NYSE Euronext today announced the admission of GAUSSIN MANUGISTIQUE to NYSE Alternext.
GAUSSIN MANUGISTIQUE designs, assembles and markets vehicles to position and handle bulky and fragile loads. With several thousand vehicles sold around the world over the past 40 years, GAUSSIN MANUGISTIQUE has won wide recognition among major customers and is today one of the world's most innovative engineering firms for handling systems on wheels.
GAUSSIN MANUGISTIQUE (ticker symbol: MLGAU) was admitted through the transfer of the 2,723,884 existing shares making up its capital from the Free Market to NYSE Alternext.
Market capitalization of GAUSSIN MANUGISTIQUE on the date of admission amounted to €20 million.
"We are delighted to be alongside GAUSSIN MANUGISTIQUE for a new stage in its development, comments Ronald Kent, Group Executive Vice President and Head of International Listings at NYSE Euronext. Its admission will offer shareholders the most favourable conditions for liquidity and pricing, while at the same time ensuring exceptional visibility for the company with its customers, business partners and investors."
Christophe Gaussin, Chairman and Chief Executive of GAUSSIN MANUGISTIQUE, adds: "We are very pleased with this new step forward in the stock-market career of GAUSSIN MANUGISTIQUE. We are confident that listing on NYSE Alternext will raise our profile and will provide fresh impetus for the benefit of our business and our shareholders."
NYSE Alternext, which recently celebrated its fifth year in operation, today counts 140 listed companies from countries including Belgium, Canada, China, France, Italy, Luxembourg, the Netherlands, Spain, the UK and the US. Together they have raised over €2.3 billion, half of this through secondary issues, and their market capitalization totals €4.4 billion.