Traxion Rings the Bell at Traditional Mexican Stock Exchange Ceremony
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Mexico City, November 30, 2017 Traxion rings the bell at traditional Mexican Stock Exchange ceremony • Grupo Traxion is the largest ground transportation and logistics company in the country, with a fleet of more than 5,500 units Grupo Traxion S.A.B. de C.V. (“Traxion”) (BMV: TRAXION), a leading company in the ground transportation and logistics industry in Mexico, conducted the traditional bell-ringing ceremony at the Mexican Stock Exchange (BMV) after successfully issuing its Global Initial Public Offering on September 29th. Grupo Traxion is the top logistics investment platform in Mexico, working as the pivot between the country’s financial sector and the logistics and transportation industry. The company offers freight transportation, warehouse management, logistics, and moving services, as well as personnel, school, and tourism transportation services through five highly recognized companies with a great track record in the sector: Grupo SID, Transportadora Egoba, Muebles y Mudanzas (MyM), Auto Express Frontera Norte (AFN), and LIPU. The event was led by Jaime Ruiz Sacristán, Chairman of the Board, José Oriol Bosch, , CEO of the Mexican Stock Exchange, and Aby Lijtszain, CEO for Grupo Traxion, who stated: “We are very proud of this new era for our company, which will promote both our growth as that of our partners. The resources we have obtained after successfully being listed on the Stock Exchange will enable us to make investments focused on the company’s development and growth and to professionalize the industry by integrating successful companies into this platform.” Grupo Traxion is the largest ground transportation and logistics company in the country, with a fleet of more than 5,500 units. However, since it holds only 1% of the market, being listed on the Stock Exchange represents a great potential for strengthening the industry. Grupo Traxion’s Global Initial Public Offering was for a total of 267,236,481 shares. The price per share was $17.00 pesos, for a total IPO value of 4.543 billion pesos. 75.15% of the IPO was traded in Mexico and the remaining 24.85% in international markets. The Global IPO Coordinators for the “TRAXION” offering were UBS Securities LLC and Morgan Stanley & Co. LLC. Grupo Traxion has more than 9,500 employees and will close the year with revenue for more than 7 billion pesos. ---O--- .