The Board of Directors of the Mercado Alternativo Bursátil (MAB) has announced the listing of NBI Bearings Europe on the Growth Companies segment of this market, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.
The company is scheduled to start trading on April 8, bringing the number of companies listed on the growth segment to 27. The listing on MAB of NBI Bearings Europe will be accompanied by a €5 million capital increase.
The company’s trading code will be NBI and trading will be through a price setting mechanism which will match buy and sell orders by means of two daily auction periods or “fixings”, at 12 hrs and at 16 hrs.
GVC GAESCO VALORES is acting as Registered Adviser and BEKA FINANCE as Underwriter and Liquidity Provider.
NBI Bearings Europe is a Spanish company that has - for more than a decade –researched, developed, designed, manufactured and marketed high performance, top-quality bearings. This has helped the company to become a solid and real alternative to the main European bearing manufacturers. The company sells its products in over 50 countries around the world, which has allowed it to become one of the main alternatives for leading machinery manufacturers operating in various industrial sectors, which seek flexibility as well as quality in terms of product and technical advice.