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

Aug 04 2022 - 10:00
• 15th listing of 2022 on Euronext Growth Milan

• Siav S.p.A. brings the total number of companies listed on Euronext Growth Milan to 182

• Total placement volume of the offering equal to €5 million

Milan – 4  August 2022
– Borsa Italiana, part of the Euronext Group, today congratulates Siav S.p.A. on its listing on Euronext Growth Milan.

Siav S.p.A., an Italian benefit corporation (Società Benefit) since 2021, is the leading operator in Italy in the enterprise content management industry, offering software, cloud solutions and outsourcing services for electronic document management, IT protocol, workflow management, electronic invoicing and digital preservation.

Siav S.p.A. represents the 15th 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 182.

In the placement phase, Siav S.p.A. raised €4.5 million. In the case of the full exercise of the over-allotment option, the total amount raised will be €5 million. The free float at the time of admission was 16.66% and the market capitalisation at IPO was €27 million.

Nicola Voltan, CEO of Siav S.p.A., said: “We are very proud to have achieved this goal, which is an extremely important milestone in our growth journey. More than ever, we feel we embody that part of our country which firmly believes in the future and works with passion and commitment to create better perspectives for people, communities and the environment. I am honoured to be representing this company's values, which are now also recognised by the market. We will be working with energy and dedication to make the company grow, in order to both strengthen our leadership in the Italian market and to build our presence abroad.” 

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