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NYSE Euronext today announced the listing of TXCOM on NYSE Alternext in Paris.
Specializing in barcode readers and thermal printing, TXCCOM has built up expertise through over 20 years of successful design, manufacture and marketing of innovative solutions. Its sales are based on both partnerships with major manufacturers and a worldwide network of value-added distributors. TXCOM is present in 40 countries and derives 70% of its sales from exports. The company employs a total of 70 people on three sites, two in France and one in the US.
TXCOM (ticker symbol: ALTXC) was admitted to trading through the transfer of the 1,231,860 shares making up its capital from the Free Market to NYSE Alternext.
The company’s market capitalization on the day of admission amounted €9.9 million.
“We are delighted to join TXCOM for this new stage in its development,” comments Ronald Kent, Group Executive Vice President and Head of International Listings at NYSE Euronext. “Its transfer to NYSE Alternext will optimize its visibility and enhance liquidity and value for shareholders.”
Philippe Clavery, TXCOM’s Chairman and Chief Executive Officer, adds: “Transfer to NYSE Alternext marks a key step forward in the development of our company, raising our profile for both the financial community and all the business partners and customers who have shown us their confidence around the world.”
In a little over five years, €2.4 billion has been raised on NYSE Alternext, half of this through secondary issues, by 156 listed companies from countries including Belgium, Canada, China, France, Italy, Luxembourg, the Netherlands, Spain, the UK and the US. Their market capitalization totals €5.1 billion.
