X-FAB Receives “IPO of the Year” AwardNEWS, Tessenderlo, Belgium, January 30, 2018.
On the occasion of the 2018 Euronext Annual Stock Exchange Conference, X-FAB Silicon Foundries SE today received the “IPO of the Year” award in the category large caps at an awards ceremony taking place in Paris. The award honors the successful Initial Public Offering of X-FAB, the company’s post-IPO performance and the significance of the listing for the Paris stock exchange.
X-FAB is listed at Euronext Paris since the 6th of April 2017. In total, the IPO raised EUR 426.4 million. The group of advisors included BNP PARIBAS, HSBC, Credit Suisse, ODDO & Cie as well as Commerzbank as underwriters, Linklaters as legal advisor and KPMG as auditor.
“For Europe to play a leading role as a global innovator, a stock market supporting the European high-tech industry is essential for building sustainable success,” said Rudi De Winter, CEO of X-FAB group. “Euronext Paris proved to be the perfect choice for X-FAB, and I am very proud to receive this award today, representative for all those who have contributed. I would like to highlight the great advisory work provided by the banks, our lawyers and auditors to keep a very tight timeline and to make the X-FAB IPO a success.”