Paris, 30th September 2010
NYSE Euronext today announced the transfer of STS Group from the Free Market to NYSE Alternext.
Founded in 2000, STS Group is a European leader in electronic document management, which includes archiving and exchange of documents with a guarantee of legal validity. The company produces and sells STS Suite, a modular software package that creates a digital environment for applications including issuance and management of official certification, electronic voting, and more. This package is now distributed to over 250 major clients by partners in France and abroad.
STS Group (ticker symbol: ALSTS) was admitted to NYSE Alternext through the direct listing of the 6,217,799 shares making up the company’s capital. Market capitalisation on the date of admission amounted to €104.5 million.
“We welcome this opportunity to assist STS Group as it enters a new stage in growth, and to contribute to the development of innovative new technologies that ensure the confidentiality, durability and legal value of digital records,” said Ronald Kent, Group Executive Vice President and Head of International Listings at NYSE Euronext. “The company’s transfer to NYSE Alternext will enhance the environment of trust it has already established and give STS Group the benefits of a supervised market that supports liquidity.”
Bernard Calvignac, Chairman and CEO of STS Group, added: «”Listing on NYSE Alternext is an important stage in our development and will help extend the international reach of our company and our software.”
In just over five years, €2.4 billion has been raised on NYSE Alternext, half of this through secondary issues, by 154 companies from countries including Belgium, Canada, China, France, Italy, Luxembourg, the Netherlands, Spain, the United Kingdom and the United States. Market capitalisation totals €5.1 billion.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca – represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit:http://www.nyx.com.
About STS Group
STS Group is a European leader in electronic archiving of legally required documentation, producing fully modular software solutions. Distribution of its STS Suite software is handled entirely by partners including large IT service companies, integrators, specialised publishers, web-hosting companies, IAPs, etc. This model gives STS Group direct access to premium clients and enables it to grow sales independently of its own sales and marketing capacity. The group counts over 250 large corporations among its clients, and sales totalled €23.5 million in 2009 for net profit of €6.3 million.
For more information please contact Felicity Burton
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