Brederode debut on the Luxembourg Stock Exchange

en

The Luxembourg Stock Exchange (“LuxSE”) welcomes on 21 July 2014 the listing of Brederode S.A., a leading Luxembourg-based investment company.

<< Back
18/07/2014 |
  • Bourse de Luxembourg

This listing strengthens the position of Luxembourg as a leading domicile venue for investment companies and funds and shows the ability of the Luxembourg Stock Exchange to efficiently support this industry

Hubert Grignon Dumoulin, Member of the Management Board of the Luxembourg Stock Exchange

The firm, with a market capitalisation of EUR 847 million, makes strategic investments in both public and private companies, with focus on Western Europe and the United States. Recent transactions in listed companies include investments in Americans Mastercard and Intel. As of the end of December 2013, Brederode’s portfolio had a total value of EUR 1.1 billion.

Brederode decided to merge in May 2014 with Luxembourg-based Acturus S.A. The merger was part of a group reorganization aiming at rationalising and optimising the management of Brederode’s holding company Holdicam by centralising in Luxembourg the administration and management of its financial assets. The company’s goal is to increase the assets of its shareholders by generating not only dividends but also, and above all, capital gains from the disposal of holdings on a recurrent basis.

“We want to congratulate Brederode for its successful listing” said Hubert Grignon Dumoulin, Member of the Management Board of the Luxembourg Stock Exchange. “This listing strengthens the position of Luxembourg as a leading domicile venue for investment companies and funds and shows the ability of the Luxembourg Stock Exchange to efficiently support this industry.”

A total of 29,305,586 shares of Brederode (ISIN LU1068091351) will be admitted to trading on the regulated market of LuxSE under the symbol BREL on Monday.

Back to top  | << Back

Communiqués liés

BIL PLM hd 2
24/04/2024

2023 : une année de transition et de transformation

Lors de l’Assemblée générale qui s’est tenue le 24 avril 2024, les acti...

BIL
Cargolux
24/04/2024

Cargolux posts profit for 2023

The Cargolux Group (Cargolux) generated a positive net result for its 2023 finan...

Cargolux
Gcore Recognised as Highly Commended in the Industry Innovator Category at the EMEA NVIDIA Partner Network Awards
23/04/2024

Gcore Recognised as Highly Commended in the Industry Innovat...

Gcore acknowledged for successful launch of first AI speech-to-text solution for...

GCore
Deloitte Luxembourg MOMENTUM2024
22/04/2024

MOMENTUM 2024 drives sustainable solutions forward

Deloitte’s annual MOMENTUM Conference fosters a dynamic exchange between indus...

Deloitte
IMG 3541
18/04/2024 Personnalités

Nouvelle recrue au service client de NO-NAIL BOXES : Nadine ...

NO-NAIL BOXES, le fabricant luxembourgeois de caisses pliantes en bois contrepla...

NO-NAIL BOXES
download
16/04/2024

Réseau ETRE est le nouveau lauréat du Degroof Petercam Fou...

Réseau ETRE remporte la sixième édition du Degroof Petercam Foundation Award....

Degroof Petercam

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more