First Edition In Paris Of Spanish Mid-Cap Event - 32 Spanish Medium And Small Capitalisation Companies Are Participating - Trading In These Shares On The Spanish Stock Market Has Doubled Over The Last Four Years

Bolsas y Mercados Españoles (BME) has organised an event involving 32 Spanish listed medium and small cap companies, in the first edition of the Spanish Midcap Event which is taking place today and tomorrow in Paris.

This initiative is taking place within the framework of the "Medium & Small Caps Project", which BME started over three years ago and whose objective is to boost the liquidity and financing capacity of these companies thanks to increased transparency and an improvement in the relations that these companies have with the markets.

The 32 companies in the forum had a stock market capitalisation of €37.46 billion on 26 March 2008, representing 5.2% of the entire Spanish market. Banesto and Mapfre are the largest companies with capitalisations of €8.2 billion and €7.2 billion respectively.

Trading in small- and mid-cap shares on the Spanish market has doubled in the last four years and now represents 40% of total trading on the stock market.

In this first edition, the listed companies attending will be meeting over 80 European institutional investors; via private meetings (one on one, discovery meetings, group meetings) they will have the opportunity to get to know each other better, with over 600 meetings planned for the two days.

The meeting has been organised by Bolsas y Mercados Españoles (BME), CF&B Communication, a French financial communication company and Banesto Bolsa SVB, which will also be the sponsor of the meeting.

Companies participating