Wind Down Of Alternext Amsterdam

RNS Number : 5861E

Sopheon PLC

11 April 2014

 



SOPHEON PLC

("Sopheon")

WIND DOWN OF ALTERNEXT AMSTERDAM

Sopheon plc, the international provider of software and services for complete Enterprise Innovation Performance solutions, announces that it has been informed by Euronext that following a strategic review, it intends to wind down the Alternext Amsterdam market by the end of the year or as soon as possible thereafter. This decision has also been announced to markets by Euronext itself.  Euronext has stated that it will consult with affected issuers to discuss a potential move to Euronext Amsterdam or to other Euronext markets.

Sopheon's Chairman, Barry Mence said:

"We are disappointed by this news, given that we moved to Alternext from Euronext little over a year ago, and were encouraged to do so. We understand that Alternext Amsterdam will remain active at least through to the end of the year. We will therefore monitor and evaluate the situation carefully, in dialogue with Euronext, before concluding on the implications and informing shareholders accordingly." 

For further information contact:

Barry Mence, Chairman	Sopheon plc	+ 44 (0) 1483 685 735
Arif Karimjee, CFO	Sopheon plc	+ 44 (0) 1483 685 735
Charlotte Stranner / Victoria Bates	finnCap	+ 44 (0) 20 7600 1658
Josh Royston / Heather Armstrong	Newgate Threadneedle	+ 44 (0) 20 7653 9850
Claire Verhagen	Citigate First Financial	+ 31 (0) 205 754 010

About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete Enterprise Innovation Performance solutions including software, expertise, and best-practices to achieve exceptional long-term revenue growth and profitability.  Sopheon's Accolade^® solution provides unique, fully-integrated coverage for the entire innovation management and new product development lifecycle.  For the first time, businesses can access a single source of the truth across strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning.  Sopheon's solutions have been implemented by over 200 customers with over 60,000 users in over 50 countries. Sopheon is listed on the AIM Market of the London Stock Exchange and on the Alternext Exchange in the Netherlands.  For more information, please visit www.sopheon.com

 

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