The strong demand for Irish shares during 2013 continued into H1 2014, according to new statistics published today by the ISE. The number of trades, 2.2m, was an increase of 32% on the same period in 2013.
The ISE has reported pre-tax profits of €7.2m for 2013, a 15% increase on 2012 (2012: €6.3m). Revenues were 12% higher at €22.9m (2012: €20.4m).
Mainstay Medical has today raised €18m on its flotation on the Irish market and commenced trading with a market capitalisation of €90m. It is the first company on the ESM to have a dual quotation with Euronext Paris.
Irish Stock Exchange (ISE) statistics released today show the ISEQ Overall index had a strong start to 2014, increasing by 10%, one of the best performing indices in Europe in Q1.
Irish Residential Properties REIT plc (“the REIT”), the first residentially focused REIT to list in Ireland, commenced trading on the ISE today. The REIT raised €200m from Irish and international investors.
The ISE has formed a new corporate structure and has become a public limited company: The Irish Stock Exchange plc. All operations, services and processes are now being undertaken by the new entity.
Dalata Hotel Group (Dalata), the largest hotel operator in Ireland, has today joined the ISE raising €265m. Dalata operates 40 hotels, totaling over 6,100 rooms, with all bar one – Cardiff – located in Ireland. The Group's portfolio includes the 13 Maldron Hotels as well as other well-known hotels across the country.
Global media company, Discovery Communications, has listed its first corporate bond on the ISE. The US based company specialises in non-fiction entertainment and operates more than 190 worldwide television networks.
The extraordinary life of Oonah Keogh, admitted to the ISE in 1925 and the first female member of a stock exchange in the world, was marked at the ISE to celebrate International Women’s Day.
The ISE statistics released today show the ISEQ Overall index has had its best year since 1997, rising by 33.6% in 2013, one of the best performing indices in Western Europe. The ISEQ has now gained 57.3% in 3 years.
The Irish Stock Exchange has issued over 1,000 pre-Legal Entity Identifier (LEI) codes since launching its online application service through www.ISEdirect.ie last autumn.
The ISE has announced plans to create a dedicated exchange for aviation-related securities. The exchange will offer a highly efficient, low-cost platform delivering better visibility, greater investor reach and improved market intelligence.