WALLIX GROUP, a software company providing cyber security and governance solutions for information systems access, has announced the successful transfer of the 623,140 WALLIX GROUP shares held by AURIGA PARTNERS and representing 15.4% of its share capital to institutional investors in a private placement via an accelerated bookbuilding process.
Following the private placement, AURIGA PARTNERS no longer holds any WALLIX shares and the Group's free float has increased to 65.75%, which should boost the share's liquidity. Since early 2017, WALLIX's average daily trading volume has reached €131 thousand compared to €21 thousand in the same period in 2016, demonstrating the growing interest in the cyber security segment as a whole, and in WALLIX GROUP in particular.
The company recently joined the Enternext PEA-pme 150 index. The index consists of 150 French companies listed on the Euronext or Euronext Growth markets in Paris, all of which count among the 80% most liquid shares eligible for PEA-PME accounts.
Jean-Noël de Galzain, Chairman of the WALLIX GROUP Management Board, said: "This transfer is a very positive development for WALLIX GROUP and its shareholders as it demonstrates that our company is garnering interest and is capable of attracting new investors in France as well as in the United Kingdom, where more than 50% of our shares are invested. It has also been instrumental in increasing our free float without weighing on our share price with back-to-back disposals. I would like to thank AURIGA PARTNERS who have been with us since 2011, both prior to our IPO and from the first listing of our shares."
Jacques Chatain, Co-founder and Chairman of AURIGA PARTNERS, added: "We are pleased and proud to have supported WALLIX GROUP in its development and to have contributed in making it a leading cyber security company. We came in before the IPO and have accomplished our role as a venture capital fund. Given the company's maturity, we felt that the time had come to make room for stock market investors."
MIDCAP PARTNER was Lead arranger and Bookrunner for the operation.
Next publication: 2017 annual turnover on February 15, 2018
A software company providing cyber security solutions, WALLIX Group is the European specialist in privileged account
In response to recent regulatory change (NIS/GDPR in Europe and OVIs in France) and the cyber security threats affecting all companies today, Bastion helps users protect their critical IT assets: data, servers, terminals and connected objects. It is the first market solution to have been awarded first-level security certification (CSPN) by France's National Cybersecurity Agency (ANSSI) and thus meet all of the criteria for regulatory compliance
WALLIX accompanies more than 500 companies and organizations on a day-to-day basis, securing the access to more than 200,000 hardware and software resources. Its solutions are marketed through a network of more than 130 resellers and trained and accredited integrators. Listed on Euronext under the code ALLIX, WALLIX Group is a leader on the PAM market with a strong presence throughout Europe and EMEA. Alain Afflelou, Dassault Aviation, Gulf Air, Maroc Telecom, McDonald's, Michelin, and PSA Peugeot-Citroën trust WALLIX to secure their information systems.
WALLIX Bastion was a winner at the 2016 Computing Security Awards and has been rated Best Buy by SC Magazine, as well as being named among the PAM leaders in the Product and Innovation categories of the KuppingerCole 2017 Leadership Compass report. The company is a member of Bpifrance Excellence, a champion of the Pôle Systematic Paris Region cluster and a founding member of the Hexatrust grouping of cyber security companies. In 2017, WALLIX Group was included in Forbes France's Futur40 ranking of fastest-growing listed companies.
For more information, visit the WALLIX website at: www.wallix.com
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 Based on share capital comprising 4,044,710 shares.
 Based on the share capital breakdown known at October 30, 2017.
 Source: Euronext