AmRest logo on background AmRest logo on background
14-11-2018

AmRest will be listed on the Spanish Stock Exchanges on November 21

AmRest (WSE: EAT), a leading European multi-brand restaurant, digital and foodservice platform, plans to start trading on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges as of next Wednesday, November 21, once it obtains the required authorization from the Spanish Market regulator (CNMV).

The company continues to successfully fulfil the commitments acquired with its shareholders, through a unique growth profile in recent years and a foreseeable business performance. In fact, the financial markets have shown their support for AmRest through the good reception with which they received the capital increase on October 11 and the exceptional performance of their shares in the last five years, during which they have increased by 4x.

Therefore, AmRest currently has a market cap of 2.1 billion euro and a price per share of ca. 9.6 euros (12/11/2018), after the recent 1 to 10 split the company carried out on October 3, with the aim of increasing the liquidity of company shares.

José Parés, chairman of the company's board, stated: "At AmRest we are excited about our debut in Spain. After the transfer of our headquarters to Spain, we are convinced that this movement will allow us to reach new markets and investors, expand our shareholder base and gain acknowledgement in Western Europe. We want to continue growing and extend the opportunity to invest in AmRest to more and more shareholders."

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AmRest will be listed on the Spanish Stock Exchanges on November 21

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