DEME Group Announces Listing on Euronext Brussels – Heavy Lift News
30 Jun 2022

DEME Group Announces Listing on Euronext Brussels

DEME Group is pleased to announce it lists today on Euronext Brussels (ticker code: DEME). On this important occasion, an iconic bell ringing ceremony will be held at Euronext Brussels to mark DEME’s first day of trading on the stock exchange.

DEME’s mission is to work towards a sustainable future by offering solutions for global challenges: rising sea levels, a growing population, the reduction of emissions, polluted rivers and soils, and the scarcity of mineral resources needed for the energy transition. With more than 145 years of experience, DEME is a world leader in the fields of offshore energy, dredging and marine infrastructure, environmental remediation, green hydrogen and deep-sea minerals harvesting. DEME can rely on about 5,000 highly skilled professionals and operates one of the largest and most technologically advanced fleets in the world.

Luc Vandenbulcke, CEO DEME Group, comments: “The listing on Euronext Brussels will give the DEME Group the necessary and direct visibility to drive its strategy and ambitions forward.  It will also unlock the full potential of the Group and realise its true value. We are convinced the listing is a great opportunity for our company, our clients, investors, shareholders, and our entire team of employees. As a publicly-listed company, our goal remains to grow our geographical footprint in all segments of the DEME Group, while keeping sustainability and safety at the absolute core of our operations.”

DEME Group was admitted on Euronext Brussels (Compartment A) through the admission to trading of the 25,314,482 ordinary shares making up its equity, following the partial demerger of CFE. On December 2, 2021, CFE announced its intention to split into two separate listed entities: DEME Group (global marine solutions) and CFE (construction, multitechnics and real estate development activities). Ackermans & van Haaren will remain the majority shareholder of the two listed companies.

In 2021 DEME realised a turnover of 2.51 billion EUR and an EBITDA of 469 million EUR.

Source DEME


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