(Finance) – EdgeLaba company specialized in the design and production of advanced solutions for applications in complex marine environments, is ready to land on Piazza Affari with a capitalization of approximately 9.35 million euros (calculated on the number of ordinary shares admitted to trading), after having harvest 3.5 million euros entirely in capital increase. The price of placement was equal to 3.25 euros per share, below the range identified previously (between 0.70 and 1.50 euros per share). The floating it is 10.69% (excluding multiple voting shares).
The Board of Directors is made up of: Michele Cocco (Chairman of the Board of Directors and CEO); Emmanuele Mastagni (Councillor); Marcello Antonio Scisciolo (Councillor); Neelesh Vijay Tungar (Adviser); Bertolo Nardini (Independent Director).
After admission, i major shareholders they are: Planasia Holding (a company wholly owned by Michele Cocco) with 72.23% of the voting rights and 62.58% of the ordinary shares admitted to trading; Kalyani Strategic System Limited with 19.84% of the voting rights and 26.73% of the ordinary shares admitted to trading. The market holds 7.93% of the voting rights and 10.69% of the ordinary shares admitted to trading; within the market, there is Algebris Investments with 4.77% of the voting rights and 6.43% of the ordinary shares admitted to trading.
There are n. 200,000 multiple voting shares (5 votes for each share), not subject to admission to trading, owned by Planasia Holding, convertible into ordinary shares in the ratio of 1 ordinary share for every 1 multiple voting share.
THE’admission is scheduled for December 23 2024, with the debut on Euronext Growth Milan in the following days. Integrae SIM is the Euronext Growth Advisor (EGA).