CVC Capital Partners plc Successfully Lists on Euronext Amsterdam

CVC Capital Partners plc Successfully Lists on Euronext Amsterdam

(IN BRIEF) Euronext extends congratulations to CVC Capital Partners plc (CVC) for its triumphant listing on Euronext Amsterdam under the ticker code “CVC”. CVC, a renowned global investment firm, boasts a rich history of over 40 years in private markets and manages approximately €186 billion in assets across various investment strategies. This Initial Public Offering (IPO) marks a significant milestone for CVC, providing it with a robust institutional structure to support its growth aspirations. The IPO, with an issue price of €14 per share, raised €250 million, resulting in a market capitalization of €14 billion on the day of listing. This move not only enhances CVC’s long-term growth prospects but also elevates its profile among existing and potential clients by leveraging access to the public capital markets.

(PRESS RELEASE) AMSTERDAM, 26-Apr-2024 — /EuropaWire/ — Euronext today congratulates CVC Capital Partners plc (CVC), a global investment firm, on its successful listing on Euronext Amsterdam (ticker code: CVC).

CVC is a global leader in private markets with a history of creating sustainable value over more than 40 years. The company has approximately €186 billion in assets under management across seven complementary investment strategies in Private Equity, Secondaries, Credit and Infrastructure.

Today’s Initial Public Offering provides CVC with a long-term institutional structure to support its growth ambitions and evolution. Access to the public capital markets supports the firm’s long-term growth and increases the Group’s profile with existing and prospective clients.

The admission and issue price of CVC shares was set at €14 per share. Market capitalisation was €14 billion on the day of listing. The Initial Public Offering (IPO) raised €250 million altogether.

About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

Media Contact:

mediateam@euronext.com

Amsterdam
Marianne Aalders
+31 20 721 41 33
amsterdampressoffice@euronext.com

SOURCE: Euronext N.V.

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