Borsa Italiana welcomes GalaMar 10 2014 - 11:00
AIM Italia today welcomes, Gala, the 40th company to list on Borsa Italiana’s market dedicated to small and mid caps.
Gala operates in the energy industry and is a leading supplier of electricity to the Public Administration in Italy.
During the placement the company raised €24.9 million, with a free-float of 12.44% and a market capitalization of €200 million.
EnVent is the selected Nomad.
Luca Peyrano, Head of Italy & Continental Europe Primary Markets of LSEG, said:
"Gala’s listing is the largest to date in terms of capital raised on AIM Italia and confirms the nature of the market as a showcase for Italian companies that are looking for investors to support their growth projects.
2014 began positively for Borsa Italiana’s growth market, which has already raised €48.5 million".
Gala will list tomorrow on FTSE AIM Italia.
From the end of 2013, FTSE AIM Italia performed +4.24%.
For further information, please contact:
+39 0272426 360
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