DJ VAZIVA ANNOUNCES THE LISTING OF ITS STOCKS ON EURONEXT GROWTH®PARIS
VAZIVA SA
VAZIVA ANNOUNCES THE LISTING OF ITS STOCKS ON EURONEXT GROWTH®PARIS
13-March-2024 / 08:00 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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VAZIVA ANNOUNCES THE LISTING OF ITS STOCKS
ON EURONEXT GROWTH®PARIS
Paris, March 13, 2024 8:00 a.m. - VAZIVA (ISIN CODE FR0014007T10 - ALVAZ), groundbreaker in the dematerialization of
social endowments, announces that it has received approval from the EURONEXT Listing Board to transfer its shares from
EURONEXT Access TM Paris to the EURONEXT Growth® Paris market. Shares will be traded on the EA compartment (private
placement) of EURONEXT Growth® Paris from March 15, 2024.
Vaziva, the fintech of personalized social endowments
Founded in 2016, Vaziva is a Fintech boutique operating in the trendy employee benefits sector, and more specifically
in the field of social grants vouchers, vacation vouchers and lunch vouchers, mandatory in French SME and blue chips.
In the midst of a digital revolution, the gift, vacation and lunch voucher market in France represents roughly EUR18.1
billion every year for 30.6 million employees spread across 90,000 work councils 1.
As a privileged partner of work councils (CSE in French), Vaziva has developed a 360-degree offer combining
technological innovation and a multi-endowments Mastercard payment card that adapts to employees' consumption needs.
By 2023, Vaziva have reported annual sales of EUR25.6 million, up sharply by 79% on 2022. By December 31, 2023, the
fintech had a portfolio of more than 500 corporate customers for 200,000 active cards usable in Mastercard's
international network of 34 million merchants. Vacation endowments will generate sales of EUR13 million, up 85% on 2022.
Social endowments posted sales of EUR12.6 million (+72%). Vaziva has also considerably increased its share of key account
business, which now accounts for 43% of sales, compared with 25% in 2022.
Vaziva plans to accelerate its development in new markets, strengthen its teams and continue to innovate in its
solutions for dematerializing social benefits.
A new stock market milestone
The transfer to Euronext Growth® Paris aims to give Vaziva access to a market more appropriate to its size and market
capitalization, with a regulatory framework tailored more closely to SMEs.
The transfer will also enable Vaziva to:
-- Benefit from the dynamics and visibility offered by Euronext Growth® Paris, while keeping related
overheads under control;
-- Foster a high-quality relationship with shareholders and investors, thanks to the Company's presence on a
more convenient market;
-- Access to new ways of financing the Company.
Terms and conditions of operation
In conjunction with the transfer of VAZIVA shares from the EURONEXT Access TM Paris market to the EA listing group
(private placement) on EURONEXT Growth® Paris, VAZIVA is not issuing any new shares or placing any existing shares.
Listing procedure: Technical admission
Number of shares: 2,482,600
Number of shares sold/issued on admission: not applicable
Par value of shares: EUR1.00
ISIN Code: FR0014007T10
Mnemonic Code: ALVAZ
LEI: 9845002D36B3RTD9CF54
Transfer and paying agent: Financière d'Uzès
Listing Sponsor: Euroland Corporate
The timetable for the transfer of the listing market is as follows:
March 11, 2024
-- Notification by Euronext of the decision to list the shares on Euronext Growth® Paris
March 13, 2024
-- Publication of a Euronext notice announcing the delisting of Vaziva's ordinary shares from Euronext
Access TM
-- Publication of a Euronext notice announcing the listing of Vaziva's ordinary shares on Euronext Growth®
Paris
-- Issuance of a press release by the company and publication of the information document online.
March 15, 2024
-- Delisting of Vaziva's ordinary shares from Euronext Access TM (before market opening)
-- Admission of Vaziva's ordinary shares to Euronext Growth® Paris (at opening)
Investment memorandum available
Copies of this Information Document are available free of charge from the Company's headquarters at 31-35, rue de la
Fédération 75015 Paris, and in electronic form on the Euronext website (www.euronext.com) and on the Company's website
(https://www.vaziva.group).
Risk factors
The public's attention is drawn to chapter 3 "Risk factors" of the Investment memorandum, approved by Euronext.
Patrick Berthé, CEO and Founder of Vaziva, comments: "We are delighted with this transfer to Euronext Growth® Paris,
which marks an important step in our development strategy. As a pioneer in the dematerialization of employee benefits,
Vaziva is attracting growing interest for its customized solutions that meet the evolving expectations of companies in
terms of employee benefits. We are confident in our ability to attract new investors and strengthen our financial
resources to support now our international expansion."
Partners of the whole operation
EuroLand Corporate
Listing Sponsor
Kramer Levin
Avocat conseil
CapValue
Agence de communication financière
About Vaziva
Vaziva is the new-generation issuer of vacation vouchers, gift vouchers and lunch vouchers on the 1st Mastercard®
managed multi-transaction smart payment card for Works Councils, Human Resources (HR), companies and public bodies.
This card can be used on the international Mastercard® network. The Vaziva Mastercard® integrates artificial
intelligence [AI] to manage social endowments according to employees' expenses AND endowments regulated typology.
LINK UP WITH VAZIVA SUR ON SOCIAL NETWORKS
CONTACTS
VAZIVA
Christophe KOURDOULY
@ christophe.kourdouly@vaziva.com
CAPVALUE
Dina MORIN
@ dmorin@capvalue.fr
01 80 81 50 00
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Regulatory filing PDF file
File: VAZIVA - PR admission Euronext Growth - 130324
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Language: English
Company: VAZIVA SA
31 RUE DE LA FEDERATION
75015 Paris
France
Phone: 0672941282
E-mail: contact@vazivacard.com
Internet: www.vazivagroup.com
ISIN: FR0014007T10
AMF Category: Inside information / Other releases
EQS News ID: 1857241
End of Announcement EQS News Service
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1857241 13-March-2024 CET/CEST
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March 13, 2024 03:00 ET (07:00 GMT)
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