings at Euronext, said: “We are delighted to welcome Aroundtown Property Holdings to Alternext, Euronext’s exchange-regulated market. Aroundtown is a leading property company operating primarily in Germany and is a great addition to the growing community of international issuers listed on Euronext, Europe’s leading stock exchange. This listing will further raise the group’s visibility in the European capital markets and will offer greater access to a large and diverse pool of investors, enabling the company to accelerate the deployment of its strategy. We look forward to a long-lasting partnership with Aroundtown.”

Andrew Wallis, Vice Chairman of the Advisory Board of Aroundtown Property Holdings, added: “Euronext proved in many instances to be a valuable partner and an ideal trading platform which benefits our diverse international investor base. We are very pleased about this next step which fits to the Company`s strategy to list on a continuous trading platform. And thus we are certain that this step will create more trading liquidity.”

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.