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Redegal, the Galician digital consulting firm, has begun a new chapter by announcing its incorporation into BME Growth, making it the first company to transition from BME Scaleup. The company, which started its journey in the BME Pre-Market environment in 2021, debuted on BME Scaleup in January of this year, and its evolution has been approved by the market’s Board of Directors, with an effective date set for July 31.
Since its debut, Redegal has experienced a significant revaluation of 25.7%, bringing its market capitalization to 19.16 million euros. This move to BME Growth not only represents a significant step forward for the company but also reaffirms its commitment to liquidity and transparency in its operations. This change will be under the trading code “RDG,” with DCM Advisors serving as the registered advisor and Renta 4 Banco acting as the liquidity provider.
Juan Flames, CEO of BME, highlighted Redegal’s trajectory as an example of the potential organizations have to offer alternatives that meet the needs of growing companies. Flames emphasized the importance of the Pre-Market environment, which has been key in preparing Redegal for success in both BME Scaleup and BME Growth.
The consulting firm, which operates globally, has over 200 clients and 21 years of experience in the industry, supported by a multidisciplinary team of more than 130 professionals in the Iberian Peninsula and Mexico. Redegal specializes in areas such as technology, digital business, and product development, covering everything from initial projects to complex multisectoral strategies in digital business generation.
Informational documents about the company are available on the BME Growth website, where all relevant details about the firm can be reviewed. The BME Growth and BME Scaleup markets are aimed at small and medium-sized enterprises, and by 2024, they have already welcomed 23 new companies, totaling over 150 companies admitted for trading. These markets provide businesses the opportunity to finance their growth and access a wide investor base, adapting to their needs and increasing transparency.
Through these initiatives, BME expands its service offerings, ensuring that there is a suitable market for every type of company, from those just starting their journey in capital markets to large corporations listed on the stock exchange.
Source: MiMub in Spanish
