Today the listing of Nyrstar on the regulated market of Euronext Brussels, the largest on a Euronext market since January 2007, was a major success. The total number of shares allocated amounts to 100 million, raising a total of €2 billion.
At the IPO price of €20, the company’s market capitalisation stands at €2 billion. Paul Fowler, CEO of Nyrstar commented: "We are delighted with the success of our listing on Euronext which is a new step in our company's development. It will enable us to further raise our profile and reinforce our growth potential."
Nyrstar is the 117th company to be listed on Euronext this year. A total of €9.25 billion has been raised through initial public offerings on Euronext markets this year, representing an additional market capitalization of more that €208 billion.
Nyrstar (www.Nyrstar.com) was created on 1 September 2007 from the zinc and lead smelting and alloying assets of Belgium’s metals company Umicore and Australian zinc miner Zinifex. Incorporated in Belgium and with its coporated offices in London (UK) and Balen (Belgium), it is the world’s largest zinc metal producer and one of the world’s lead smelting and refining companies. It employs more than 4,000 people across four continents. -- www.euronext.com
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