(Finance) – TECMA Solutionstech company specializing in the Real Estate sector and listed on Euronext Growth Milan, has announced that it has been successful completion of the private placement operation of 736,800 newly issued ordinary shares (equal to approximately 8.6% of the share capital of the same post-increase), with no par value, resulting from the capital increase with the exclusion of the option right resolved on May 27, 2022. The the operation was carried out to strengthen the assets, pursue investment strategies and qualify its shareholders.
The company highlighted that, even after the increase in the maximum number of shares involved in the transaction (the issue of a maximum number of 526,315 new shares was expected), the placement closed with a excess demand from qualified investors. The newly issued shares were subscribed at a unit price of 9.50 eurosfor a total value of the increase, including the premium, equal to 6,999,600 euros.
Following the full subscription of the newly issued shares, the nominal amount of post-increase share capital of TECMA will be equal to 1,093,574 euros, divided into 8,609,200 ordinary shares with no par value. The shares deriving from the share capital increase will be admitted to listing at the date of issue on the Euronext Growth Milan market.
“The success of this operation represents further confirmation for TECMA – commented theAD Pietro Adduci – In a complex market context such as the one we are experiencing, having received the trust of primary institutional investors and strategic partners for the development of our business is for all of us a reason of extreme satisfaction and is a confirmation of the rapidity of diffusion of our digital platforms “
“The IPO allowed us to finalize a first phase of growth and consolidation of the business – he explained – This new capital raising will allow us to give a strong boost to the scalability process, continuing the exponential growth trend that began five years ago. The year 2022 is taking shape as a strategic and decisive stage of development for the company, also through one complete remodeling of the operational structure. Thanks to this operation and the resources raised, we will be able to significantly accelerate our expansion programs, with a particular focus on foreign markets and the development of new products “.