Belgian company Materialise has appointed global financial markets infrastructure Euroclear as issuer Central Securities Depository (CSD) for its additional listing on Euronext Brussels. Materialise, a global leader in advanced medical and industrial 3D printing applications and 3D printing software, complements its existing Nasdaq listing with this step, enabling investors to hold and trade shares on Euronext Brussels alongside American Depository Shares (ADSs) on Nasdaq.
Euroclear provides the infrastructure to ensure a seamless transition for holders of ADSs and registered shares into dematerialised shares tradable on the stock exchange in Brussels. Being the trusted global market infrastructure, Euroclear will deliver secure settlement solutions that underpin access for issuers in both primary and secondary markets, enabling cross-border liquidity and investor reach.
In its role as trusted issuer CSD, Euroclear will:
- admit all Materialise shares into its system
- facilitate the replacement of ADSs with dematerialised shares
- enable registered shareholders to convert their shares into dematerialised form for trading on Euronext Brussels
- provide an electronic shareholder register for efficient management
"We are proud to support Materialise in its dual listing on Euronext Brussels. This collaboration reflects our commitment to delivering robust, efficient solutions that connect issuers and investors across markets. By leveraging our expertise and infrastructure, we help create a more connected and liquid marketplace.", said Geert Desmedt, Chief Executive Officer Euroclear Belgium, Euroclear France and Euroclear Nederland.
