(Finance) – Simone Publishing Groupa Naples company active in the publishing sector, is ready to land on Piazza Affari with a capitalization of approximately 11.4 million euros (calculated on the number of ordinary shares admitted to trading), after having harvest 3.15 million euros (of which 3 million in capital increase and 150,000 euros deriving from the exercise of the over-allotment for sale option granted by Giunima Srl). The price of placement is equal to 2.00 euros per share, at the lower limit of the range identified previously (2.00-2.50 euros per share).
The floating it stands at 26.32% (before the possible exercise of the greenshoe option and excluding the multiple voting shares) and at 27.63% assuming the full exercise of the greenshoe option and excluding the multiple voting shares.
Gruppo Editoriale Simone has 5,700,000 ordinary sharesof which 1,500,000 newly issued, and 1,575,000 warrant. Are present Multiple Voting Shares (3 votes for each share), not subject to admission to trading, owned by Giunima (1,687,176), Giulio Golan del Giudice (28,206), Manila del Giudice (28,206), Maria Novella del Giudice (28,206) and Nicoletta del Giudice (28,206), convertible into Ordinary Shares in the ratio of 1 Ordinary Share for every 1 Multiple Voting Share.
The board of directors is composed of: Luca Misso (Chairman of the Board of Directors and CEO); Domenico Bianco (Councillor); Roberto Aprea (Councillor); Michele Caruso (Councillor); Antonio Riccio (Independent Director).
L’admission is scheduled for December 27th, with thestart of negotiations on 29 December on Euronext Growth Milan (EGM), the Italian Stock Exchange market dedicated to SMEs with high growth potential. Integrae SIM is the Euronext Growth Advisor.