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BME - Bolsas y Mercados Españoles Sociedad Holding de Mercados y Sistemas Financieros SA

10/28/2021 | Press release | Distributed by Public on 10/28/2021 03:22

The Intercity Football Club to start trading on BME Growth tomorrow, 29 October

  • It is the first Spanish football team to list on a stock exchange
  • The company, which is the third to join BME Growth from the Pre-Market Environment, is the thirteenth company to list on this market so far this year.

The Board of Directors of BME Growth has approved the listing of INTERCITY, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by the Market Coordination and Admission Committee.

INTERCITY, which is the first Spanish club to be listed on a stock market, is the third company to join BME Growth from the Pre-Market Environment. This BME programme guides companies on their way to the stock market, providing training and support as they head to the stock market. Already 25 companies have joined this initiative along with 18 other partners that help these companies in their training.

The company, which is the thirteenth to join BME Growth this year, will start trading tomorrow, Friday, 29 October.

The Board of Directors of the company has set a reference value for each of its shares of 1.20 euros, which is the subscription price of the last capital increase carried out by the company, giving it a total valuation of 5.56 million euros.

The company's ticker symbol will be ""CITY". Deloitte is the Registered Adviser while GVC Gaesco Valores will act as Liquidity Provider.

INTERCITY currently has a men's first team that competes in the 2nd RFEF Division, a women's team in the First Regional Valencian Division, a men's "B" team in the First Regional Division, a beach football team that plays in the Mediterranean League and a football academy in San Juan.

The Informative Document on INTERCITY can be found on BME Growth's website (https://www.bmegrowth.es/ing/Home.aspx) and contains all the relevant information on the company and its business.