Paris –16 June 2014 – EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs, today congratulated Reworld Media,an international media group that relays information over multiple channels, on its listing on Alternext in Paris.
Founded in 2012 by Pascal Chevalier and Gautier Normand, Reworld Media is an innovative multi-vector media business that promotes and grows proprietary media brands by linking traditional press vehicles to digital media — websites, newsletters, social media and mobile apps — and non-media vectors such as e-commerce. The group’s innovative concept goes beyond simple provision of data to focus on brand content and content commerce.
Reworld Media (ticker code: ALREW) was listed through the admission to direct trading of the 23.365.446shares making up its equity following a transfer from the Free Market.
Market capitalisation on the day of listing was around €32,7 million.
“We applaud Reworld Media’s transfer to Alternext, a market adapted to the financing and visibility needs of SMEs. As a ground-breaking media business, Reworld Media will benefit from access to a larger pool of investors as well as the assistance of EnterNext teams,” said Eric Forest, Chairman and CEO of EnterNext.
Pascal Chevalier, Chairman of Reworld Media added: “Listing on Alternext is an indisputable plus for our Group and will help drive our continued strong growth in France and abroad. We are delighted with the outcome. I would like to thank all our teams for their dedication and contribution to this success, and thank our shareholders, too, for their support.”
Small and medium-size companies