International Care Company lists on EGM

Dec 08 2021 - 10:09

  • 34th listing of 2021 on Euronext Growth Milan
  • International Care Company brings the total number of companies listed on Euronext Growth Milan to 165
  • Total placement volume of the offering equal to €2.5 million

Milan – 8 December 2021 – Borsa Italiana, part of the Euronext Group, today congratulates International Care Company on its listing on Euronext Growth Milan.

International Care Company operates as an assistance services company in activities related to personal assistance and the management of satellite alarms.

International Care Company represents the 34th 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 Euronext Growth Milan to 165.

In the placement phase, International Care Company raised €2.1 million excluding the potential exercise of an over-allotment option. In the case of the full exercise of the over-allotment option, the total amount raised will be €2.5 million. The free float at the time of admission was 23.26% and the market capitalisation at IPO was €9.1 million.

Gualtiero Ventura, Chairman and CEO of International Care Company, said: "Today is a great day for International Care Company and also a proud moment for all of us who believed in this project. The excellent market response is an acknowledgement of our work and our mission to offer the highest level of assistance to our customers. The IPO will represent an important accelerator not only for our growth and our development plans, but also for a consolidation of our competitive advantage, by continuing to invest heavily in the combination of technological innovation and human relationships."

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