Small is beautiful, at least on the Stock Exchange where, after Longino&Cardenal landed with a bang on Wednesday, today Esautomotion makes its debut, a company active in the sector of high-precision mechatronic components for industrial machines, with operational headquarters in Campogalliano, in the province of Modena . The company designs, manufactures and markets CNC systems (Computer numerical control) capable of making machine tools perform a work cycle without any human intervention. It's mignon, but far from artisanal. His field is high technology and he wants to become big, focusing on internationalization.
The chosen segment is Aim Italia, a market dedicated to small and medium-sized enterprises that want to invest precisely in their growth. A true niche of successes, also for Borsa Italiana, given that at the end of August Piazza Affari will probably be able to boast a number of IPOs equal to that of the whole of 2017 thanks to AIM.
For Esautomotion what begins today is in all respects a second life, after the relaunch carried out by the Milanese entrepreneurs, Franco Fontana (president) and Gianni Senzolo (managing director), who took over it from liquidation in 2012, when it was called Esa Gv. The potential was there and within a few years the company gained a foothold 2017 turnover of 15,6 million euros, with a growth of 23% on 2016. There are 50 employees, exports are worth about 50% and the first quarter of 2018 has already proved to be effervescent. As for the listing path the global offer, concluded on Monday, recorded a record overall demand, four times higher than the quantity offered. The placement price is 2,90 euro per ordinary share, the extreme high of the price range, with a capitalization of the company expected at the start date of trading of approximately 35 million and a free float of approximately 31,1%.
Today, with the freshman, in a certain sense also Bper makes its debut, one of the blue chips in the main list. In fact, for the first time the Modenese bank played the role of global coordinator and nominated advisor (nomad) with Esautomotion, a sort of financial sponsor of the company, responsible for investor relations.
This is the first testing ground for the Investment Banking Office created in 2017 by Bper and entrusted to a team of specialized operators. In addition to accompanying the companies in the listing, the ex-popular can play the role of placement agent, offering financial instruments to Italian and foreign institutional investors, as well as to private customers. He can also follow operations on the electronic stock market reserved for companies with high requirements and higher growth.
"We are particularly satisfied to have assisted a company for the first time in the entire process towards listing on the Stock Exchange - says Davide Vellani, head of Bper's Business and Corporate Finance Department - we strongly believe in the possibility of offering advanced services in the context of investment banking, to which we have dedicated numerous resources, creating a specific office for this type of activity”.
SECURITY UPDATE TRAINING
Strong debut on Borsa Italiana's AIM market for Esautomotion which, around 10:05, marks an increase of around 37,9% in the 4 euro area, with around 300 shares traded.
