NYSE Euronext announced today that Proventec, a UK company which provides specialist steam-cleaning technologies, listed and opened for trading today on its Alternext Paris market under the ticker symbol "ALPTC".
Proventec is the fifth LSE-listed company to seek a listing on Euronext markets in recent months and the first of these companies to be listed on NYSE Euronext's European market, Alternext.
Jean-François Théodore, Deputy CEO, NYSE Euronext said: "We are delighted to welcome Proventec on to Alternext, which, as one of NYSE Euronext's European markets, will give the company greater access to European and other international investors in the Eurozone and enable it to trade in euros, one of the world's leading currencies. We look forward to a beneficial and lasting partnership and to providing the company and its shareholders with the highest levels of service, liquidity and brand visibility associated with listing on NYSE Euronext markets."
David Chestnutt, the Chief Executive of Proventec said: "Our operations have been expanding quickly into Europe and today's listing on Alternext is a natural and exciting progression that allows investors there to take part in our growth, increases our visibility, and facilitates the company's acquisition strategy as we plan to expand further in Europe this year."
Proventec is the third international company to list on Alternext, NYSE Euronext's specialist market for small and midsized companies, this year and follows the listing of two Chinese companies.
Alternext, launched in 2005, now includes 122 listed companies, including companies from Belgium , Canada , China , France , Italy , Luxembourg , the Netherlands , Spain and the UK . Together, they have raised €1.6 billion and their total market capitalization stands at €5.3 billion. -- www.nyse.com
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