AXWAY, the Business Interaction Networks specialist, today celebrated its listing on NYSE Euronext in Paris.
Created when its operations were hived off those of Sopra Group S.A., AXWAY develops products and solutions to manage, run, secure and monitor all types of business interaction, including emails, files, messages, services, events and processes. Spanning all industries, the company serves over 11,000 clients and is present in more than 20 countries. Corporate headquarters are in Phoenix for the United States and in Paris for Europe.
AXWAY was admitted to trading (ticker symbol: AXW) on the regulated market of NYSE Euronext in Paris by the listing of 16,120,513 shares making up the company’s capital. Listing of AXWAY shares was concurrent with the distribution by Sopra Group S.A. to its shareholders of approximately 73.5% of Axway’s share capital. The admission price was €18.61 and the company’s market capitalization was €300 million.
“We are delighted with the listing of AXWAY on NYSE Euronext’s European market,” said Ronald Kent, Group Executive Vice President and Head of International Listings at NYSE Euronext. “Admission to the market will enable AXWAY to consolidate a strategy based on independent development of its business, and will raise its profile with clients, partners and the investment community.”
AXWAY CEO Christophe Fabre, added, “Listing on NYSE Euronext marks a fresh stage in the deployment of AXWAY’s business project. As a listed company, we plan to benefit from the visibility offered by NYSE Euronext, a benchmark for investors, to step up our growth.”
To celebrate the event, Christophe Fabre rang the opening bell signifying the start of trading on NYSE Euronext’s European market in the presence of AXWAY and Sopra Group staff, and NYSE Euronext’s listing team.
