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BME Scaleup has welcomed Saint Croix Holding Immobilier, which debuted in its growth markets on July 30 during a ceremony called the Bell Ringing at the Madrid Stock Exchange. Marco Colomer, the company’s president and CEO, led the event alongside Juan Flames, CEO of BME.
Saint Croix, which previously traded on the Luxembourg Stock Exchange since December 2011, becomes the ninth company to join BME this year. The stock began trading at €72, giving the company an approximate valuation of €320.5 million.
Juan Flames emphasized the importance of the reputation and visibility that Spanish capital markets provide to companies of various sizes and sectors. Since the beginning of the year, companies that have debuted in these markets have achieved a total capitalization close to €6 billion.
Saint Croix’s activities focus on managing a diverse real estate portfolio, which includes buildings for office use and higher education, as well as shopping centers, hotels, and a hospital. PKF Attest Business Services serves as their registered advisor, and their trading code is ‘SCHI’.
Interested parties can find relevant information about the company on the BME Scaleup website, which also hosts a Flickr album with images from the Bell Ringing event.
BME offers its growth markets, such as BME Growth and BME Scaleup, specifically designed for small and medium-sized enterprises. So far in 2024, they have welcomed 23 new companies, bringing the total to over 150. BME Growth provides small companies, particularly in the tech sector, with the necessary financing to promote their growth, while BME Scaleup targets scaleups, SMEs, SOCIMIs, and family businesses, allowing them to access capital markets while maintaining the transparency required by investors.
With these initiatives, BME aims to strengthen its service offerings, covering companies that are just starting in the world of capital markets to large corporations that are already publicly traded.
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via: MiMub in Spanish