First listing on Alternext disappointing

Jobs agency The Member Company (TMC) today became the first company to get a listing on Amsterdam’s new Alternext index which focuses on small firms.

However, despite earlier talk of raising €10m, TMC issued some 500,000 shares at €12.75 a share, generating €6.4m. ‘It is disappointing because Dutch investors are not so aware of an alternative exchange like Alternext,’ said a spokeswoman. ‘That is partly why we floated a limited number of shares.’ TMC’s current shareholders still hold 85% of the company.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation