ETS S.p.A. has announced that, as of today, trading in its ordinary shares has commenced on Euronext Growth Milan (EGM), the multilateral trading facility organized and managed by Borsa Italiana S.p.A. At the close of today’s trading session, the share price stood at €5.95 per share, an increase of 19% compared to the placement price.
The placement was achieved entirely through a capital increase, targeting institutional and professional investors, for a total of 915,000 ordinary shares (including the potential full exercise of the greenshoe option for 115,000 shares) at a price of €5.00 per share, for a total value of approximately €4.6 million (in the case of the full exercise of the greenshoe option).
Assuming the full exercise of the greenshoe option, the Company’s floating value will amount to approximately 18.6% of the Issuer’s share capital (or 16.7% in the event that the greenshoe option is not exercised).

In the process leading to the admission to trading on Euronext Growth Milan, ETS was supported by the following advisors: Banca Profilo (Euronext Growth Advisor, Global Coordinator and Corporate Broker), Ambromobiliare (Financial Advisor), Mit Sim (Specialist), Gianni & Origoni (Deal Counsel), Studio Legale Associato Balossi Quaglia (Legal Advisor to the Issuer), BDO Italia (Audit firm, financial due diligence and management control system review), Metriks AI Società Benefit (Business Plan Advisor), Studio Paolomaria Pettinari (tax due diligence), Studio Brevi Gamba e Associati (payroll due diligence), Studio Professionisti Associati (labor law due diligence), BEnet Srl Società Benefit as Corporate Press Office and Be Media as Financial Press Office.