NYSE Euronext and Uría Menéndez – Proença De Carvalho create a new dynamic for the listing of new companies

NYSE Euronext and Uría Menéndez – Proença De Carvalho create a new dynamic for the listing of new companies on the Portuguese Stock Exchange

27/03/2012

NYSE Euronext and Uría Menéndez - Proença de Carvalho are announcing a partnership whose aim is to promote the listing of new companies on the Portuguese stock exchange, namely on Euronext Lisbon[1] and NYSE Alternext[2] markets. The latter is dedicated to small and medium-sized enterprises (SMEs).

This partnership intends to encourage and support Portuguese companies to list their shares on those markets, creating an opportunity to increase visibility in Portugal and internationally. Under this agreement, Uría Menéndez - Proença de Carvalho, in partnership with a financial consultant, assigned and selected from national and international benchmark market authorities, are proposing to consult and advise companies interested in their preparation for an potential IPO. This ranges from issuing stock (or other equity) to listing on the NYSE Euronext markets. Depending on the aims, needs and expectations of a company, this operation may be structured via a public takeover offer or a direct placement.

Furthermore, thanks to the combined offer, Uría-Menéndez – Proença de Carvalho and the financial consultant   will ensure that the services will be offered at a competitive price when compared to   costs for  the same services contracted separately and individually from different organisations.

Luis Laginha de Sousa, CEO and Chairman of NYSE Euronext Lisbon said, “A company needs support to go to the stock market. Today we are pleased to welcome the commitment made by the agents of our financial ecosystem who will help to stimulate the financial environment for companies wishing to list”.

Carlos Costa Andrade, partner of Uría Menéndez – Proença de Carvalho added, “In a climate which increasingly needs to detect and support a company’s financial innovation, we believe that listing on Euronext Lisbon can contribute to an alternative financing solution as it    is a decisive step towards the Portuguese companies’ development, in particular for SMEs”.