The Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on EUROCONSULT GROUP, stating that the company is eligible for admission to the market’s growth companies segment following a thorough review of all the information presented by the company.
The final approval of MAB’s Board of Directors is required before the shares of the company can be admitted for trading, on November, 5.
Prior to the listing on MAB, the company has carried out a capital increase to the value of 5.8 million euros and has expressed its intention of carrying out another capital increases following its listing.
The company will list under the code ECG andtrading will be through a price setting mechanism, which will match buy and sell orders by means of two daily auction periods or “fixings”, at 12hrs and at 16hrs.
Estratelis Advisorsis acting as Registered Adviserand MG Valores as Liquidity Provider.
Euroconsult is an engineering and energy efficiency services firm that operates in Spain as well as in such markets as Germany, United Kingdom, Mexico, the US, Peru, Brazil, Panama and the United Arab Emirates, among others. The company was incorporated in 1968. Today, Euroconsult is working on a strategic plan designed to reinforce its presence in Latin America and the Middle East, the funding of which will be partly provided by MAB.
The Informative Report of Euroconsult is already available on MAB’s website (www.bolsasymercados.es/mab), where visitors can find all the information about the company and its business.