Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 16 May 2019 – Euronext, the leading pan-European exchange, announced today that its shareholders unanimously voted in favour of Euronext’s acquisition of up to 100% of Oslo Børs VPS’s capital during the General Meeting of Shareholders held on 16 May 2019 in Amsterdam. Shareholders’ approval was the last major condition to complete the transaction, since most of the other condition precedents highlighted in Euronext’s offer document were already met, including the clearance received from the Norwegian Ministry of Finance. Euronext expects to meet the remaining customary conditions described in its offer document available on www.euronext.com and close the transaction before the end of Q2 2019. Defined terms with capital letters herein have the meaning as in Euronext’s Offer Document published on 14 January 2019 and available on www.euronext.com.

Q1 2019 RESULTS BOLSTERED BY ACQUISITIONS AND STRONG OPERATING PERFORMANCE

Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 15 May 2019 – Euronext, the leading pan-European exchange in the Eurozone with 1,300 listed issuers, today announces its results for the first quarter of 2019.

• Q1 2019 revenue at €152.6 million (+1.4%^[1]):
  • Improved Group revenue diversification with contribution from Euronext Dublin of €7.9 million (consolidated since Q2 2018) and Investor Services (Commcise) of €1.1 million (first quarter of consolidation)
  • Listing revenue at €28.0 million (+28.1%) driven by the consolidation of Euronext Dublin and the expansion of Euronext’s Corporate Services franchise to €5.1 million (+39.6%)
  • Cash trading revenue at €48.3 million (-13.3%), with solid market share reaching 66.1% in Q1 2019 and yield at 0.53bps (+1.9%) in an environment of low volumes (Cash ADV at €7.2bn, -16.9%)
  • Spot FX trading revenue at €5.8 million (+10.4%) due to improved market share, revenue capture and positive exchange rate impact
  • Advanced Data Services[2] revenue at €30.8 million (+3.8%)
  • Group non-volume related revenue accounted for 47% of total revenue in Q1 2019, and covered 114% of operating expenses excluding D&A
• Q1 2019 EBITDA at €89.3 million (-3.0%), with EBITDA margin at 58.5%:
  • Group operating costs excluding D&A up (+8.2%) impacted by the integration of Euronext Dublin and the consolidation of Commcise, partially offset by control of operating costs and the impact of IFRS 16
  • €6.7 million run-rate cost synergies from Euronext Dublin, following the migration to the Optiq® trading platform on 4 February 2019, less than a year after closing
• Q1 2019 adjusted EPS at €0.87[3] (-1.7%). Net income, reported, share of the Group, at €56.1 million (-6.6%):
  • €3.3 million of exceptional items partially offset by improved net financing income, results from equity investments and lower tax rate

Continued geographical expansion and revenue diversification

• Euronext received clearance from the Norwegian Ministry of Finance to acquire up to 100% of Oslo Børs VPS’s capital on 13 May 2019, and expects to complete the transaction before the end of June 2019, once Euronext’s shareholders’ approval is obtained on 16 May 2019
• After completion of the transaction, Oslo Børs VPS will contribute to the Group revenue diversification thanks to over 80% of non-volume related revenue
• Expansion of Euronext FX in Asia with new office and the set-up of a matching engine in Singapore, expected to be live in Q4 2019
• Broadening of offering to Investor Services (Commcise) and strengthening of Corporate Services

Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext, said:

“In Q1 2019, Euronext Group’s revenue grew thanks to a successful acquisition and revenue diversification strategy and despite an environment of subdued volumes. Euronext’s EBITDA margin reached 58.5% in Q1 2019, in a context of consolidation of new businesses.

The first quarter of 2019 has been marked by the ongoing integration work of Euronext Dublin leading to its successful migration to the Optiq® trading platform on 4 February with, as of February 2019, €6.7 million of costs synergies delivered.

Euronext received on 13 May 2019 clearance from the Norwegian Ministry of Finance to acquire up to 100% of Oslo Børs VPS’s capital. After the approval of Euronext’s shareholders expected on 16 May 2019, completion of the transaction for Oslo Børs VPS is planned by the end of June 2019. Euronext will present its strategic plan, with 2022 financial guidance, in October 2019.”

Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 13 May 2019 – Euronext, the leading pan-European exchange, welcomes the clearance from Norway’s Ministry of Finance to acquire  up to 100% of Oslo Børs VPS’s capital, as applied for. Reaching this critical milestone, Euronext confirms its intention to complete the transaction by the end of June 2019.

Euronext has already secured a majority of the capital of Oslo Børs VPS (53.4 %) including irrevocable pre-commitments, shares tendered to the Offer, and directly owned shares. This satisfies the 50% minimum ownership condition of its offer, as described in its offer document available on www.euronext.com.

The Ministry’s decision was one of the last major conditions to complete the transaction.

