- It is the 2nd company to list on this BME Market in 2021
- The company will have a value of 224.9 million euros on its market debut
The Board of Directors of the Market has approved the listing of ARTECHE, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by the Coordination and Admission Committee.
The company, which is the second company to list on BME Growth in 2021, is scheduled to start trading on 11 June 2021.
The Board of Directors of the company has set a reference value for each of its shares of 3.94 euros, which is the subscription price in the capital increase carried out by the company, giving the company a total value of 224.9 million euros.
The company’s ticker symbol will be “ART”. The company has been advised by Banco Santander and JB Capital as Joint Global Coordinators and Bookrunners. Norbolsa has been Co-Lead Manager. Norgestión is the Registered Advisor.
ARTECHE is a company that specialises in the design, manufacture and marketing of electrical equipment and solutions for the measurement, protection, monitoring, automation and control of power system networks. It operates in the areas of power generation, transport and distribution. Last October it made its debut on BME’s Fixed Income market, MARF, with a 50 million euro commercial paper programme.
The Informative Document on ARTECHE can be found on BME Growth’s website (https://www.bmegrowth.es/ing/Home.aspx) and contains all the relevant information on the company and its business
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BME Growth
