Press Release

tuTECHÔ to start trading in BME Growth on 26th April

24 April, 2024
  • The company, which is the first to enter this market so far this year and the first SOCIMI with a social impact, starts with a valuation of 28.6 million euros

The Board of Directors of the Market has approved the listing of tuTECHÔ the favorable assessment report on its listing issued by the Coordination and Admission Committee.    

The Board of Directors of the company, which is the first company to enter this market in 2024, has taken as a reference for the start of trading of the shares a price of 1.01 euro per share, which implies a total valuation of the company of 28.6 million euros.

The company’s ticker symbol will be “YTCH”. The company's Registered Advisor is Renta 4 Corporate, while Renta 4 Banco will act as Liquidity Provider.

tuTECHÔ is an impact investment SOCIMI that aims to address the problem of homelessness in Spain by providing a sustainable business and real estate solution with a high social impact. It is a social SOCIMI, a meeting place for professionals, impact investors, administrations and third sector entities with the same objective: to acquire homes, renovate them and rent them to social entities so that they can house the most vulnerable people, favouring their social and community integration.

This is BME Growth's first SOCIMI with a social impact to eradicate homelessness and, as such, has reduced fees.

The tuTECHÔ Information Document is available on the BME Growth Website where you can find all the information about the company and its business.

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