Sure! Here’s the translated text into American English:
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Saint Croix Holding Immobilier, SOCIMI, S.A. has taken a significant step by registering its initial informational documentation to join BME Scaleup, thus becoming the ninth company to join BME’s growth markets this year. The decision was confirmed by the Market Coordination and Listings Committee, which verified that the company meets the necessary requirements for this incorporation.
Since December 2011, the company has been listed on the Luxembourg Stock Exchange. To set the share price for BME Scaleup, the Board of Directors bases it on the closing price from the day before the incorporation. PKF Attest Business Services will act as the company’s Registered Advisor, known for managing a diversified real estate portfolio that includes office buildings, educational centers, retail spaces, hotels, and a hospital.
The initial documentation for Saint Croix Holding Immobilier is available on the BME Scaleup website, where interested parties can access relevant information about the company and its economic activities.
BME Growth and BME Scaleup are designated markets for small and medium-sized enterprises. In 2024, these markets have already welcomed 23 new companies and currently host over 150 admitted firms. BME Growth provides tools for smaller-cap companies, especially in the tech sector, facilitating their access to financing and a broad investor base.
On the other hand, BME Scaleup is primarily aimed at scale-ups, although it also welcomes SMEs, SOCIMIs, and family businesses. This market stands out for offering flexibility in entry requirements and promoting transparency to investors. Small and medium-sized companies that access these markets can significantly benefit in terms of financing, reputation, and visibility—key elements for their growth and talent retention.
With the creation of these growth markets, BME strengthens its service offerings, providing appropriate options for all types of companies, from those just starting in the capital markets to large companies already listed on the stock exchange.
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Referrer: MiMub in Spanish
