The 508,989 existing shares representing the outstanding capital of Sica Invest (SICV) have been admitted to trading on NYSE Alternext.
The move comes after Sica Invest – an investment company investing mainly in small caps listed on the Free Market and NYSE Alternext in Brussels and in Paris – raised some EUR5.1million in a private placement. At the reference price of EUR9.16, the market capitalisation of the company now amounts to EUR4.66 million.
“Sica Invest has been built around a new concept and its creation is favorable for our small caps markets,” says Vincent Van Dessel (pictured), CEO of NYSE Euronext. “It will provide new investors with a diversified investment tool allowing the exchange to increase its role in this important market segment.