IPO: ITEMA S.P.A. ADMITTED TO LISTING ON THE MERCATO TELEMATICO AZIONARIO
Colzate (BG), April 23 2018 – Itema S.p.A. (“Itema” or the “Company”), Società Elettrica Radici S.p.A. and TAM S.r.l. (“Selling Shareholders”) announce that today Borsa Italiana S.p.A. has issued the decision (n. 8452) for the admission to listing of the Company’s
shares on the Mercato Telematico Azionario (“MTA”), organized and managed by Borsa Italiana S.p.A. the effectiveness of which, pursuant to the Regulations for Markets organized and managed by Borsa Italiana S.p.A. (“Borsa Regulations”), is subject to the filing of the prospectus with Consob.
The start of trading of the shares on the MTA is subject to the verification of the sufficient distribution of the Company’s shares and will be subject to following announcement of the trading in which, subject to verification of the occurrence of the requirements of capitalization and distribution among the public required by the Borsa Regulation and the relative instructions, the STAR qualification will be recognized to the Company.
The firm Pirola Pennuto Zei & Associati assists the Company in relation to legal aspects of Italian law and Italian tax law, the firm Latham & Watkins in relation to legal aspects of international law, Studio Associato – Consulenza legale e tributaria (KPMG) in relation to tax activities under international law and Pirola Corporate Finance S.p.A. is the financial advisor of the Company. Banca IMI SpA (Intesa Sanpaolo Group), Credit Suisse and Banca Akros S.p.A., assisted by the firm Baker McKenzie, act as Joint Global Coordinators and Joint Bookrunners within the Operation. Banca IMI also plays the role of sponsor and specialist in the Operation. UBI Banca S.p.A. plays the role of co-lead manager.