ETS HAS SUBMITTED A PRE-ADMISSION NOTIFICATION FOR ADMISSION TO TRADING OF ORDINARY SHARES ON EURONEXT GROWTH MILAN
THE IPO RAISES NEW CAPITAL TO SUPPORT BOTH INTERNAL GROWTH AND EXTERNAL ACQUISITIONS
ETS S.p.A. Engineering and Technical Services (“ETS” or the “Company”), an engineering firm specializing in design and works supervision across sectors such as infrastructure, healthcare facilities, residential buildings, and mission-critical projects (including data centers, nuclear and hydrogen plants, and airports), has announced that it has today submitted a pre-admission notification to Borsa Italiana S.p.A. (“Borsa Italiana”) for the admission to trading of its ordinary shares on Euronext Growth Milan, the multilateral trading facility organized and managed by Borsa Italiana (Italian Stock Market).
The listing on the Stock Market represents a key milestone in ETS’s growth strategy, which is aimed at strengthening its market position through:
– further development of its project portfolio, with a focus on hydrogen, nuclear, and data center projects;
– the development of its organizational structure, including human resources and software systems;
– strategic external growth, targeting the acquisition of engineering companies operating in the same sectors as ETS.
“We have initiated the process of being listed on the stock market because we believe that access to the capital markets represents a strategic step in the growth journey we began almost 30 years ago. After gaining extensive experience in infrastructure and healthcare construction, including the Papa Giovanni XXIII Hospital in Bergamo, we have pursued a strategy of diversification into technologically challenging sectors such as data centers, nuclear plants and hydrogen facilities. We are now ready to expand further through both internal development and strategic acquisitions, which will allow us to widen our activities from the point of view of both our offering and geographic expansion,” said Donato Romano, Chairman of ETS.
The indicative price range has been set at €5.00 to €6.25 per share.
The start of trading is expected to begin before the month of September 2025.
In the process leading to the admission to trading on Euronext Growth Milan, ETS has been assisted by: 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 circuling non-accounting data), 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.