Soges Group towards debut on the stock exchange with a capitalization of 11.6 million euros

Soges Group towards debut on the stock exchange with a

(Finance) – Soges Groupa Tuscan company active in hotel and conference hospitality within prestigious structures, is ready to land in Piazza Affari with a capitalization of approximately 11.55 million euros, after having harvest 2.72 million euros (of which 2.45 in capital increase and 270 thousand euros deriving from the exercise of the over-allotment option in capital increase); the capitalization would be 11.83 million euros with the full exercise of the greenshoe option. The price of placement is equal to 2.25 euros per share, at the lower limit of the range identified previously (2.25-2.75 euros per share).

The floating it is 21.18% before the possible exercise of the greenshoe option for the capital increase and 22.99% assuming the full exercise of the greenshoe option for the capital increase.

The components of board of directorswho will remain in office until the date of the meeting called for the approval of the financial statements as of 31 December 2026, are: Paolo Galardi (Chairman of the Board of Directors), Andrea Galardi (Chief Executive Officer), Cristina Galardi (Vice President) , Bernardo Balleggi (Non-executive Director), Paolo De Nadai (Non-Executive Director), Emmanuele Mastagni (Non-Executive Director), Fabio Brigante (Independent Director).

L’shareholding after admission is made up of: Gala Holding Srl (a company attributable 62% to Paolo Galardi, 28% to Andrea Galardi and 10% to Cristina Galardi): 77.88% of the share capital (76.09% in the case of integral exercise of the greenshoe); Andrea Galardi: 0.31% of the share capital (0.30% in the event of full exercise of the greenshoe); treasury shares: 0.62% of the share capital (0.61% in the event of full exercise of the greenshoe); market: 21.18% of the share capital (22.99% in the event of full exercise of the greenshoe).

The quotation is by MIT SIM (EGA, Global Coordinator and Specialist). L’admission is scheduled for 10 June 2024, with the debut on Piazza Affari in the following days.

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