NYSE Euronext Lisbon is pleased to announce the implementation of the Issuers Senior Advisory Committee (ISAC) with the aim of strengthening the relationship with the listed companies’ community.
ISAC’s first meeting will happen today, in Lisbon, with 17 top level representatives of selected listed companies. ISAC will subsequently meet twice a year.
The role of ISAC will be to discuss new business opportunities, institutional and regulatory initiatives, direct communication to clients, market conditions, and to gather feedback on current services and market conditions. The committee is also intended to be a think tank in order to share and improve best practices.
“The creation of an Issuers Senior Advisory Committee is an important step towards strengthening our relationship and ties with the issuers’ community in Portugal. This new consultative body will allow us to identify and implement new business solutions which will leverage market growth", said Miguel Geraldes, Head of Cash Market & Listing, Lisbon and Head of Relationship Management, Iberia.
The group will have seven companies with a market cap above EUR1 billion – Compartment A (BES, Brisa, EDP, Galp, Portugal Telecom, Sonae-SGPS e, ZON), four from Compartment B (Corticeira Amorim, Impresa, Martifer e, REN), and three from Compartment C - market cap below EUR150 million (Glintt, Porto SAD, Sumol+Compal). ISAC will also have representatives of bond issuers: CGD, Refer and Tagus.