Melexis announces dual listing on Euronext.

Melexis, the Ypres based integrated semiconductor devices specialist for the automotive industry, announced that its mother company and major shareholder Elex will sell 8,65 million Melexis shares and Elex will repay an inter-group loan with the proceeds. The sale of shares by Elex will increase the liquidity of the stock. If the green shoe is fully exercised the shareholding of Elex will fall under 50%. Combined with the offering of those shares, Melexis, which lists on Nasdaqeurope, is planning a dual listing of its shares on Euronext Brussels. This should increase the visibility of the stock in the Belgian market.
Share
BENOEMINGEN
Philip VAN WYMEERSCH Philip VAN WYMEERSCH
Sales Manager NationalT... VOLVO TRUCKS
STIJGERS & DALERS BEL20