#Cyprus #Nicosia #Banktech #Xryma Plc #Euronext Paris

Xryma Plc Sets New Precedent with Euronext Paris Admission

Xryma Plc, a prominent player in the banking technology sector, recently announced a major milestone in its corporate journey. The company has obtained approval from the Cyprus Securities and Exchange Commission (CySEC) for its prospectus regarding the admission of its ordinary shares for trading on Euronext Paris. This decision paves the way for the company's entry into one of the largest and most recognized stock exchanges in the world.

Commencement of Trading

Trading is anticipated to begin on July 24, 2026, marking a significant leap for Xryma Plc as it enters a regulated market environment. The company is set to list a total of 110,079,450 ordinary shares under the ticker symbol "XRY". This transition signifies the company's growth trajectory and illustrates its commitment to enhancing shareholder value.

The Impact of Trading on Euronext Paris

The admission of Xryma Plc to Euronext Paris is not just a corporate achievement; it represents an increase in visibility for the company and its brand portfolio. By listing on this reputable exchange, the company aims to improve liquidity and access to capital markets, enabling it to further innovate and expand its product offerings.

CEO Nikogiannis (John) Karantzis emphasized the transformative nature of this listing, stating that "this admission will allow us to further serve our clients better and streamline global payment solutions." He noted that the structured and regulatory framework of Euronext aligns well with the operational standards presently maintained by the company.

Growing Role of Xryma Plc

Founded seven years ago, Xryma Plc has carved out a niche within the banktech sector, effectively transforming how merchants transact across different payment channels. The company boasts a robust regulated payments platform that enables smooth financial transactions while ensuring compliance with applicable standards. Its innovations extend to offering banking software and solutions to various financial institutions.

Financial Performance & Projections

In the fiscal year 2025, Xryma reported an impressive revenue generation of €53.4 million, underscoring its capacity to handle significant processing volumes. The company managed approximately €4 billion in transactions, affirming its operational robustness and industry relevance. Furthermore, its Probanx® subsidiary processed a staggering €206.7 billion in SaaS volume, demonstrating its prowess in integrating software with banking technology.

Stakeholder Benefits

The decision to become publicly traded is poised to deliver extensive benefits not only for Xryma Plc but also for its stakeholders, which include customers, partners, and employees. The company expects that the transparency of operations afforded by Euronext Paris will nurture existing partnerships while also attracting new collaborations.

Additionally, the move is anticipated to enhance capital market access, facilitating future growth avenues. The market’s influx of technology investors amplifying the shareholder base is an encouraging factor for long-term sustainability.

Acknowledgments & Future Outlook

Key members of Xryma Plc expressed gratitude towards all parties who facilitated this cross-border listing process, including CySEC and Euronext Paris. As Xryma Plc embarks on this exciting new phase, stakeholders remain hopeful about the company’s ability to adapt and thrive in a rapidly evolving financial landscape.

In summary, Xryma Plc's listing on Euronext Paris marks a pivotal moment in the banktech arena, promising to reshape the way cross-border payments are conducted while solidifying the company's standing as a leader in banking technology.

For further details regarding the newly published prospectus, interested individuals can visit Xryma's investor relations webpage. This initiative underlines not just the growth of Xryma Plc, but also Cyprus's emergence as a vibrant international business hub with a thriving financial services ecosystem.