19 December 2018
Lleida.net debuts on Euronext Growth at 1,02 euros per share
Today, the Spanish technology has become the only company dual listed both at Euronext Growth and the Spanish Alternative Stock Market (MAB).
From Euronext Growth, the company's shares will be traded in Paris, Amsterdam, Brussels, Lisbon and Dublin.
Paris, 19 December. - The Spanish company Lleida.net was today listed on the Euronext Growth at 1.02 euros per share.
Currently, the technology company is the only Spanish dual listed company trading in Euronext and in the Spanish Alternative Stock Market.
Sisco Sapena, CEO of the company, today presided over the Opening ringing in Paris, in a ceremony attended by the CEO of Euronext Paris, Anthony Attia and the Mayor of Lleida, Fèlix Larrosa.
After the bell ringing and the start of listing, Sapena explained that "now that we are finally trading in Madrid and in Europe, we make a renew effort to continue to grow as a company and to offer the maximum return on investment to our investors".
Sapena, who founded the company in 1995, said that "being dual listed in Paris and in Madrid is a good bet to increase our visibility, as well as to strengthen our position in international markets."
"It's not the first time we rang the bell in the stock exchange, nor will it be the last, he added.
Currently, 56% of the company's turnover is generated outside of Spain.
Lleida.net's internationalization strategy involves strengthening its innovation and development policy.
So far, more than 75 patents have been granted on electronic certification in the European Union, Colombia, China, Australia, New Zealand, Japan, Israel, Taiwan, South Africa, among others.
The company, a leading digital witness operator, offers more than 360 interconnection agreements in over 150 countries.
Lleida.net provides customers the possibility of certifying their multimedia communications, by SMS or email.
With offices in Lleida, Madrid, London, Miami and Bogotá and subsidiaries in Ireland, Brazil, Colombia, the Dominican Republic, Honduras, India, Chile and Guatemala
During the first nine months of the 2018, Lleida.net sales exceeded 9.3 million euros with a gross margin of 4.42 million euros
As of September 30, 2018, the net financial debt of Lleida.net had been reduced by 13% to 1.72 million euros.
Euronext Growth is the Euronext market that allows small and medium enterprises to access European capital. As a multilateral trading platform, it allows to operate simultaneously in the Paris, Lisbon and Brussels stock markets.
More than 200 small and medium-sized issuers trade on regulated markets.