Euronext Tech Leaders Segment Welcomes 15 New Companies From Across Europe As Part Of Its 2023 Annual Review

Euronext today announced the results of the annual review of the Euronext Tech Leaders segment. This review will be implemented on the Euronext Tech Leaders index after markets close on Friday 16 June 2023 and will be effective from Monday 19 June 2023.

The Euronext Tech Leaders initiative was launched by Euronext in June 2022 with the support of a strong network of partners. The initiative includes the creation of the Euronext Tech Leaders segment now gathering more than 120 European companies listed on Euronext markets, an index made up of the stocks integrating this segment, and a dedicated set of services for listed and private Tech companies.

Euronext welcomes its new Euronext Tech Leaders members and looks forward to continuing to support their growth story.

Inclusions following the annual review of the Euronext Tech Leaders segment:

See the full updated list of components of the Euronext Tech Leaders index at the end of this document.

The Euronext Tech Leaders segment is reviewed every year in June. Its next review will take place in June 2024.

Euronext Tech Leaders was launched on 7 June 2022 thanks to the support of a strong group of partners: BNP Paribas, Goldman Sachs, HSBC, J.P. Morgan and Societe Generale, as well as Bpifrance, Caisse des Dépôts et Consignations, La Mission French Tech, Amiral Gestion, Cliff, Early Metrics, ABG Sundal Collier, Carnegie, Pareto Securities, SpareBank 1 Markets and Davy.

Since then, new partners across Euronext venues have joined the Euronext Tech Leaders initiative: ABN AMRO, Amundi Asset Management, Amundsen Investment Management, Banca Akros, Barclays, Berenberg, Bryan, Garnier & Co, Crédit Agricole CIB, Degroof Petercam, DNB, Edmond de Rothschild, Eiffel Investment Group, Equita, Financière Arbevel, Goodbody, ING, Intermonte, Intesa Sanpaolo, ISALT, KBC Securities, La Financière de l’Echiquier, Mediobanca, Morgan Stanley, Natixis CIB, ODDO BHF, Rabobank, Revaia, Sofinnova Partners, UBS La Maison de Gestion and UniCredit.

Read the full specific set of criteria for companies to qualify for Euronext Tech Leaders: Euronext Tech Leaders criteria

Appendix

1. New composition of the Euronext Tech Leaders segment and index, effective on Monday 19 June:

1. Euronext Tech Leaders initiatives deployed across Europe since the segment’s launch

Euronext is the number one equity listing venue for Tech in Europe, with  700+ listed Tech companies, representing an aggregated market capitalisation of €1.2 trillion as of 31 May 2023.

Euronext offers access to a rich ecosystem dedicated to the Tech sector, and in particular, a large and international investor base financing Tech companies of all growth profiles. Euronext has also developed a set of pan-European pre-IPO programmes that help innovative businesses familiarise themselves with sector-specific capital markets knowledge to provide them with all the information they need to reach the next stage of their growth. Since the launch in 2015, over 920 companies have participated to Euronext’s pre-IPO programmes, all selected for their capacity for innovation and their impressive performance. The Euronext Tech Leaders initiative that was launched in June 2022 complements Euronext's existing Tech offer with the ambition to strengthen the European Tech sector and be a catalyst for the next generation of Tech Leaders.

Despite the current macroeconomic context, members of Euronext Tech Leaders have been able to benefit significantly from Euronext Tech Leaders’ services, which aim to increase Euronext Tech Leaders’ visibility towards international investors and provide them with better access to public capital to fund their growth needs.

Following the launch of Euronext Tech Leaders in June 2022, four companies that subsequently listed on Euronext markets joined the segment. In addition to  the creation of the index made up of the stocks in the segment, an array of services and visibility initiatives have been deployed by Euronext for listed and non-listed companies:

• Euronext has provided members of the Euronext Tech Leaders segment with an exclusive access to top-tier events organised across Europe by Euronext and its network of partners, including investor forums and conferences to increase visibility and promote Euronext Tech Leaders companies to international investors, offering them strategic networking opportunities;
• A dedicated C-level club has been created, offering companies an exclusive programme of events, including knowledge-sharing sessions and networking opportunities, as well as access to a strong community of successful European companies and thought leaders;
• The first Euronext Tech Leaders Campus, the annual gathering for European Tech took place in November 2022 and included workshops with research analysts and opportunities for knowledge sharing with key members of the Tech ecosystem. Euronext will organise its second Euronext Tech Leaders Campus by the end of 2023.

• Euronext enhanced visibility for Euronext Tech Leaders amongst retail investors through the following initiatives:
  • Inclusion of Euronext Tech Leaders companies in liquidity programmes that are specific to the Exchange and designed to enhance trading conditions for retail investors, thereby increasing liquidity in Euronext Tech Leaders’ companies shares;
  • In partnership with Early Metrics, a leader in independent start-up ratings, valuations and analysis of Tech trends, Euronext provided detailed analytical notes accessible to all investors (including retail investors) on all Euronext Tech Leaders, as well as on the segment’s major trends.

• New partners have joined the Euronext Tech Leaders initiative throughout the past year and across the seven markets where Euronext operates.

Building on the first successful year of the Euronext Tech Leaders initiative, Euronext remains committed to further strengthening the European Tech sector. With the support of its partners, Euronext will continue to provide listed Tech companies with enhanced visibility among Euronext’s large international investor base, and to provide private Tech companies with a strengthened offering of pre-IPO services to help prepare them to become the next generation of Euronext Tech Leaders.