Amsterdam, 9 June 2017 – Avantium, a leading chemical technology company and forerunner in renewable chemistry announces that Avantium shares (symbol: AVTX) will be included in the AScX index of Euronext as of the start of trading on Monday 19 June 2017.
This was announced by Euronext yesterday following its quarterly review of the AEX, AMX and AScX which is based on free-float adjusted market capitalization and liquidity.
The AScX index is composed of 25 funds that trade on the Euronext Amsterdam exchange and rank position 51-75 in size. The inclusion follows the listing of Avantium shares on 15 March 2017.
Tom van Aken, Chief Executive Officer of Avantium: “We are very pleased with the inclusion of our shares in the Small Cap index, shortly after our listing. Being part of this index will further raise Avantium’s profile among the investor community, improve our visibility on financial markets and we expect it to have a positive impact on the liquidity of our share.”
Avantium is a leading chemical technology company and a forerunner in renewable chemistry. Together with its partners around the world, Avantium develops efficient processes and sustainable products made from biobased materials. Avantium offers a breeding ground for revolutionary renewable chemistry solutions. From invention to commercially viable production processes. One of Avantium’s success stories is YXY technology, with which it created PEF: a completely new, high-quality plastic made from plant-based industrial sugars. Since October 2016 all YXY activities have been transferred to Synvina, the joint venture of Avantium and BASF. Avantium is also working on a host of other ground-breaking projects and provides advanced catalysis research services and systems to the leading chemical and petrochemical companies. Avantium recorded revenues of € 10.5 million in 2016. Avantium shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX), its offices and headquarters are based in Amsterdam, the Netherlands.
Marketing & Communications Officer
firstname.lastname@example.org | +31 20 586 01 32