Acceptance for trading was made after placing no. 1,875,000 shares, of which no. 1,250,000 newly issued shares resulting from the capital increase excluding option rights; number. 625,000 shares are offered for sale by ET Holding, including no. 175,000 shares covered by an Over Allotment option to service the so-called greenshoe option.
The The offer price of the shares was set at 12 euros per share. Based on the offer price, the company’s capitalization at the beginning of the trading date will be equal to 75 million euros, including the capital increase of 15 million euros.
The show received a lot of interest by leading institutional investors, for a long time almost exclusively, both Italian and foreign.
there Trading start date of shares in Euronext Growth Milan and the same payment date is December 6, 2022 on which date the share capital of the company will consist of listed shares (ISIN IT0005521247) and multiple voting non-trading shares (ISIN IT0005523771), the latter owned by majority shareholder Green H2 Holding.
The closing period will be 24 months from the date of commencement of trading for both the Company and the existing shareholders.
“Today is an important strategic milestone for our companya moment that will remain indelible in our minds and represents the consolidation of more than 20 years of experience in the sector – announced Enrico D’Angelo, Founder and CEO, ErreDue -. The result we achieved together, through teamwork, thanks to the support of all our collaborators and partners. I can proudly say that with the listing in Euronext Growth Milan, a new cycle has begun, which will allow, among other things, to increase our visibility in the eyes of large institutions and groups, as well as increase our ability to conduct business. Our goals for the future are to be among the leading companies in environmental and energy transformationAnd investing, in particular, in the research and development sector to continue providing innovative solutions. On this special day, I would like to thank all the people who believed in the project from day one, to our staff and collaborators, to the experienced and valued people, and to the advisors who accompanied us on this exciting listing process. Finally, special thanks to the investors who believed in our project Who will accompany us on this adventure?
In the listing process, ErreDue is assisted by Intesa Sanpaolo (IMI’s corporate and investment banking division) as Global Coordinator and Joint Placement Manager, CFO SIM as Euronext’s Growth Advisor and Joint Placement Manager; By Gitti and Partners as legal advisor to the issuer, by Chiomenti as legal advisor to banks, by KPMG SpA as independent auditors, by Epyon as advisor for the issuance of letter of comfort on non-accounting statements, by CDR Communication Srl as advisor to the company on investor relations and media matters and by B1 as road show coordinator. Intesa Sanpaolo (IMI’s corporate and investment banking division) will also act as specialist.
(ribbon) 02-12-2022 20:35