Lisbon, 27 March 2012– NYSE Euronext and Uría Menéndez - Proença de Carvalho are announcing a partnership whose aim is to promote the listing of new companies on the Portuguese stock exchange, namely on Euronext Lisbon and NYSE Alternext markets. The latter is dedicated to small and medium-sized enterprises (SMEs).
NYSE Euronext and Uría Menéndez – Proença de Carvalho create a new dynamic for the listing of new companies on the Portuguese Stock Exchange
This partnership intends to encourage and support Portuguese companies to list their shares on those markets, creating an opportunity to increase visibility in Portugal and internationally. Under this agreement, Uría Menéndez - Proença de Carvalho, in partnership with a financial consultant, assigned and selected from national and international benchmark market authorities, are proposing to consult and advise companies interested in their preparation for an potential IPO. This ranges from issuing stock (or other equity) to listing on the NYSE Euronext markets. Depending on the aims, needs and expectations of a company, this operation may be structured via a public takeover offer or a direct placement.
Furthermore, thanks to the combined offer, Uría-Menéndez – Proença de Carvalho and the financial consultant will ensure that the services will be offered at a competitive price when compared to costs for the same services contracted separately and individually from different organisations.
Luis Laginha de Sousa, CEO and Chairman of NYSE Euronext Lisbon said, “A company needs support to go to the stock market. Today we are pleased to welcome the commitment made by the agents of our financial ecosystem who will help to stimulate the financial environment for companies wishing to list”.
Carlos Costa Andrade, partner of Uría Menéndez – Proença de Carvalho added, “In a climate which increasingly needs to detect and support a company’s financial innovation, we believe that listing on Euronext Lisbon can contribute to an alternative financing solution as it is a decisive step towards the Portuguese companies’ development, in particular for SMEs”.
Note to the editors
Euronext Lisbon is the current name for the regulated cash market managed by NYSE Euronext, in Lisbon. The listing and retention criteria is standardized across the different markets where it operates (Amsterdam, Brussels, Lisbon and Paris).
NYSE Alternext is a multilateral negotiating system created by NYSE Euronext with simplified access conditions, aimed particularly at small and medium-sized enterprises (SMEs).
About NYSE Euronext
NYSE Euronext (NYX) is a global leader operating in the financial markets and supplier of innovative trading technology. NYSE Euronext is formed by the stock exchanges of shares and derivatives of the United States and Europe. Amongst other products, it trades shares, futures, options, fixed term bonds and exchange-traded funds. With more than 8.000 listings, the share markets of NYSE Euronext, namely NYSE, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca, trade more than a third of the total of the share business globally. Thus, compared to any other exchange group worldwide it is the stock exchange presenting with more liquidity. NYSE Liffe is one of the world leaders in derivatives in Europe, coming second place worldwide in transactions value. Through NYSE Technologies, the stock exchange group offers technological solutions, information on products and applications for data management as well as connectivity solutions and other services. NYSE Euronext is on the S&P 500 Index. It is the only stock exchange managing company which is on the S&P 100 and Fortune 500.
For further information please visit the site: www.euronext.com
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's 2011 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
Sandra Machado/ Paula Cordeiro
+351 91 777 68 97/ +351 96 404 67 78
Uría Menéndez - Proença de Carvalho
+351 210 308 621