Xryma Plc Announces Plans for Re-listing on Euronext: Pre-Listing Liquidity Mechanism Details

Xryma Plc's Strategic Move for Euronext Listing



Xryma Plc has made an important announcement regarding its plans to apply for re-listing on Euronext Paris within the next twelve months. This move is contingent upon receiving the necessary approval from Euronext and relevant regulatory authorities. To facilitate this process, Xryma is introducing a pre-listing liquidity mechanism and pricing discovery process intended to create a seamless transition for institutional investors and current shareholders.

The Pre-Listing Liquidity Mechanism


As part of its announcement, Xryma will launch a pre-listing liquidity mechanism. This initiative aims to provide shareholders, especially those who wish to sell their shares before the official listing on Euronext, a simplified avenue for doing so. By establishing a structured process, Xryma seeks to ensure that current investors can sell their entire or partial equity stakes without the complications that often accompany opening a brokerage account in the European Union.

This mechanism serves several key purposes, including:
1. Facilitating Share Sales: It allows existing shareholders to sell their stakes without the need for a complex brokerage setup.
2. Creating a Clear Selling Opportunity: Shareholders will have a transparent process to divest before Xryma's potential admission to Euronext Paris.
3. Standardized Pricing: The pricing for shares sold through this mechanism will be aligned with the rate at which qualified institutional and qualified investors subscribe to Xryma's shares.
4. Market-Validated Reference Price: By conducting a private placement with these identified groups, the company aims to set a primary placement price that reflects market conditions.
5. Ensuring Orderly Trading: The intent is to enable smooth trading once the company is officially listed.

Upcoming Communications


In August 2026, Xryma plans to reach out to its shareholders with detailed explanations of the pre-listing liquidity plan, including necessary instructions and documentation. The primary placement price is expected to be determined through the upcoming placement of shares. This will also give shareholders the opportunity to set a minimum sale price for their shares, benefitting from the primary placement price less applicable commissions.

Furthermore, the offers made to shareholders may reflect adjustments based on the demand from institutional investors, allowing for partial fulfillments should the supply not perfectly meet demand. The completion of this process is conditional upon achieving adequate demand from qualified investors, ensuring a stable market should Xryma gain admission to Euronext Paris.

Voluntary Participation


Participation in this liquidity mechanism is entirely voluntary. Shareholders who choose not to sell their shares can retain their holdings. Those who prefer not to engage in the liquidity mechanism are encouraged to continue using a participating broker at Euronext or a Euroclear ESES custodian, per earlier communications.

Prominent shareholders, SCP Select All Enterprise and SCP Red 5 Solutions, have opted out of this offer and will adhere to certain selling restrictions.

Xryma's CEO, Nikogiannis Karantzis, highlighted, “Our shareholders have expressed a desire for a straightforward method to liquidate their shares without the hassle and expense associated with establishing a brokerage account in the EU. This initiative is in direct response to their feedback. We are structuring this placement to be large enough to establish a reliable reference price while minimizing dilution and prioritizing demand to accommodate selling interests.”

Conclusion


For those interested in further details about Xryma’s pre-listing liquidity mechanism and the price determination process, additional guidance is available at Xryma's Investor Relations. This strategic move positions Xryma to not only facilitate shareholder liquidity but also to enhance its market standing ahead of re-listing on Euronext Paris.

Topics Financial Services & Investing)

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