The company offered 218.8 million shares to raise a total EUR 7 billion1 in the largest listing on any of the world’s major markets since January 2005 and the largest single market debut ever on Euronext.
The guaranteed placement reserved for institutional investors was oversubscribed 5 times. Altogether a record 4.9 million orders were collected from individual investors.
When trading opened at noon, the share price was EUR 32.29. This placed the group’s market capitalization at EUR 58.6 billion, the sixth largest on Euronext.
EDF is Euronext’s 57th listing since January this year, and makes Euronext the leading European market for capital raised, which totals more than EUR 15 billion to date. Altogether 2005 listings represent an additional EUR 99 billion in market capitalization.
The EDF Group is an integated energy companycarrying out energy-related activities focusing on the core businesses of electriciy generation, transmission, distribution, marketing and trading. The key player on the French electricity market it is also a leading electricity provider Europe-wide. Managing a generation mix with a capacity of 125.4 GWe, it provides energy and services to over 42 million customers around the world, including some 36 million in Europe and over 28 million in France alone.
ISIN code: FR0010251611
