Zinkia: Pocoyo enlivens the Stock Market at its premiere
In its first day on the MAB (Mercado Alternativo Bursátil) it closed with a rise of 27.6%, the largest revaluation in a debut since 2007.
Pocoyo and his friends have cheered up the Stock Market today with its launch on the Alternative Stock Market. Zinkia Entertainment began the session with its shares at 1.92 euros, finally closing at 2.45. A revaluation of 27.6%, the largest in a debut on the stock market for two years. Zinkia is the first company to debut on the MAB (Alternative Stock Market), a market created to measure for SMEs that do not meet the requirements demanded by the CNMV to be listed on other more demanding markets. The Madrid production company has also become the first 'brave' to debut on the stock market in the last twelve months.
José María Castillejo, president of Zinkia, has assured that "with the launch on the market Zinkia gains in solidity and transparency, something very important in our current moment of international expansion. In my opinion, the investors who have entered the OPS will do a great deal. Behind Zinkia there is a team of more than 70 top-level professionals, a set of properties and contracts signed in territories around the world: that is our greatest guarantee of success."
For his part, the president of the MAB, Antonio Giralt, stated: "I am very pleased to welcome Zinkia to the MAB. Its incorporation shows that even in complex circumstances such as the current ones, this market is a good option for expanding companies."
In this sense, the vice president of the MAB, Jesús González Nieto, added that "with this incorporation, the MAB fulfills the two main objectives for which it was created: to provide financing to companies, in this case through a 15% increase in their capital, and to open the range of possibilities for investors to a new sector not represented until now."
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