Intermonte Partners Sim obtained from Borsa Italiana the provision for the admission to trading of its ordinary shares on Aim Italia, dedicated to small and medium-sized enterprises with high growth potential of Aim Italia. The trading start date was set for Thursday 21 October 2021.
The company underlines that the admission to trading on Aim Italia took place following the completion of the placement of 13,062,500 ordinary shares, put up for sale by over 60 Intermonte shareholders. In addition, some Intermonte shareholders will be granted the Greenshoe Option in favor of the Global Coordinator, consisting of a further 687,500 and equal to approximately 5.3% of the Shares for Sale. The free float of Intermonte realized through the placement will be equal to approximately 36.1% of the share capital before the possible exercise of the Greenshoe option and approximately 38.0% of the share capital, in the event of full exercise of the Greenshoe option. .
The demand at the placement price was approximately 3 times the 13,750,000 shares (including the shares subject to the offer and the shares deriving from the greenshoe option) for a total value of approximately 112 million. The total amount of the offer, also considering the shares subject to the greenshoe option, is approximately 38.5 million (approximately € 36.6 million before the exercise of the greenshoe option). The placement price of the shares was set at € 2.80 per share, with a consequent capitalization of the company for approximately € 101.3 million.