(Finance) – Solid World Groupa company listed on Euronext Growth Milan and active in the sector of digital technologies, 3D printing and additive manufacturing, opened and concluded the off-market placement of 649,275 ordinary shares, equal to 4.21% of the capital. The placement, reserved for Italian and foreign investors, was carried out through an Accelerated Bookbuilding (ABB), for a value of 2,207,535 euros and closed at a price equal to 3.40 euros per share. This is a 9.8% discount to today’s closing price.
The operation was carried out by Prime Srla company attributable to the CEO Roberto Rizzo, for 432,850 shares (equal to 2.80% of the capital), and of AL.CA Srl, a company attributable to vice-president Marco Calini, for 216,425 shares (equal to 1.40% of the capital). The floating goes from 30.54% to 34.75% of the share capital.
“Given the goodness of the SolidWorld project, the The company’s capitalization may also increase in light of the liquidity on the stock, despite the SolidWorld share being among the most traded on the EGM market today – commented Roberto Rizzo – Today Calini and I decided to put a share of around 5% on the market, responding to the request for new securities from professional investors and institutional. In fact, the increase in the capitalization of the stock also comes from having greater liquidity and therefore more securities to be able to exchange: a concrete driving force that we are giving to the valorisation of the company and of the shares that all shareholders hold”.
Integrae SIM acted as sole bookrunner of the operation.