Press releases

21 November 2018

Sisco Sapena launches an Out-of-Market Sale Plan prior to t

he IPO on Euronext

Madrid, 19 November.- Sisco Sapena, the majority shareholder of (BM: LLN), a technology company listed on the Alternative Stock Market, today launched a new Out-of-Market Sale Plan prior to the company's listing on the Euronext Growth market.

The Board of Directors of the company approved on 30 September to request to Euronext to be dual listed on Euronext. 

The plan, named "Plan 2018", aims to reward the loyalty of employees of the company and its subsidiaries, suppliers, partners and directors.

This initiative is limited to 100,000 euros in shares, will be in force next 29 November at the price of 0.97 euros per share same price as on Friday, 16 November closing.

The purchase of the shares offers the holders the option to buy at that amount an amount similar to that subscribed on November 16, 2019 and on November 16, 2020, with the condition that the shares be held for two years acquired in this operation.

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.

"The listing of our shares in Euronext Growth is a milestone for the company, and we want those who have bet on the company with their efforts over the last years to also participate in the benefits of this new IPO", stated Sapena, CEO and founder of the company. is the leading company not only in the field of electronic notification and contracting, but also as an operator and wholesaler in SMS solutions and a specialist in data validation. 

At yesterday´s closing the market value was 0.97 euros per share and the capitalization of the company was 15.57 million euros. The company's shares have been revalued by 44.78 percent since the beginning of the year.

During the first nine months of the 2018, sales exceeded 9.3 million euros, with an Ebitda of over 1.4 million euros, 43% in the same period of 2017.

With offices in Lleida, Madrid, London, Miami and Bogotá and subsidiaries in Ireland, Brazil, Colombia, the Dominican Republic, Honduras, India, Chile and Guatemala, the company has agreements with more than 1,500 companies across 150 countries.

Its services are available to an estimated population of 2,900 million people over the world.
Listed on MAB since 2015.

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