STAR7 S.p.A. lists on Euronext Growth Milan

Dec 23 2021 - 10:36

  • 43rd listing of 2021 on Euronext Growth Milan
  • STAR7 S.p.A. brings the total number of companies listed on Euronext Growth Milan to 174
  • Total placement volume of the offering equal to €15.0 million

Milan – 23 December 2021 – Borsa Italiana, part of the Euronext Group, today congratulates STAR7 S.p.A. on its listing on Euronext Growth Milan.

STAR7 S.p.A. is a leader in the product information sector.

STAR7 S.p.A. represents the 43rd 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 174.

In the placement phase, STAR7 S.p.A. raised €15.0 million. The free float at the time of admission was 23.8% and the market capitalisation at IPO was €63.1 million.

Lorenzo Mondo, CEO of STAR7 S.p.A., said: "STAR7 has never blindly followed a conventional route to success: instead, our growth has been built on firmness and creativity, combining five service lines with a unique approach to product information for our customers. The path we have taken has created value, and today’s listing on Euronext Growth Milan brings us new resources and renewed motivation. Today represents a significant milestone, one only made possible by our people, customers, partners and advisors who have supported us throughout the journey. And, naturally, our thanks also go to the many investors who have believed in our project. This is not the end of our journey; rather, it marks the beginning of a new chapter in our history, giving STAR7 the impetus to continue its trajectory of growth and success."

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