If this text were a sports chronicle, it would begin by saying that

Intercity

, a Alicante club that this season plays in Group V of Second RFEF, is rushing the hours to jump onto the stock market pitch.

It will thus become the

first Spanish football club to be listed

and will do so after joining

BME Growth

.

The BME Growth Market Incorporation and Coordination Committee gave the go-ahead to the operation this afternoon. According to the favorable report prepared by the agency, the company's trading code will be '

CITY

' and will start with a price per share of 1.2 euros per share, an amount that coincides with that agreed in the last corporate operations that it has carried out. out the company just before it goes to market.

The Registered Advisor of the company is

Deloitte

, while GVC Gaesco Valores will act as liquidity provider. "Today we are making history." We are convinced that going public is good for a football club, as fans become shareholders. Our goal is for the club to be sustainable, "said

Salvador Martí

, president of CF Intercity, in a statement published after the report was published.

Intercity, which is the thirteenth company to join BME Growth this year, is

valued at 5.55 million euros

and has a first men's team that competes in the RFEF 2nd Division, a women's team in the Valencian First Regional, a men's team "B" in Primera Regional, a beach soccer team that plays in the Mediterranean League and a youth soccer school in San Juan.

Although his most visible name is the former soccer player

Juanfran Torres

, who is one of the 241 shareholders of the team.

Torres does not hold any position on the Intercity board of directors, but he manages and even plays in the futsal section of the club based in

Crevillente

, his hometown, in addition to advising the management team on different football issues.

Last movements

According to the company's information brochure, the company has 241 shareholders, of which 234 have minority interests in the Company (that is, less than 5% of the share capital directly and indirectly) representing 60.02% of the CF Intercity share capital.

Of the 4,631,868 shares issued to date, minority shareholders own 2,779,824 shares.

During the month of October 2021 there have been a series of share purchase and sale operations, together with the formalization of loans capitalizable in shares with current shareholders.

Specifically,

30 share purchase and sale transactions

were carried out

at a price of 1.20 euros per share for a total of 568,343 shares, which is equivalent to an amount of 682,011.60 euros.

In addition,

five loan agreements capitalizable

in shares

have been formalized

, for an amount of 529,390.80 euros, which will entail the issuance of 441,159 new shares with a subscription price of 1.20 euros per share (0.20 euros of par value and 1 euro of share premium).

"This capital increase will be formalized at the General Shareholders' Meeting that was called by the Board of October 15, 2021 and that will be held on November 16, 2021," the brochure states.

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