Entersoft moves from the Alternative Market to the ATHEX Regulated Market

The company enters into the ATHEX Regulated Market through a public offering of shares aiming to start a new growth cycle, which will be the next step in its already successful 18-year operation.

During the meeting on 18/2/2020, the Athens Stock Exchange approved the beginning of negotiation for the Main Market of a total of 5,000,000 of the company’s common registered shares and the increase of share capital in order to achieve its three-year investment plan through public offering, which was completed on 5/3/2020 and achieveds over-coverage by 2 times and raising of 3.8 million euros.

The company will invest the new funds in combination with its excellent liquidity, mainly in acquisitions of majority shares of up to five companies (mainly in Greece and secondly abroad), with specialized staff, know-how and products in complementary sectors to those the Group is already active and whose customer base is mainly SMEs.

With these acquisitions as well as its new products and services in which Entersoft invested during the crisis, the company intends to further strengthen the double-digit growth rates it has consistently presented over the last four years and promote its products and services more aggressively.