The Lleida.net board of directors approved this Friday to request authorization from its general meeting of shareholders to go public on the New York Stock Exchange, which would thus become the third market in which the company’s shares are traded after the Alternative Stock Market (MAB) in Madrid and Euronext Growth in Paris.
In a statement, the company details that, if this request is approved, it will be listed on the OTCQX segment of the OTC Markets Group, a market that groups international companies and offers access to the investment market in the United States.
The company, founded 25 years ago and listed on the MAB since 2015, explains that it is qualified to go public on the OTCQX by trading its securities on Euronext Growth, a market it entered at the end of 2018. “If approved, Lleida .net will thus become the only MAB company that is listed on all three markets at the same time, “he added.
The general meeting of shareholders of the company will meet in an extraordinary way, “and telematically”, in mid-September to discuss and, where appropriate, approve the exit to the US market.
“Going public on the United States stock market is a subject we have been working on since we went public in Paris. Having access to investors in the United States market is key to continuing to internationalize our market proposal and strengthen our levels negotiation “, underlined the CEO and founder of the company, Sisco Sapena.
Lleida.net, which offers certified electronic contracting and notification services to clients on four continents, registered a pre-tax result of 341,000 euros in the first half of 2020, which is 47% more than a year ago.
During the second quarter of 2020, which was characterized by an acceleration in the adoption of digital processes, the company’s pre-tax result rose to 273,000 euros, 41% more than in the same period last year.
Lleida.net manages the digital electronic communications of the national postal services of five countries and has more than 180 international patents on the matter, including in the United States and the European Union. Last June, the board unanimously approved the first dividend distribution in the company’s history.
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