E-Globe towards market debut with capitalization of 22 million

VNE towards market debut with capitalization of 127 million

(Tiper Stock Exchange) – E-Globea company active in the supply of innovative and eco-sustainable thermo-hydraulic and air conditioning systems, is ready to land in Piazza Affari with a capitalization approximately 22 million euro (22.5 million assuming full exercise of the greenshoe option), after having harvest 4.7 million euro (5.2 million assuming full exercise of the greenshoe option). The price placement is equal to 1.65 euro per share, at the lower limit of the range previously identified (1.65-1.80 euro per share).

The floating it is equal to 21.34% (23.08% assuming full exercise of the greenshoe option). There are 4,500,000 Multi-Voting Shares (3 votes for each share), not subject to trading, owned by the shareholder Ecan Holding Srl, convertible into ordinary shares at the ratio of 1 ordinary share for every 1 Multi-voting Share according to the conversion mechanisms provided for in the statute.

L’post-listing shareholding (before any exercise of the greenshoe option) holds Ecan Holding Srl (attributable to Antonietta Lucente) to 89.39% of the voting rights and 78.66% of the ordinary shares admitted to trading; Invitalia SpA (as manager of Fondo Cresci al Sud) to 3.39% of the voting rights and 6.82% of the ordinary shares admitted to trading.

The board of directors, which will remain in office until the approval of the financial statements for the year ended 31 December 2025, is made up of 7 members: Michele Mingrone (Chairman and Chief Executive Officer); Pietro Sculco (Chief Executive Officer); Christian Ventrucci (Chief Executive Officer); Vincenzo Oliverio (Director); Miriam Pugliese (Director); Ornella Carleo (Independent Director); Antonio Riccio (Independent Director).

The release date of the admission provision by Borsa Italiana is scheduled for 7 August 2023, while the start date of trading on Euronext Growth Milan is scheduled for August 9th 2023. The listing is by Integrae SIM (Euronext Growth Advisor).

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