(Telestock) – Finance for Food (FFF)an industrial and strategic consultancy company that offers advisory services with a specialization in the agri-food and renewable energy supply chain, is ready to land on Piazza Affari with a capitalization of approximately 12.8 million euros (calculated on the number of ordinary shares admitted to trading), after having harvest approximately 2 million euros entirely in capital increase. In particular, 1.48 million euros were raised through the placement of the Global Coordinator EnVent Italia SIM and 562 thousand euros through the placement at the issuer’s headquarters under exemption from the obligation to publish an information prospectus.
The placement price is equal to 2.40 euros per share, at the lower end of the range identified previously (2.40-2.80 euros per share).
The floating is 15.91%, including the placement at the issuer’s headquarters and excluding multiple voting shares.
The ordinary shares are 5,351,400, of which 851,400 are new issues. There are 500,000 multiple voting shares (10 votes for each share), not subject to admission to trading, owned by Tredici Srl, convertible into ordinary shares in the ratio of 1 ordinary share for every 1 multiple-voting share.
The board of directors is composed of: Alessandro Squeri (Chairman of the Board of Directors); Francesco Berti (Chief Executive Officer); Maria Mazzarella (Director); Virginia Filippi (Director); Cecilia Martire (Independent Director).
After admission, theshareholding is composed of: Tredici Srl (controlled by law by Paolo Bordi) at 51.87% of the ordinary shares and 75.12% of the voting rights; Francesco Gianni at 15.79% of the ordinary shares and 8.16% of the voting rights; Spag Srl (a company attributable to Arturo Semerari) at 7.10% of the ordinary shares and 3.67% of the voting rights; Lefin Holdings Srl (a company attributable to Marco Bassetti and Giovanni Luschi) at 4.67% of the ordinary shares and 2.42% of the voting rights; other shareholders with holdings of less than 5% at 4.66% of the ordinary shares and 2.41% of the voting rights; market at 15.91% of the ordinary shares and 8.22% of the voting rights.
L’admission is scheduled for August 5, 2024, with the debut at Piazza Affari this week. EnVent Italia SIM is Euronext Growth Advisor (EGA), WITH SIM he is the Specialist.