After the boom of Officina Stellare, which made its debut in Piazza Affari on Thursday earning more than half the price of the IPO, another debut in grand style arrives on Friday Aim market of Borsa Italiana. Is that of Relatech, a company that offers support services for the digital transformation of companies, proposing itself as a digital solution provider. At the end of the morning the title earn 27%, at 2,73 euros per share. Last year the company closed the balance sheet with a turnover of 14,4 million.
During placement, Relatech raised 4,1 million euros. floating upon admission it is 20,22%, with a capitalization equal to 20,1 million.
1.887.900 newly issued shares were placed (of which 81,6% from institutional investors) at a offer price equal to 2,15 euros per share. Demand exceeded supply by 43%.
As part of the IPO, the shareholders and the Company assume a lock-up commitment for a period of 18 months.
“The listing represents an ambitious goal for us, achieved after years of commitment, passion and determination – he commented Pasquale Lambardi, founder, president and CEO of Relatech – Today a new challenge begins for us, positioning ourselves as a reference digital player and renewing the trust of investors who have been able to welcome our ideas with enthusiasm, concretely supporting our growth path".
Thus, the number of companies listed on the Borsa Italiana market dedicated to small and medium-sized enterprises rises to 119. Relatech is the 19th admission since the beginning of the year, of which the fifteenth on Aim.
“Listing on the AIM Italia market will be functional for the implementation of Relatech's strategic lines - concludes Lambardi - Our goal is to work alongside our customers to help them achieve the most demanding goals: designing new business models, aligning them with the needs of the markets and guide them in the digital age”.
