Euronext announces the sale of Oslo Market Solutions

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Euronext announces the sale of Oslo Market Solutions

Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 04 June 2021 – 18.00 CET Euronext at this time introduced that it has accomplished the sale of Oslo Market Solutions (“OMS”) to Infront, a number one European supplier of monetary market options. OMS is a web based market information, investor relations, portfolio and buying and selling options supplier in the Nordic area and was acquired in 2019 as half of the acquisition of Oslo Børs VPS. OMS generated c. €3.3 million of income in 2020.

The sale of OMS was carried out in the context of the conclusion of a strategic evaluation initiated following the integration of Oslo Børs VPS and the resolution to divest from non-core actions.

Euronext will proceed to work in shut collaboration with OMS to proceed delivering best-in-class companies to its purchasers.

Based on Euronext 2020 full-year outcomes, the sale of OMS would account for a rise of c.+0.2 pts to Euronext EBITDA margin. This will translate in 2021 as a further price discount in comparison with the mid-single digit lower in working prices exc. D&A anticipated in 20211.

About Euronext

Euronext is the main pan-European market infrastructure, connecting native economies to world capital markets, to speed up innovation and sustainable progress. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With near 1,900 listed issuers value €5.6 trillion in market capitalisation as of finish March 2021, it has an unmatched blue chip franchise and a powerful numerous home and worldwide consumer base. Euronext operates regulated and clear fairness and derivatives markets, one of Europe’s main digital fastened revenue buying and selling markets and is the largest centre for debt and funds listings in the world. Its complete product providing consists of Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext additionally leverages its experience in working markets by offering know-how and managed companies to 3rd events. In addition to its important regulated market, it additionally operates a quantity of junior markets, simplifying entry to itemizing for SMEs. Euronext offers custody and settlement companies by central securities depositories in Denmark, Italy, Norway and Portugal.

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Disclaimer

This press launch is for info functions solely: it isn’t a advice to have interaction in funding actions and is supplied “as is”, with out illustration or guarantee of any form. While all cheap care has been taken to make sure the accuracy of the content material, Euronext doesn’t assure its accuracy or completeness. Euronext is not going to be held chargeable for any loss or damages of any nature ensuing from utilizing, trusting or appearing on info supplied. No info set out or referred to on this publication could also be thought to be creating any proper or obligation. The creation of rights and obligations in respect of monetary merchandise which can be traded on the exchanges operated by Euronext’s subsidiaries shall rely solely on the relevant guidelines of the market operator. All proprietary rights and curiosity in or related with this publication shall vest in Euronext. This press launch speaks solely as of this date. Euronext refers to Euronext N.V. and its associates. Information concerning logos and mental property rights of Euronext is out there at www.euronext.com/terms-use.

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1 2021 price steerage for Euronext was printed on 10 February 2021 in the Full Year 2020 outcomes press launch, obtainable at www.euronext.com/traders

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