Euroclear sells shares in Euronext’s capital to SFPIM, CDC and CDPE

On 8 March 2024, the Belgian Federal Holding and Investment Company (SFPIM), the French Caisse des Dépôts (CDC) and the Italian CDP Equity (CDPE) announced to have acquired from Euroclear respectively 2,142,126, 535,531 and 535,531 shares in the share capital of Euronext NV (Euronext), representing respectively 2.0%, 0.5% and 0.5% of the share capital of the company. Settlement of the transactions took place on 8 March 2024. SFPIM, CDC, CDPE and Euroclear are parties to the reference shareholders’ agreement relating to Euronext as extended and amended on 29 April 2021 (the “RSA”).

SFPIM increased its stake in the share capital of Euronext to 5.2%, becoming the third largest party to the RSA after CDPE (7.8%) and CDC (7.8%) and reinforces its position to support this pan-European company, along with the other reference shareholders.

SFPIM, CDC and CDPE stressed the importance of a stable European investor base for Euronext, anchoring in Europe this strategic financial market infrastructure platform which provides access to financing for companies all over the world. Euroclear is pleased to have been able to sell its shares to long-term shareholders committed to Euronext’s strategy through their participation in the reference shareholders’ agreement.

The Federal Holding and Investment Company (SFPIM) is the Belgian Sovereign Wealth Fund. SFPIM invests to help Belgian related companies, SME as well as scale-ups, to become a reference in their industry by providing smart capital solutions. SFPIM also aims to safeguard the long-term stability of the Belgian economy by contributing to the anchoring of strategic assets in both promising and established companies or ecosystems. SFPIM invests in a wide range of companies and funds embracing both historical sectors (such as lifesciences & healthcare, finance and aeronautics) as well as new and thriving sectors (such as energy & utilities, transport & mobility and impact investing).

Caisse des Dépôts and its subsidiaries form a public long-term investor group serving the general interest and economic development of local areas. It combines five areas of expertise: social policy (pensions, professional training, disability, old age, health), asset management, monitoring subsidiaries and strategic shareholdings, business financing (with Bpifrance) and Banque des Territoires.

CDP Equity is the equity investment company of Italian National Promotional Institution Cassa Depositi e Prestiti, with the mission of pursuing the equity strategy of the Group both directly, through investments in Italian companies of national strategic interest capable of generating value in the long term, and indirectly, through asset management companies operating in various sectors of the Italian economy.

Euroclear group is the financial industry’s trusted provider of post trade services. Guided by its purpose, Euroclear innovates to bring safety, efficiency and connections to financial markets for sustainable economic growth. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives, and investment funds. As a proven, resilient capital market infrastructure, Euroclear is committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise. The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International.