Metlen Energy Makes London Debut, Shares Rise Amid Search for New Investors

Monday, Aug 4, 2025 3:33 am ET1min read

Metlen Energy and Metals Plc debuted on the London Stock Exchange, rising 1.8% to €48 after moving from Athens. The firm, which includes renewable energy, natural gas trading, and aluminum production, did not raise new funds. Metlen is expected to gain access to FTSE 100 and Stoxx Europe 600 indexes, potentially leading to net inflows of over $400 million. The listing aims to attract global investors.

Metlen Energy and Metals Plc successfully made its debut on the London Stock Exchange on Monday, July 2, 2025. The company's shares opened at €48 each, a 1.8% increase from the closing price of €47.16 on the Athens Stock Exchange on Friday [2]. The firm, which includes renewable energy, natural gas trading, and aluminum production, did not raise new funds with the listing.

The move to London is part of Metlen's strategy to enhance its global profile, improve liquidity, and expand its access to international markets. The company will maintain a dual listing on both the London and Athens exchanges, honoring its roots while strengthening its presence on both exchanges [1].

The listing is expected to provide significant benefits for Metlen, including potential access to FTSE 100 and Stoxx Europe 600 indexes. According to research by JPMorgan analysts, this could lead to net inflows of more than $400 million into the stock as the index changes take place [2]. The UK incorporation is also expected to lead to trading flows related to index inclusion.

Metlen's Chairman and CEO, Evangelos Mytilineos, called the milestone a "great day for METLEN" and thanked shareholders for sending a "clear message of trust" in the company’s strategy [1]. The successful offering paves the way for the company's transition from a national champion to an international leader in its sector.

References:

[1] https://www.iefimerida.gr/english/melten-debut-london-stock-exchange-offer
[2] https://www.bloomberg.com/news/articles/2025-08-04/metlen-s-shares-rise-in-london-debut-after-shift-from-athens

Metlen Energy Makes London Debut, Shares Rise Amid Search for New Investors

Comments



Add a public comment...
No comments

No comments yet