Euronext Nv · EURONEXT:ENX
Euronext Nv — Merger or Acquisition (February 2019)
17 slides from Euronext Nv's merger presentation, Feb 11, 2019
Slide 1: Oslo Børs VPS with Euronext: Creating a Leading Nordic Player
OSLO BØRS VPS WITH EURONEXT CREATING A LEADING NORDIC PLAYER - A COMBINATION FOR GROWTH Oslo 11 February 2019
Slide 2: Euronext reaffirms its commitment to complete Oslo Børs VPS acquisition and improves its offer
EURONEXT REAFFIRMS ITS COMMITMENT TO COMPLETE OSLO BØRS VPS ACQUISITION AND IMPROVES ITS OFFER Strong Irrevocable pre- support 50.5% commitments1) for 5.3 % from majority of of capital secured following an invitation 45.2% of direct ownership Oslo Børs from Oslo Børs VPS of capital 4th largest VPS s
Slide 3: What is Euronext? Family of six local European markets
WHAT IS EURONEXT? FAMILY OF SIX LOCAL EUROPEAN MARKETS GROWING AND THRIVING TOGETHER Euronext historical presence Euronext recent Tech hub expansion Regulated markets 6 local markets, with CEOs of each country Technology center Sales office seating at the Group Managing Board Headquarters A multi-na
Slide 4: What is Euronext? An agile group with strong financial resources
WHAT IS EURONEXT? EURONEXT IS AN AGILE GROUP WITH STRONG FINANCIAL RESOURCES Strong performance since IPO… €597m of revenue In €m 597,4 518,5 532,3 496,4 458,5 58% EBITDA margin 346,0 283,8 283,9 297,8 57,9% 54,7% 57,2% 55,9% 191,4 836 employees 41,7% 2014 2015 2016 2017 LTM Q3'18 Revenue EBITDA Mar
Slide 5: What is Euronext? An expertise-driven company empowering talents
WHAT IS EURONEXT? AN EXPERTISE-DRIVEN COMPANY EMPOWERING TALENTS AND INITIATIVES Shape the future ▪ Participative approach to the strategic plan design ▪ Client centricity ambassadorship ▪ Corporate values created and rolled out by employees ▪ Innovation contests and labs ▪ Local and global careers
Slide 6: Welcoming local exchanges to Euronext family: Dublin
WELCOMING LOCAL EXCHANGES TO EURONEXT FAMILY DUBLIN ALREADY REAPING THE BENEFIT FROM JOINING One year ▪ Reinforced attractiveness for Irish companies, especially for SMEs after acquisition, ▪ Firmly established as the group Centre of Excellence for Debt and Funds the Irish listings and ETFs Stock ▪
Slide 7: Maintaining and leveraging local strengths (1/2)
OSLO BØRS VPS WITH EURONEXT MAINTAINING AND LEVERAGING LOCAL STRENGTHS (1/2) Current strengths + Value-added Vibrant SME market with a wide range Access to the deepest of listing options for Norwegian ✓ Unchanged liquidity pool in Europe and companies to Optiq® trading platform Leading international
Slide 8: Maintaining and leveraging local strengths (2/2)
OSLO BØRS VPS WITH EURONEXT MAINTAINING AND LEVERAGING LOCAL STRENGTHS (2/2) Current strengths + Value-added Central Securities Depository VPS independent from the exchange ✓ Unchanged Further investment in VPS technology Strong relevance of company names of Oslo Børs and VPS for clients ✓ Unchanged
Slide 9: Oslo Børs VPS as Euronext's development hub
OSLO BØRS VPS TO BECOME THE 3RD LARGEST REVENUE CONTRIBUTOR AND A PILLAR OF THE GROUP FOR FURTHER EXPANSION + US Ireland Belgium 3 % 2 % 5% Portugal 5% France Oslo Børs VPS as 46 % Euronext’s Norway 15 % ~€705m1) development hub Total revenues for combined and launchpad for entity expansion in the N
Slide 10: Prominent place for Oslo Børs VPS in an open and decentralised governance model
PROMINENT PLACE FOR OSLO BØRS VPS IN AN OPEN AND DECENTRALISED GOVERNANCE MODEL Euroclear 1 8.0% Caisse des Dépôts et Consignations 1 6.0% SFPI 1 4.5% Norwegian representatives Euronext’s Norges Bank >2.0% of the financial eco-system Shareholders BNP Paribas Group 1 2.2% welcome to join Euronext (se
Slide 11: Euronext's ambition for a leading Nordic exchange and our hub for further expansion
EURONEXT’S AMBITION FOR OSLO BØRS VPS A LEADING NORDIC EXCHANGE AND OUR HUB FOR FURTHER EXPANSION Key enablers State-of-the-art Decision making by Broader range of technology leading to local teams near services for SMEs and enhanced clients and partners large companies international visibility Powe
Slide 12: Next step: regulatory clearance
NEXT STEP: REGULATORY CLEARANCE ▪ Concurrently to the launch of the Offer on ▪ Euronext has been approved as suitable to 14 January 2019, Euronext submitted its operate regulated markets in each of application to the Norwegian Financial these six countries Supervisory Authority (Finanstilsynet) ▪ No
Slide 13: Concluding remarks
CONCLUDING REMARKS • Our improved offer demonstrates our commitment to making Oslo Børs VPS a leading Nordic exchange. • Oslo Børs VPS is already a success. We want to see it grow further. • Issuers trading in Oslo will remain just as visible as before, and the local market will be just as vibrant a
Slide 14: Appendix
Appendix
Slide 15: Oslo Børs issuers and investors would have access to the largest liquidity pool in Continental Europe
OSLO BØRS ISSUERS AND INVESTORS WOULD HAVE ACCESS TO THE LARGEST LIQUIDITY POOL IN CONTINENTAL EUROPE • The Single Order Book, a unique gateway for investors and liquidity to access our markets • >5,000 active institutional investors Issuers • ~180 market members, of which a lot of new members could
Slide 16: Norwegian SMEs would benefit from strong exposure to international and educated investors
NORWEGIAN SMES WOULD BENEFIT FROM A STRONG EXPOSURE TO INTERNATIONAL AND EDUCATED INVESTORS THANKS TO EURONEXT FRANCHISE €40bn +1,200 #1 listing venue 950+ Active institutional Equity raised by SMEs for SMEs in Listed SMEs(1) since January 2013 investors on the SME Europe segment ▪ Involve all the a
Slide 17: Disclaimer
DISCLAIMER This presentation is for information purposes only and is not a recommendation to engage in investment activities. The information and materials contained in this presentation are provided ‘as is’ and Euronext does not warrant as to the accuracy, adequacy or completeness of the informatio