Alter Ego Media: Listing on FTSE Russell’s Indices

Alter Ego Media have been listed in theFTSE Russell indices Micro Cap and Total Cap, after the latter’s three-monthindicator reconstitution.

The final reconstitution of FTSE Russell’sindicators for 2025 will be finalized on June 27, 2025, following the closingof markets in the United States. Until then, updated preliminary lists, repletewith additions or removals, will be published.

During the previous reconstitution,

GEK Terna’s share had been upgraded on the Emerging Europe Large Cap. Additionally, Alumil, Austriacard, AVAX, Dimand, Evropi Holdings, Lavipharm, Noval Property, Performance and Trade Estates were added to FTSE Russell’s Micro Cap and Total Cap indices, during the last reconstitution.

A spike in interest

It is also noteworthy that in the few months since its listing on the Athens Stock Exchange (ATHEX), Alter Ego Media has not only attracted the interest from institutional investors’ portfolios, but its inclusion on the FTSE Russell indices confirms that interest is now gaining significant momentum. The development may lead to increased visibility, attracting more investors and greater liquidity for its share.

Participation in the specific indices,which are formulated and managed by FTSE Russell, one of the world’s largestproviders of stock market indices, is, in practice, equivalent to aninternational recognition and increased investment demand for the share.

At the same time, the development confirmsthat the company meets strict criteria, such as capitalization, liquidity andtransparency – elements that render it as particularly attractive forinstitutional investors. At the same time, a large number of institutionalinvestors and passive management funds (ETFs and index funds) automaticallyinvest in shares included in such indices.

Alter Ego Media conducted its initial public offering (IPO) in January 2025, with the commencement of trading of its shares on the Athens Stock Exchange coming on January 27, 2025. The public offering was oversubscribed by 11.9 times, with the issue price set at four (04) euros per share, while raising a total of 57 million euros.

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Τυχαία Θέματα
Alter Ego Media, Listing,FTSE Russell’s Indices