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Syensqo to explore a potential US listing
Brussels, Belgium – February 27, 2025 - 07h01 CET
SYENSQO SA (the “Company”) today announced that its Board of Directors approved the exploration of a potential dual listing of its shares in the United States of America, in addition to its existing Euronext Brussels listing.
During this exploratory phase, the Board of Directors will assess the feasibility and potential benefits of an additional listing, including the ability to increase Syensqo's visibility and expand its accessibility to North American investors.
Syensqo will communicate its decision when the evaluation is completed.
Dr. Ilham Kadri, CEO: “As we complete our first full year of operations as a standalone company following our separation from Solvay, we are accelerating our transformation to become an even purer play specialty growth company. The Americas is Syensqo’s largest region, representing more than 40% of our sales and people, as well as being home to more than half our industrial footprint. In addition, as we expect a major part of our future growth and investments to be in this strategically important region, it makes sense for us to explore a U.S. listing, which has the potential added benefits of expanding and enhancing our investor base.”
Contacts
| Investors & Analysts | |||
| Sherief Bakr | +44 7920 575 989 | Perrine Marchal | +32 478 32 62 72 |
Safe harbor
This press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements.