Coty Secures Euronext Best Listing Award for Large Cap Category This Year

Coty, renowned globally for its extensive range of beauty brands spanning fragrance, color cosmetics, skin, and body care, has clinched the prestigious Euronext Best Listing Award in the Large Cap category at the esteemed 12th edition of the Euronext Annual Conference held in Paris on March 19, 2024.

This accolade underscores the triumph of Coty’s expansive global offering, marking the largest to date on Euronext Growth®. The company’s secondary listing on Euronext Paris proved immensely successful, raising an impressive €339.2 million. Notably, Coty’s listing stood as the 47th on Euronext in 2023 and the 11th internationally, propelled by robust interest from top-tier European institutional investors, resulting in oversubscription of the initial offer.

Sue Nabi, CEO of Coty, expressed immense pride in receiving the Best Listing Award of the year in the Large Cap category at the Euronext Stock Market Awards. She credited the achievement to the remarkable support and enthusiasm demonstrated by European investors towards Coty’s growth narrative. Nabi extended gratitude to all partners contributing to the listing’s success, emphasizing the pivotal role of the funds raised in accelerating brand reinvestment and deleveraging efforts. She reaffirmed Coty’s commitment to driving sustainable and profitable growth for shareholders through continued brand innovation and investment.

Celebrating its 120th anniversary, Coty looks forward to further bolstering its position as a global beauty leader. Returning to its Parisian origins signifies a new chapter for Coty, inviting additional European investors to partake in the company’s future growth trajectory.

The Euronext Annual Stock Market Awards, orchestrated by Euronext, serve to spotlight remarkable transactions across various sectors while advocating for market best practices. Winners in each category are chosen by an expert jury, considering both quantitative and qualitative criteria.

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