Exosens shares rise almost 17% in Paris trading debut (updated)

Exosens SA

07/06/2024 08:31

(Updates share move in paragraph 2, adds detail in paragraphs
3-5)
       June 7 (Reuters) - Shares in French optical component
maker Exosens  EXENS.PA  rose 20% on Friday in their debut in
Paris.
    The shares traded at 23.4 euros in early trade versus a
price of 20 euros set out earlier in the week. 
    The company said it had raised about 350 million euros
following a private placement to institutional investors. 
        Exosens provides night vision tools and photo sensor
technology for defence, medical and nuclear scientific
applications. 
  
        It is deemed an strategic asset by the French government
which blocked the sale of the company to a U.S. conglomerate
four years ago.
  


 

 (Reporting by Michal Aleksandrowicz in Gdansk; editing by Jason
Neely)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))