Having raised €783,750 through a share capital increase and with its sights set on further growth, new partnerships and strategic acquisitions, Verallis officially began trading on the Euronext Athens Alternative Market.
The ceremony took place on Monday, 12 October, at the Athens Stock Exchange, in the presence of the company’s management and representatives of the stock market. Verallis chief executive Giorgos Dimopoulos opened the trading session.
The company’s shares began trading on Friday, 9 October, in the EN.A. Growth segment, at €0.95 a share under the ticker VRLS.
Kontopoulos: Capital markets support the next phase of growth
Welcoming Verallis’ management, Euronext Athens chief executive Giannos Kontopoulos outlined the company’s work in strategic cost management, procurement optimisation and improving operational efficiency.
Verallis has worked with around 150 clients, delivering 650 cost optimisation projects, he said. It currently serves around 50 clients and has 110 projects under way, according to the figures he presented.
He highlighted the successful completion of the share capital increase, through which the company raised €783,750 while broadening its shareholder base.
Mr Kontopoulos said Verallis’ admission to EN.A. Growth was a clear example of a company using capital markets to support its next phase of growth.
He also highlighted the opportunities created by the Greek stock market’s transition to the Euronext environment, including broader access to the European investment community.
Dimopoulos: “A 100-metre sprint with marathon endurance”
Verallis chairman and chief executive Giorgos Dimopoulos described the company’s ambition to grow quickly but sustainably.
“We want to run a 100-metre sprint with marathon endurance,” he said, setting out the strategy the company will pursue following its stock market debut.
He described the day as a milestone in Verallis’ journey, emphasising the importance of the company’s people and their contribution to its growth.
Since its founding, Verallis’ main aim has been to deliver measurable results for its clients, he said. The use of artificial intelligence now enables the company to provide even better services and expand into more business sectors.
He also referred to the development of new partnerships in Greece and abroad, signalling the company’s international ambitions.
Mr Dimopoulos also highlighted the confidence shown by new investors, saying that 30 businesspeople, three investment funds and executives of Verallis itself had participated in the share capital increase.
He said their participation was a great honour, but also a responsibility for the management team, which must meet the expectations created by the company’s new presence on the stock market.
How the capital raised will be used
Verallis issued 825,000 new shares at an offer price of €0.95, raising a total of €783,750. Following completion of the process, its share capital is divided into 4,150,000 shares, while the free float stands at 19.88%.
The proceeds will go towards strengthening the workforce, developing digital tools and artificial intelligence infrastructure, upgrading equipment and infrastructure, and funding strategic acquisitions and investments.
According to the information document, the company’s total investment programme for 2026-2029 amounts to around €1.11 million, including its contribution from equity.
Concluding his remarks, Giorgos Dimopoulos thanked the employees, the board of directors, Euronext and the partners who helped secure the listing, including Koubaras Ltd, which acted as the EN.A. adviser.
He said the stock market debut rewarded Verallis for its progress to date, but above all marked the starting point of a much longer journey.