· The Brazilian energy company will be the 19th to be listed on this international market for Latin American securities operated by BME
Latibex, the international market for Latin American securities operated by BME, today welcomed EDP Brasil, one of the largest private electricity companies in its sector. The listing of the company, which becomes the ninetieth to be listed on this market, was marked with a virtual bell ringing led by João Marques da Cruz, CEO of EDP Brasil, in Sao Paulo.
Jesús González Nieto-Márquez, General Manager of Latibex, who joined the event from the Madrid stock exchange, said: “The arrival of EDP Brasil, the eleventh Brazilian company to join this market, strengthens the role of Latibex as a gateway between investors and companies on both sides of the Atlantic. We wish the company a successful journey throughout the period that begins today".
The trading code of the company, which has a market capitalisation of 12 billion Brazilian reais, about 1.9 billion euros, will be "XENBR".
EDP Brasil will be included in the FTSE Latibex All Share and the FTSE Latibex Brazil indices. It will also be eligible for inclusion in this market's selective index, the FTSE Latibex Top.
All photos of bell ringing are available on this link.