The Budapest Stock Exchange has once again organised one of the most prominent events of the year for the players of the domestic capital market, the BSE Legends 2021 Awards Gala. OXO Technologies Holding Plc. was awarded the prize “BSE Xtend Market Share Issuer of the Year” on the ceremony.
OXO Technologies Holding Nyrt. received the „Share issuer of the year on the Budapest Stock Exchange Xtend market” award at the BSE Legends 2021 Gala, which was held on Wednesday at the new BSE headquarters in Budapest. The event assesses the best performances of the domestic capital market, the awards are decided by a professional jury made up of members of the Exchange’s Advisory Board and are based on a quantitative methodology (e.g. turnover data). The award was received by the Chairman of the Board of Directors of the company, Péter Oszkó.
OXO Technogies Holding Plc’s stocks became available to investors on BSE’s Xtend market in September last year, following a formal opening bell ringing ceremony, making it the first time that securities representing the entire portfolio of innovative technology companies were placed on the domestic stock market. In the almost six months since then, the company has worked to ensure that the international growth potential of domestic and regional innovations is reflected in an increasingly broad and successful portfolio of shares. As part of this work, the company’s Board has entered into investment negotiations with six early-stage and eight growth-stage innovative technology companies, three of which have already been successfully completed. In view of the large number of new investment opportunities, the company’s General Meeting also decided in December last year to raise further capital, as planned at the time of the IPO, and plans to do so in the coming weeks. The closing share price of OXO Technologies Holding Plc’s ordinary shares on the BSE Xtend market at the end of 2021 is the price at which the shares are quoted, and is currently the subject of investment negotiations.
Following its good experience in trading in technology stocks, the company also supports the emergence of more mature technology companies on the BSE Xtend market, either from its portfolio or from its other investment targets. By playing a pioneering role in this way, OXO intends to ensure that a large number of technology papers are listed on Xtend alongside the many successful Hungarian medium-sized companies, thus creating a character that will attract those interested in the papers of innovative technology companies with high growth potential not only from Hungary but also from the region.