News Releases

 
Gold by Gold lists on NYSE Alternext
Paris, 13 April 2012 – NYSE Euronext today announced the listing on NYSE Alternext in Paris of Gold by Gold, a French company that collects, recycles and trades gold and silver.

Founded in 1992, Gold by Gold draws on expertise at every stage in the gold supply chain, from mining and purchasing to refining and resale. The company deals in three main areas: it trades gold produced in traditional Andean mines in South America, which it resells to international buyers, primarily based in Europe. It also recycles gold that it purchases in France from individuals and professionals using several different networks (an Internet site, shops and home purchases). This gold collection business is rounded out by a refining unit that is fully integrated into Gold by Gold, guaranteeing full traceability of the gold it produces.

Gold by Gold (ticker: ALGLD) was listed through admission to trading of 2,295,000 existing shares and 438,612 new shares issuedunder a Global Offering[1]after the partial exercise of the Extension Option. The Global Offering raised a total of €3.1 million.

The admission and issue price of Gold by Gold shares was set at €7.15. Market capitalization stood at €19.5 million on the day of listing.

“We are delighted to welcome Gold by Gold to NYSE Alternext,” said Marc Lefèvre, Head of European Coverage at NYSE Euronext. “Listing will increase the company’s equity and allow it to participate actively in a market offering high growth potential and favourable conditions given rising gold prices and volumes.”

Patrick Schein, Chairman, CEO and founder of Gold by Gold, added: “I would like to thank our institutional and individual investors for the trust they have demonstrated by taking part in Gold by Gold’s listing at a time when the economic and market environment is less than buoyant. I am particularly pleased at the interest shown by individual investors: Gold by Gold’s shareholders now include many private individuals, which is good for liquidity. We will use the capital raised to step up the development of our divisions and pursue our strategy of ‘virtuous’ growth.”

In six years, €2.6 billion has been raised on NYSE Alternext, half through secondary issues, by companies from countries including Belgium, Canada, China, France, Italy, Luxembourg, the Netherlands, Spain, the UK and the US. Their market capitalisation totals €5.9 billion. Today 181 companies are listed on NYSE Alternext.

Contacts:

NYSE Euronext
Caroline Tourrier: +33 (0) 1 49 27 10 82 – ctourrier@nyx.com

Actus Finance
Nicolas Bouchez: + 33 (0) 1 77 35 04 37 – nbouchez@actus.fr  

About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets — the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca — represent one-third of the worlds equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the Fortune 500. For more information, please visit: www.nyx.com.

About Gold by Gold
Founded in 1992, Gold by Gold is a French group that collects, recycles and trades gold and silver. The company uses a fully integrated model based on three divisions that together give it full control of the entire supply chain for gold and silver, from mining or purchase through refining in its own facilities and resale. 
>Trading division: international trade in primary gold from mines and collectors based in South America, primarily Peru, and in Europe.
>Collection and recycling division: collection and recycling of gold items and scrap from individuals in France through www.GoldbyGold.com, an internet site launched in 2010, and through a network operating under the Gold & Go name. 
>Refining division: gold refining for its own business, for jewellery industry professionals and for specialised collectors.
In 2011, Gold by Gold reported sales of €111.4 million, up 84%, driven by a steep rise in gold trading and collecting by volume and by the rise in gold prices. Operating profit rose three-fold over the same period to total €1.7 million.
For more information visit  www.GoldbyGold-groupe.com.

[1]The Global Offering was made up of an Open Price Public Offering and a Global Placement with institutional investors in France and other countries.