PROEDUCA receives favourable report from MAB

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on PROEDUCA, following a thorough review of all the information presented by the company.

The company’s listing requires the prior approval of the Board of Directors of MAB.

The company’s ticker symbol will be “PRO” ” and it will be traded through the “price fixing” system. VGM Advisory Partners is the Registered Adviser while Renta 4 Banco will act as Liquidity Provider.

The reference value set by the company’s Board of Directors for each of the shares is 4.94 euros, which brings its overall valuation to 223 million euros.

PROEDUCA is a Company based in La Rioja, Spain, and is dedicated to imparting online university training couses.

The Informative Document on PROEDUCA can be found on the MAB’s website (www.bolsasymercados.es/mab) and contains all the relevant information on the company and its business.