On April 24th, 703,200 ordinary shares of Oxbridge NV were listed on the Free Market of Euronext Brussels.
A total of 50,000 new shares were subscribed, raising a total of EUR 250,000.
At the this first trading day, the share price closed at EUR 5.10, a 2% rise compared to the reference price of EUR 5, bringing the market capitalisation of the company at EUR 3.86 million.
With this new introduction, the Free Market of Euronext Brussels now lists 18 companies.
Oxbridge NV (www.oxbridge.be) handles the distribution of radio remote controls in Belgium, Luxemburg and the Netherlands. These remote controls are used for operating cranes, lifts and weighing systems used in the manufacturing industry. -Source: http://www.euronext.com
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