Latibex welcomes Neoenergia

• Iberdrola’s Brazilian subsidiary will be the 19th company to be listed on this international market for Latin American securities.

Latibex, the international market for Latin American securities operated by BME, today welcomed Neoenergia, Iberdrola's Brazilian subsidiary. The company's CEO, Mario Ruiz-Tagle, led the traditional bell ringing in the Madrid stock exchange building, where he was accompanied by Jesús González Nieto, General Manager of Latibex.

"The incorporation of Neoenergia is great news as it reinforces the role of the Latibex market as a meeting point for key Latin American companies and investors from all over Europe. We wish Neoenergia a successful future. With this company there are now twelve Brazilian companies listed on this market, which has performed particularly well so far this year", said Jesús González Nieto.

Mario Ruiz-Tagle, CEO of Neoenergia, said that "we are confident that our track record in Brazil has been built on solid financial discipline, investments in innovation and future technologies, which contribute to accelerating the digital transformation of the electricity sector in Brazil." "The listing of our shares on Latibex reinforces our commitment to sustainable and transparent management, guided by the generation of value for all shareholders," he added.

The trading code of the company, which has a market capitalisation of 21.9 billion Brazilian reais, about 4.3 billion euros, will be "XNEO".

The company will be included in the FTSE Latibex All Share and subsequently in the FTSE Latibex Brazil indices. It will also be eligible for inclusion in this market's selective index, the FTSE Latibex Top.

Photos of the bell ringing are available on this link.

Latibex was created in 1999 and is the only international market exclusively focused on Latin American securities in euros. It brings European investors closer to the Latin American region through a solid and secure market, supported by the trading and settlement platform of the Spanish stock exchange, now part of the SIX Group. After the incorporation of Neoenergia, Latibex now features twelve Brazilian companies, five Mexican, one Argentinian and one Peruvian.