Excem made its debut today on the Alternative Stock Market (MAB) with a rise of 1.43% to 1.42 euros per share.

As a result, Excem has become the thirteenth company to join MAB so far this year.

The company was launched on the market for growing companies at 1.40 euros, which meant that the company’s total value was 17 million euros.

As a preliminary step, the MAB board of directors had approved the incorporation of the company after analysing the information submitted by the company and after the favourable evaluation report of the Coordination and Incorporation Committee had been issued.

Excem SIR is a patrimonialist company whose main activity is the investment in urban properties of residential qualification (individual houses, segregated floors and buildings) that, after their reform and decoration, are destined to the rent of their rooms to students and young professionals.

VGM Advisory Partners is the Registered Advisor and GVC Gaesco Beka will act as the Liquidity Provider.

Replicated by   Finanzas.com