ESI announces the transfer of its shares from the compartment C to compartment B of Euronext Paris
ESI Group, leading innovator in Virtual Prototyping software and services, announces today that its shares will be transferred from compartment C to compartment B of Euronext Paris with effect from January 27, 2017.
Compartment B includes listed companies with a market capitalization between 150 million and
1 billion euros. Transfers take place once each year and Euronext considers the average market capitalization of the company over the last 60 trading days of the year. ESI’s market capitalization was 253 million euros in that period in 2016.
The transfer of the shares to compartment B of Euronext is a key step which recognizes the significant increase of ESI Group’s stock market value through 2016. This change of compartment, together with a strong increase of the liquidity of the share in 2016, will further boost the visibility of the company among the financial community, both in France and abroad.
42.00 €( -1.41%)