#Cyprus #Nicosia #CYSEC #Xryma Plc #XRY

Xryma Plc's Path to Euronext Paris Listing

Xryma Plc has officially announced the approval and publication of its prospectus, setting the stage for its upcoming listing on Euronext Paris. This pivotal event marks a crucial chapter in the company's journey, showcasing its strength as a banktech group that specializes in regulated cross-border open banking services.

On July 14, 2026, the Cyprus Securities and Exchange Commission (CySEC) granted the potential listing a green light, facilitating Xryma's goal of achieving substantial growth through the capital markets. Beginning trading is anticipated to start on July 24, 2026, under the ticker symbol 'XRY' with a listing of 110,079,450 shares in Euros.

With its extensive capabilities, Xryma provides innovative solutions such as international transaction banking and real-time payment services, earning a reputation over the years for reliability and efficiency. The listing on Euronext Paris not only represents a major strategic advancement for Xryma but also reflects the growing prominence of Cyprus as an international business hub.

Xryma's Business Model and Growth

Xryma's operational model is robust, supporting fee-based revenues. In the last fiscal year, the group reported transactional revenues of €53.4 million, showcasing its strength in financial technology. Xryma Group managed processing volumes totaling approximately €4 billion, demonstrating its capability in handling significant financial transactions.

Takis Taoushanis, Chairman of Xryma Plc, expressed his excitement regarding the approval, stating, “This listing is pivotal for our corporate history, aligning with the high standards of transparency and governance we uphold within our operations.” This sentiment underscores the company's commitment to its stakeholders, aiming to create long-term value for customers, partners, employees, and investors alike.

Strengthened Market Position

The transition to Euronext is expected to enhance the market recognition of Xryma and improve liquidity over time. Moreover, it facilitates greater access to capital markets, fostering future growth initiatives. CEO Nikogiannis (John) Karantzis noted that Xryma effectively solves challenges presented by today’s diverse global payment landscapes. Utilizing its proprietary technology developed over the last 15 years, the organization stands out as more than just a payment services provider, asserting itself as a critical player in the finance infrastructure sector.

Karantzis remarked on the listing's potential to attract further financial institutes, contributing to the expansion of Xryma’s operations. There’s a structured plan in place to ensure collaboration with various stakeholders, enhancing their international presence significantly.

Looking Ahead

As Xryma prepares for its debut on Euronext, it is vital to recognize the pathway paved by this listing. This step creates a precedent for other Cypriot businesses aspiring for similar recognitions on global platforms. The transparency and compliance benefits ensure that partnerships—both new and existing—are bolstered in this advanced market setting.

Xryma’s commitment to innovation and efficiency within financial technology aligns with the evolving nature of banking services in the modern age. By facilitating dynamic currency conversions and immediate local payments through its PaidBy® open-banking service, it provides merchants with unique competitive advantages.

The prospectus, which will be made available on Xryma’s investor relations website, serves as a testament to the company's dedication to keeping stakeholders informed and engaged. Looking towards the future, Xryma Plc is poised for significant expansion as it navigates this exciting chapter of its corporate journey.

In conclusion, Xryma's listing on Euronext Paris is more than just a corporate milestone; it is a reflection of a robust growth strategy and an increase in Cyprus's reputation on the global stage.