Euronext’s shareholders have been asked to approve the transaction at the general meeting convened on 16 May 2019, and Euronext’s reference shareholders, who represent 23.86% of the capital, have confirmed their joint support for the transaction.

Euronext is strongly convinced of the benefits that its combination with Oslo Børs VPS would bring to all Norwegian stakeholders. It has a strong track record of pan-European and decentralised independent market infrastructure management. Euronext’s model, capitalising on local strengths, identity and vibrant markets, fuels its ambition to finance the real economy, especially SMEs, by providing them with access to the largest liquidity pool in Europe. Euronext will be fully committed to the further development of Oslo Børs VPS, both its stock exchange and the Central Securities Depository (CSD, known as `VPS`), through a client-centric plan benefitting all parties of the Norwegian financial community. Euronext will act accordingly to preserve and develop the specific contribution of Oslo Børs VPS to the Norwegian economy including the Equity Capital Certificates market, the Fish Pool market located in Bergen, the high yield bond market and a seamless efficient listing platform.

Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext said: “Euronext welcomes the Ministry’s clearance to acquire up to 100% of Oslo Børs VPS’s capital and look forward to completing the next steps to close the transaction by the end of June 2019. As part of the Euronext family, Oslo Børs VPS will continue to be a strong and leading Nordic exchange and CSD, and a hub for Euronext’s ambitions in the region. Euronext looks forward to supporting the Norwegian financial and business community, to working constructively with all key constituents and stakeholders to further drive the success of Oslo Børs VPS.”

Defined terms with capital letters herein have the meaning as in Euronext’s Offer Document published on 14 January 2019 and available on www.euronext.com.

Contacts:

Media 
Pauline Bucaille: +33 1 70 48 24 45; mediateam@euronext.com

Analysts & investors
Aurélie Cohen: +33 1 70 48 24 17; ir@euronext.com

Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 07 May 2019 – Euronext, the leading pan-European exchange in the Eurozone, today announced trading volumes for April 2019.

• Cash trading

In April 2019, the average daily transaction value on the Euronext cash order book stood at €7,413 million, down -5.9% compared to April 2018 and down -4.0% from the previous month.

The average daily transaction value on the ETF order book was €200 million, down -17.8% compared to April 2018 and down -7.1% from the previous month. At the end of April 2019, 1,178 ETFs were listed on Euronext compared to 1,150 at the end of December 2018.

• Derivatives trading

In April 2019, the overall average daily volume on derivatives reached 585,386 contracts, up +2.0% compared to April 2018 and down -2.0% compared to the previous month. In detail:

• the average daily volume on equity index derivatives reached 217,075 contracts, up +3.5% compared to April 2018 and down -7.1% from the previous month,
• the average daily volume on individual equity derivatives reached 318,782 contracts, up +4.6% compared to April 2018 and up +0.1% from the previous month,
• the average daily volume on commodity derivatives reached 49,529 contracts, down -16.8% compared to April 2018 and up +8.7% from the previous month.

Year-to-date, the overall average daily volume on Euronext derivatives stood at 585,751 contracts (-0.7% compared to 2018 YTD) and the open interest was at 17,421,316 contracts (-4.7% compared to the end of April 2018).

• FX spot trading           

In April 2019, the average daily volume on the spot foreign exchange market of Euronext FX[1], operating as a Euronext company since August 2017, stood at $16,021 million, down -17.3% compared to April 2018 and down -23.9% from the previous month.

• Listings

In April 2019, €4.4 billion were raised in follow-on equity of which a €567 million public offer from Ramsay Generale de Santé to finance the acquisition of Swedish competitor Capio. A total of €119.7 billion were raised on Euronext in bonds, of which seven green bonds listed for a total amount exceeding €2 billion.

Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 6 May 2019 – Euronext, the leading pan-European exchange, announces today that it is amending its Offer to acquire Oslo Børs VPS’s outstanding shares by extending the Acceptance Period thereof. As a result, Euronext will continue to receive and accept acceptances of the Offer up to 31 May 2019 at 18:00 Central European Time. All other terms of its Offer as revised remain unchanged.

As previously announced on 8 April 2019, Euronext received the Norwegian Financial Supervisory Authority's (Finanstilsynet) advice to the Norwegian Ministry of Finance, recommending that Euronext should be approved as a suitable owner of up to 100% of the capital of Oslo Børs VPS, as applied for, without ownership or other restrictions. Euronext currently awaits final approval from the Norwegian Ministry of Finance that is expected mid-May 2019.

Euronext also reconfirms that it will ensure that all remaining shareholders will get an opportunity to tender their shares to Euronext on the same terms in connection with or following such final regulatory approval and fulfilment of all offer conditions, through an extended, new or re-opened offer.

Defined terms with capital letters herein have the meaning as in Euronext’s Offer Document published on 14 January 2019 and available on www.euronext.com.