(Tiper Stock Exchange) – EuroGroup Laminationsa world leader in the design and manufacture of stators and rotors for electric motors and generators, has closed on first day at Piazza Affari showing no changes with respect to the placement price. In fact, the shares finished the first session on Euronext Milan at 5.50 euros, for a capitalization of 922 million euros. During the placement phase, it raised 393 million euros (432 million euros in the event of full exercise of the over-allotment).
The stock opened at €5.50 per share and reached a high of €5.90 per share in the morning, before losing ground and ending trading at the low of the session. Today’s session was negative for Piazza Affari and the other European markets. The counter value of the first day in Piazza Affari was 53,965,993.584 euros, i contracts concluded were 10,200 and the actions changed hands 8,651,623.
EuroGroup Laminations represents the first admission since the beginning of the year to Euronext Milan and brings the number of companies currently listed on this market to 224. That of the Lombard company is also the fifth admission on Euronext Tech Leaders since the launch of the initiative in June 2022, bringing the total number of Euronext Tech Leaders company to 112.