05.11.2014 18:38:07
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ARTPRICE.COM to join EnterNext©PEA-PME 150 Index
ARTPRICE.COM will be among the 150 companies in the new EnterNext©PEA-PME 150 Index to be launched on 17 November 2014.
This new index is part of a family of EuroNext Indices created to promote investment in small, medium and intermediate companies (SMEs and ETIs -Entreprises de taille intermédiaire) via share savings plans (PEAs -Plan d'épargne en actions- in France) and to raise investor awareness of this segment of the economy. The initiative also aims to meet financial industry demand for the creation of a benchmark for the medium-sized companies eligible for share-plan investment. The Index's sector diversity will make it an unavoidable investor reference for the most liquid SMEs on the stock market.
According to thierry Ehrmann, the CEO and founder of Artprice, "this index will enhance Artprice.com's visibility to a new population of investors, exactly as Euronext described in its communiqué of 3 November 2014."
The composition of the index:
This new index, EnterNext© PEA-PME 150, is composed of 150 French companies supported by EnterNext, listed on the Paris Euronext and Alternext indices and among the 80% most liquid SMEs eligible for share-plan investment.
It is part of a family of Euronext indices dedicated to share-plan SME investment, an initiative launched by the French government to promote the investment of France's national savings in shares and thereby contribute to the development of SMEs and ETIs.
The selected companies will be ranked by their capital free float which may not exceed 2.5% of the index's total capitalisation. There is also a sector limit of 20%.
The index will be revised once a year and its weighting reviewed on a quarterly basis.
As of 17 November 2014, investors will have access to a full list of the companies in the new index on the EuroNext website.
The creation of the index also responds to industry requests for SME benchmarks. Its sector diversity will make it a valuable reference for investors wishing to play the most liquid listed SMEs.
According to Anthony Attia, the CEO of Euronext Paris, "The new EnterNext©PEA-PME 150 index is part of our ongoing efforts to help SMEs secure financing and our strategy of developing Euronext as a place to raise capital. We hope this new tool will shine a fresh light on French SMEs and support the development of PEA-PME savings accounts."
Eric Forest, Chairman and CEO of EnterNext, said: "This index was developed in close collaboration with asset management companies and offers investors a benchmark for assessing the performance of French companies eligible for PEA-PME savings accounts. It will also help raise the profile of these 150 French companies-all covered by EnterNext-with the investment community."
http://www.artprice.com ©1987-2014 thierry Ehrmann
About Artprice:
Artprice is the global leader in art price and art index databanks. It has over 30 million indices and auction results covering more than 550,000 artists around the world. Artprice Images(R) gives unlimited access to the largest Art Market resource in the world: a library of 108 million images or prints of artworks from the year 1700 to the present day, along with comments by Artprice's art historians.
Artprice permanently enriches its databanks with information from 4,500 auctioneers and it publishes a constant flow of art market trends for the world's principal news agencies and approximately 6,300 international press publications. For its 3,200,000 members (members log in), Artprice gives access to ads posted by members. This space represents the world's leading Standardised Marketplace® for buying and selling art. These sales take place under two systems: either fixed price sales or auction-sales (regulated by paragraphs 2 and 3 of Article L 321.3 of the French Code of Commerce).
Artprice is listed on the Euronext Paris SRD L.O. (Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF)
Press Releases:
http://serveur.serveur.com/press_release/pressreleaseen.htm
The 2013/2014 Contemporary Art Market Report is now online:
http://imgpublic.artprice.com/pdf/artprice-contemporary-2013-2014-en.pdf
Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos
http://goo.gl/mwsqp
https://vimeo.com/87859684
http://twitter.com/artpricedotcom
https://www.facebook.com/artpricedotcom
Contact : Josette Mey : e-mail : ir@artprice.com
Press release (PDF)This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ARTPRICE COM via Globenewswire
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