(Tiper Stock Exchange) – Creatives Groupa company that develops artificial intelligence technologies in the field of the Supply Chain, has set the price fork for listing on Euronext Growth Milan – Professional Segment (EGM PRO) between 1.55 and 2.17 euro per share, corresponding to a pre-money capitalisation (before capital increase) between 18 and 25 million euro. This can be read in a note following the pre-admission communication to Borsa Italiana.
To service the listing operation, on 3 February 2023 the BoD implemented the delegation to increase the share capital for a maximum nominal amount of 19,354.82 euros, plus share premium, with the issue of a maximum of 967,741 ordinary shares, with no indication of the nominal value.
Creactives Group, which closes its financial statements in June, recorded as at 06.30.2022 a Production value of 6 million euros (+12.9% compared to the previous year) with a EBITDA of 0.56 million euro (+11.2% compared to the previous year, with EBITDA Margin equal to 9.3%). The Veronese company is already listed on the Direct Market of the Vienna Stock Exchange.
Listing on EGM PRO will allow “to enjoy greater visibilityto attract a more varied audience of institutional and professional investors and to have greater liquidity on listed shares – it is underlined – Thanks to the capital increase, the company will collect fresh resources that will allow it to strengthen its capital, a cash supply to accelerate investments and the growth plan and an improvement in the main balance sheet ratios”.
In the listing process, Creactives Group is assisted by MIT SIM as Euronext Growth Advisor and Global Coordinator, by Fomarte as financial advisor, by ADVANT Nctm as legal advisor, by BDO as auditing firm and by KT&Partners as Equity Research provider.
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