Xryma Plc says it intends to reapply within the next 12 months for admission to list on Euronext Paris (Euronext), subject to Euronext’s approval. In a notice released from Nicosia, Cyprus, the company states that it plans to establish a pre-listing liquidity facility and a price discovery process ahead of any potential admission. The announcement also indicates that the company will complete the necessary steps before submitting a formal application, with the timing and outcome dependent on Euronext’s review.
The company’s statement focuses on preparing the market mechanism that would support trading and price formation prior to a listing decision. It also clarifies that any admission to Euronext Paris is not guaranteed and requires approval. Beyond outlining its intention and process, the information provided does not indicate that admission has already been granted; rather, it describes a planned approach leading up to a future reapplication within a defined timeframe.
