27 October 2017
Netex to start trading on Madrid Stock Exchange
On Tuesday, October 31, Netex Learning became the first Spanish company in the e-learning sector listed on the Alternative Stock Market (MAB) after approval by the Board of Directors, once the requirements for incorporation into the segment of expanding companies have been met.
Netex has become the fortieth company to join the MAB. The company has closed a capital increase for 4.5 million euros, which puts its initial capitalisation at 16.5 million euros. Netex closed its first session in the Madrid Parquet at 1.94 euros per share, which represents a revaluation of 4.3 % compared to the 1.86 euros output.
For years, Netex has developed a clear strategy for the international recognition of its solutions. Today it is present in more than 40 countries, directly or through its channel of distributors. More than 2 million users already use our products or contract our services in Europe, USA, Asia and Latin America. Independent consultants have referred us as one of the most important companies for the innovation shown in our solutions and we have been awarded in recognised global events.
Now, with this capital increase, Netex will continue its international development by increasing its global business development strategy through the development of its channel business and entry into the US market.