The Luxembourg Stock Exchange (LuxSE) welcomed today the listing of Edify S.A., a Luxembourg-based investment company with a market capitalisation of EUR 243 million.

A total of 4,860,000 shares of Edify (LU1129894801) were admitted to trading on the Euro MTF market of LuxSE under the symbol EDIFY.

Edify S.A. was incorporated in Luxembourg in October 2014 and invests mainly in unlisted SMEs in France, Switzerland, Luxembourg and Belgium. The company was the result of a spin-off of Somfy Participations from Somfy, a French group specialised in automated controls for openings and closures in residential and commercial buildings.

The spin-off was carried out in order to separate the Somfy group’s industrial and financial activities and to increase visibility for both activities.