Key Figures

2015 Results

 

IFRS net income came to €24.2 million in 2015, up nearly 29% on the prior year.

Net revenues and income before tax for 2014 and 2015 are not directly comparable, due to ABC arbitrage’s interest in Quartys Ltd and application of the IFRS 10 consolidation exemption. The investments in Quartys Ltd and ABCA Funds Ireland Plc are recognized under “Net gain/loss on financial instruments at fair value through profit or loss”, i.e. net of expenses and tax. This automatically reduces “Net revenues”, as compared with full consolidation, which separates income from expense.

The Group’s parent company, ABC arbitrage, and its asset management companies, ABC arbitrage Asset Management and ABC arbitrage Asset Management Asia, are not subject to the IFRS exception and are therefore fully consolidated.

In consequence, only net income and return on equity (ROE), 17.1% compared with 14.7% in 2014, are directly comparable with the same indicators for prior years.

Business review

Key consolidated figures

in EUR million
31/12/15
IFRS
31/12/14
IFRS

Evol
  • Advisory revenues--na
  • Investment service fees (1)13.65.7na
  • Net gains value through profit or loss 34.140.9na
  • Net revenues47.746.6na
  • Payroll costs(13.6)(12.1)na
  • Occupancy costs1.81.7na
  • Other expense(5.4)(4.4)na
  • Other taxes(0.6)(0.4)na
  • Total costs(21.4)(18.6)na
  • Income before tax26.327.9na
  • Net income attributable to equity holders24.218.828,7%
  • Average Equity 141,682126,641
  • ROE - Return on equity 17.11 %14.87 %
  • Gross ROE33.64%na
  • (1) Investment service fees relate to the services that the Group's management companies bill to Quartys Limited and ABCA Funds Ireland Plc

Cumulative results

over the last 5 years, starting in 2011
  • *in EUR million
  •  
  •  

Share profil

Last update: December 31, 2016

ABC arbitrage has received approval from Euronext-Paris and the French Autorité des Marchés Financiers (AMF) for its transfer from the Marché Libre to the Second Marché. The AMF has granted the Prospectus a visa ordinance under n° 03-049 dated February 6, 2003. ABC arbitrage was listed on the Marché Libre since February 1999.

  • Date of admission February 13, 2003
  • Market Euronext Paris - Compartiment B
  • Indices CAC All-Tradable • CAC Mid & Small • CAC Small • CAC All-Share • EnterNext PEA-PME 150
  • ISINFR0004040608
  • ReutersBITI.PA
  • BloombergABCA FP
  • Type
    Registered shareor bearer share
  • Face (nominal ) valueEUR 0.016
  • Number of ordinary shares58,051,067
  • Share capitalEUR 928,817.072
  • Number of shares(excluding self-holding)
    57,284,854
  • French 'PEA'Ok
  • French 'PEA PME'Ok

Contacts

 
Share registration agent

CACEIS Corporate Trust acts as ABC arbitrage's Share Registration Agent and is responsible for all administrative aspects relating to registered shareholders.

ABC arbitrage shares are traded in Compartment B of Euronext Paris. These shares are registered to the bearer by default, in the shareholder’s account.

The shareholders can then choose to maintain these shares “to the bearer”, held by their financial intermediary, request their registration and administration in their name (nominative shares registered in the accounts of the issuing company, but held by the financial intermediary of their choice) or ask that they be simply registered in their name (nominative shares registered directly and exclusively in the accounts of the issuing company).

To request the registration of shares in someone’s name, you can use the model letters available below to be sent to the financial intermediary holding your shares:
* Letter requesting registration of shares in someone’s name on an administered basis - French version
* Letter requesting registration of shares directly in someone’s name - French version
* Shareholder’s guide for nominative registration - French version

CACEIS CORPORATE TRUST

Relation Investisseurs

14, rue Rouget de Lisle

92862 Issy-Les-Moulineaux Cedex 09 - France

Tél. : 33.(0)1.57.78.34.44

Email : ct-contact@caceis.com


Liquidity contract
KEPLER CHEUVREUX

Trading desk

Tél. : 33.(0)1.41.89.74.72


Financial anaIysts tracking ABC arbitrage share
KEPLER CHEUVREUX

Benjamin TERDJMAN

Email : bterdjman@keplercheuvreux.com


Press Agency
VERBATEE

Valérie SABINEU

Email : v.sabineu@verbatee.com

Share ownership

Last update: December 31, 2016

 

  • * Holding (hold for 50.01% by D. Ceolin)
  • ** Executive management and independant non-executive directors