SFPIM, CDC, and CDPE increase their stake in the share capital of Euronext with purchase from Euroclear

Posted on 03/13/2024

On March 8, 2024, The Belgian Federal Holding and Investment Company (SFPIM), the French Caisse des Dépôts (CDC) and the Italian CDP Equity (CDPE) agreed with the provider of financial market infrastructure services Euroclear SA/NV (Euroclear) to acquire from Euroclear respectively 2,142,126, 535,531 and 535,531 shares in the share capital of Euronext NV (Euronext), representing respectively 2.0%, 0.5% and 0.5% of the share capital of the company. Settlement of the transactions took place earlier on March 8th. SFPIM, CDC, CDPE and Euroclear are parties to the reference shareholders’ agreement (RSA) relating to Euronext as extended and amended on April 29, 2021.

SFPIM increased its stake in the share capital of Euronext to 5.2%, becoming the third largest party to the RSA after CDPE (7.8%) and CDC (7.8%) and reinforces its position to support this pan-European company, along with the other reference shareholders.

SFPIM, CDC and CDPE stress the importance of a stable European investor base for Euronext, anchoring in Europe this strategic financial market infrastructure platform which provides access to financing for companies all over the world. Euroclear is pleased to have been able to sell its shares to long-term shareholders committed to Euronext’s strategy through their participation in the reference shareholders’ agreement.

The Federal Holding and Investment Company (SFPIM) is the Belgian Sovereign Wealth Fund. SFPIM invests to help Belgian related companies, SME as well as scale-ups, to become a reference in their industry by providing smart capital solutions. SFPIM also aims to safeguard the long-term stability of the Belgian economy by contributing to the anchoring of strategic assets in both promising and established companies or ecosystems. CDPE is also known as Cassa Depositi e Prestiti Equity S.p.A.

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