Comer Industries ok Borsa Italiana transfer on Euronext Milan list

Comer Industries ok Borsa Italiana transfer on Euronext Milan list

(Tiper Stock Exchange) – Comer Industries, company listed on the Euronext Growth Milan segment of Borsa Italiana and at the head of a world leading Group in the
design and production of advanced engineering systems and mechatronic solutions for power transmission, announces that, today, Borsa Italiana has ordered the admission to listing of the Company’s ordinary shares on the regulated market Euronext Milan.

With the same provision, Borsa Italiana ordered the simultaneous exclusion of the ordinary shares of Comer Industries from trading on the Euronext Growth Milan multilateral trading system.

The Company also announces that today it has submitted to Borsa Italiana the application for admission to trading of ordinary shares on Euronext Milan.

As part of the transaction, the Company has prepared an information prospectus relating to the admission to listing of ordinary shares on Euronext Milan, which will be subject to approval by Consob, the National Commission for Companies and the Stock Exchange.

The start of trading of the ordinary shares of Comer Industries on Euronext Milan and the simultaneous exclusion from trading of the Company’s ordinary shares on Euronext Growth Milan will be established by Borsa Italiana with a subsequent notice, subject to the issue by Consob of the authorization for publication of the Information Prospectus and the verification of the sufficient diffusion of the financial instruments within the indicated limit of 16.83% as the minimum share of the free float.

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