Oslo Bors, part of the Euronext Group, today congratulates Agilyx (ticker: AGLX) on its transfer from Euronext Growth Oslo to the main market.
This is the tenth transfer so far this year, and with this Agilyx there are 212 companies listed on the main market.
Agilyx is dedicated to help solve the problem of plastic waste with plastic recycling technology. It offers a solution for diverting plastic waste from landfills and converting it into new, valuable products. The company was the first to establish a commercial scale closed loop plastic-to-plastic chemical recycling facility and holds over 17 patents.
At opening, the share price of Agilyx was set at NOK 22.30 per share, based on the price on Euronext Growth Oslo at closing on 15 September. This corresponds to a market capitalisation of the company of approximately NOK 1.7 billion.
Tim Stedman, CEO of Agilyx, said: 'This is truly a big day for Agilyx and we are incredibly proud to be listed on the main market of Oslo Bors. As we are gaining momentum, it is increasingly important that the Agilyx share is attractive to a broader range of investors, and we know that the listing on Oslo Bors will contribute to this. We are grateful for the trust that our investors have placed in us and look forward to continuing on our mission of using technology for good to solve the global problem of plastic waste.'
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Caption: Tim Stedman, CEO of Agilyx, rang the bell this morning together with the team to celebrate the transfer of the company to Oslo Bors main market. They were welcomed by Oivind Amundsen, CEO Oslo Bors. (Photo: Christopher Fey/NTB)
About Agilyx
Agilyx is a technology company that enables customers to recycle difficult-to-recycle post-use plastics to high value, virgin-equivalent products. With a focus on diversion and conversion of plastic waste, Agilyx is uniquely positioned with a molecular recycling technology offering and an integrated feedstock solution by way of Cyclyx, an innovative feedstock management consortium of partners that drives up global plastic recycling rates by chemically fingerprinting plastic waste and matching it to appropriate recycling processes. Agilyx was the first to establish a commercial scale closed loop plastic-to-plastic chemical recycling facility and holds over 17 patents. Agilyx conversion technology utilises pyrolysis without a catalyst and can convert mixed waste plastic to naphtha and fuels or depolymerise specific plastics such as polystyrene and PMMA (acrylic) back into virgin-quality products. Learn more at www.agilyx.com
About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed issuers and around EUR5.8 trillion in market capitalisation as of end June 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe's leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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