Seresco will debut this year in BME Growth with a valuation of 35.53 million

MADRID, 25 Nov.

Seresco will debut this year in BME Growth with a valuation of 35.53 million

MADRID, 25 Nov. (EUROPA PRESS) -

The Asturian technology consultancy Seresco will debut this year on BME Growth at a price of 3.7 euros per share for a total capitalization of 35.53 million euros and a 'free float' of 25%.

The firm has become this Friday the thirteenth company to register an incorporation document to this selective and will have Solventis as a liquidity provider and VGM Advisory Partners as a registered advisor, as reported by BME.

The company has signed a prior 'listing' of 2.5% of its capitalization and will become the twelfth company to make the leap into this market when it debuts with the aim of diversifying its financing, increasing its own resources and strengthening its equity structure to support your growth plan.

The valuation is located in the lower part of the range estimated by the professional services firm Crowe in its valuation report on the company's shares in November, which placed the value of the company's shares between 3.46 euros and 4 40 euro.

Seresco billed 30 million euros in its last full year and has recently acquired the cybersecurity consultancy SPW.

The consultant has carried out a capital increase of 246,090 shares at 3.70 euros, of which 28,210 have been placed among employees with a 10% discount on the starting price.

The main shareholders of the firm are the Suárez family, with 66% of the capital. Among its members, the main shareholders are the CEO of Seresco, José Carlos Suárez, and its president, Antonio Suárez, with 14.74% and 11.06% of the capital, respectively.

Part of the Suárez family and María Concepción Sáenz--spouse of the CEO--have signed a parasocial agreement that includes 57.93% of the shares, to avoid the transmission of their packages until December 31, 2024 and limit to 6 % of its shareholding package any sale until the end of 2026.

Likewise, other executives of the company have 18% of the capital, a 'pool' of 89 shareholders hold another 8% and another 8% are in treasury stock, according to a statement from the firm.

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