Exclusive Networks moves towards IPO

Exclusive Networks has announced it has filed its registration document with the French Autorité des marchés financiers (AMF) under the number I. 21-044.

Filing this document is the first step in Exclusive Networks’ anticipated initial public offering on the regulated market of Euronext Paris, subject to market conditions and the approval by the AMF of the prospectus for the offering.

Jesper Trolle, chief executive officer, Exclusive Networks (pictured), commented, “Our proposed IPO on Euronext is a natural next step for us, and recognises three vital pillars of our success – our people, partners, and growth strategy.

“We have a clear strategy in place to continue to deliver growth, and an IPO will support our mission to help drive the transition to a totally trusted digital world.”

Exclusive Networks said its IPO on Euronext Paris will include a capital raise of up to approximately €260m of primary proceeds. In March, the company announced annual revenues of €2.6bn, a year-over-year increase of 8 per cent.

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Charlotte Hathway

Charlotte is the editor of Comms Business and writes content to inform and educate the Channel about the latest technology and business developments. Got a story? Get in touch – charlotte.hathway@markallengroup.com.

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