Acquazzurra S.p.A. lists on AIM Italia

Mar 13 2021 - 10:30

  • Eighth listing of 2021 on Borsa Italiana’s AIM Italia - second on the Professional Segment
  • Aquazzura S.p.A. brings total number of companies listed on Borsa Italiana’s AIM Italia to 143
  • Company raises €2 million with listing

Milan – 13 May 2021 – Borsa Italiana, part of the Euronext Group, today congratulates Acquazzurra S.p.A. on its listing on Borsa Italiana’s AIM Italia Professional Segment.

Acquazzurra S.p.A. is active in maximising the advertising investments of its customers through bartering. Acquazzurra works with major media companies as a sale agency for advertising space, in exchange for the goods and/or services offered by the client company.

Acquazzurra S.p.A. represents the eighth listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium sized companies and it brings the total number of firms currently listed on AIM Italia to 143.

In the placement phase Acquazzurra S.p.A. raised €2 million. The free float at the time of admission is 22.59% and the capitalisation is €9 million.

Giancarlo Riva, Founder and CEO of Acquazzurra S.p.A., said: "The listing on Borsa Italiana represents for us the beginning of a new chapter which will allow us to consolidate our position and to open up to the capital market in order to develop new ambitious plans for growth, both in Italy and abroad, thus gaining more visibility and prestige in the eyes of our interlocutors. Over the past 15 years, we turned Acquazzurra into a solid and transparent company in the sector of bartering where is imperative to have a bond of trust with the advertisers, to whom we have always guaranteed compliance with the agreements regarding the distribution and positionings of products and brand".

ring bell acquazzurra

Giancarlo Riva, Founder and CEO of Acquazzurra S.p.A., rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.

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