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Cerep Moves Shares to NYSE Alternext

3:14 PM MDT | March 22, 2010 | Vincent Valk

Cerep (Paris), a drug discovery firm, is moving its shares from Euronext Paris to NYSE Alternext, the company announced today. Cerep has transferred all 12,611,875 outstanding shares to Alternext. “Our presence at Euronext Paris imposed compliance with heavy and unsuited regulations compared to Cerep’s situation, without providing specific advantages in terms of stock valuation or liquidity. In this way our shares transfer from one market to the other should simplify our company’s running and reduce our structure costs. A listing on a market...

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