Euronext Announces Sale of 20% Stake in Clearnet to Euroclear

Euronext has finalised the agreement signed on 14 June 2001 with Euroclear, on the consolidation of CIK and Necigef, the central securities depositories of Belgium and the Netherlands, into Euroclear group and the acquisition by Euroclear of a 20% shareholding

By None

Euronext has finalised the agreement signed on 14 June 2001 with Euroclear, on the consolidation of CIK and Necigef, the central securities depositories of Belgium and the Netherlands, into Euroclear group and the acquisition by Euroclear of a 20% shareholding in Clearnet, the clearing company of Euronext. Euronext NV will get a 3% stake in Euroclear plc.

The agreement was completed today, after obtaining all the necessary regulatory approvals on 29 January 2002.

These transactions will be booked in Euronext’s accounts for 2002.

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