The FINANCIAL -- Euronext, the primary exchange in the Eurozone, on May 26 announced its third pan-European days in the United States aimed at raising the profile of its European listed companies among US investors.
It will be attended by nearly 60 large issuers from across all the Euronext countries, representing above €400 billion ($445 billion) in market capitalisation, and more than 350 US investors, over four days from 1- 4 June. The event, which previously took place only in New York, has been extended to cover Boston this year for the first time, according to Euronext.
Sponsored by Euronext, DLA Piper and BNY Mellon, and in partnership with the European American Chamber of Commerce New York (EACC) and The Conference Board, the event allows over 800 one-on-one meetings for investors to interact with European CEOs and CFOs and learn more about investment opportunities on the Euronext markets. Four large European investment banks: BPI, ING, KBC Securities and Societe Generale will maximize the interaction between issuers and investors.
The pan-European days will open with the European American Economic Forum on 1 June, gathering senior government officials, issuers, institutional investors and journalists. Participants will hear debates led by Ministers, CEOs and CFOs from leading industries, and chief economists from major financial institutions. This high-level event will close with a keynote speech by Bart van Ark, Executive Vice President, Chief Economist & Chief Strategy Officer of The Conference Board. The three following days will be focused on aprogrammeof one-on-one investor meetings for listed European companies, providing the opportunity to address directly the US investor community.
Jos Dijsselhof, Interim CEO and COO of Euronext, said, “Our pan-European days are warmly welcomed by issuers and investors alike and each year we increase the participation from both audiences. Euronext’s strategy is underscored by our desire to be the leading financingcentrein Europe. In 2014, the total capital raised on our markets topped €104 billion, a significant increase on the €92 billion raised in 2013, of which €50 billion was raised through equities compared with €32 billion in 2013. It positions Euronext as the second largest exchange in Europe and the sixth largest globally. This event is one of the key moments of the year for our listed companies allowing them to raise their profile among this important investor base.”
Marc Lefèvre, Head of Listing at Euronext, added,“This is another example of how Euronext in our central role within our ecosystem provides visibility to all its clients listed on our markets by constantly connecting issuers to investors. The US market is particularly key for our European clients representing 34% of investment and increasing year on year.Our pan-European days allow them to meet a high number of investors in a short concentrated period. By extending the conference this year to Boston, we are ensuring a wider reach across the US market for our local issuers.”