TECMA SOLUTIONS ADMITTED TO LISTING

ON THE AIM ITALIA MARKET

  • Placement successfully completed, with a demand equal to approximately twice the offer
  • Total placement value of Euro 8.5 million at an offer price of Euro 4.00 per share, equivalent to a post capital increase capitalization
    of Euro 31.5 million
  • First day of trading scheduled on Monday, November 9th

 Milan, November 5th, 2020 Tecma Solutions SpA (“Company“or”Tecma“), a tech company focused on the Real Estate industry, announces that today Borsa Italiana S.p.A. (“Borsa Italiana”) issued the notice regarding the admission to the listing of Tecma shares on the AIM Italia Market, a multilateral trading system organized and managed by Borsa Italiana. The trading start date is scheduled for Monday, November 9th, 2020.

The Company, in agreement with the Global Coordinator, took advantage of the option to close the offer early in consideration of the placement’s excellent performance. In fact, the book-building generated a demand approximately two times higher than the Global Offering. Offers were received from leading Italian and foreign investors with a wide geographical diversification including – beside Italy – also France, UK and Switzerland.

Pietro Adduci, CEO of Tecma Solutions SpA, commented: “We are completely satisfied with this extraordinary achievement, thanks to a great team effort. At the same time, we are proud that investors appreciate the assets of our technology and in this direction we have accepted all the requests and opted for a market friendly enhancement, albeit with a demand equal to approximately twice the offer. The result is a high quality book with investors who have decided to believe with us in a development path focused on sustainable growth over time. Future projects will be challenging and this will require their trust, our constant commitment and the enthusiasm of all our stakeholders.”

 Admission to listing on AIM Italia took place following the completion of an offer (the “Offer“) entirely under subscription which saw the placement, mainly aimed at qualified Italian investors and foreign professional investors, of no. 2,125,200 newly issued shares resulting from a capital increase to service the listing, for a total amount of 8.5 million euros.

The placement price of the ordinary shares was set at Euro 4.00 per share; based on this price, the forecasted capitalization will be of Euro 31.5 million. The free float is equal to 29.2% of the Company’s share capital.

In the listing process Tecma Solutions was assisted by ALANTRA (Global Coordinator, Nominated Advisers & Bookrunner), EMINTAD ITALY (Financial Advisor), BANCA PROFILO (Specialist), LEGANCE – Avvocati Associati (Legal Advisor), BDO (Auditing Firm and Tax Advisor), A2B GROUP (Consultant for Non-Accounting Data) and IMAGE BUILDING (Media Relation and Communication). Furthermore, Tecma Solutions has for many years availed itself of the consultancy of DDP & Partners, Perani & Partners, Studio Cornelli Gabelli e Associati and Studio Notary Fabio Gaspare Pantè who have also supported the Company during the listing process.

As a result of the placement, the share capital of Tecma Solutions will be composed of no. 7,872,400 ordinary shares.

For more information on the composition of Tecma’s shareholders, please refer to the admission document available in the Investors / IPO / Admission Document section of the website www.tecmasolutions.com.

Identification codes

  • ISIN code for ordinary shares: IT0005425050
  • Alphanumeric code: TCM

Tecma Solutions also announces that Vincenzo Sirna will take on the role of Investor Relator of the Company.

***

The press release is available at the Investors / Press Releases section of the website www.tecmasolutions.com.

***

For the transmission and storage of Regulated Information, Tecma Solutions SpA uses the eMarket SDIR dissemination system and the eMarket storage mechanism available at www.emarketstorage.com managed by Spafid Connect SpA, with registered office in Foro Buonaparte 10, Milan.

***

Tecma Solutions

Tecma Solutions is a tech company that focuses on the Real Estate industry, that supervises the entire value chain and develops Go-to-Market strategies, with the objective of enhancing new residential real estate projects, speeding up and encouraging sales operations, through a totally digitalized innovative technological platform. The Company can count on a team of over 70 professionals and about 250 active projects, both national and international. Thanks to the specific know-how extended over the years, Tecma Solutions confirms its ability to anticipate market trends by knowing how to best understand the needs of consumers, with the support of neuromarketing, product development, with proprietary methods and technologies to enhance and amplify the success of real estate investments.

*** 

 Contacts

Investor Relation

Tecma Solutions S.p.A.

Vincenzo Sirna – Investor Relator

Via Medardo Rosso, 5

20159 – Milano                     

Tel. +39 02 66809409

ir@tecmasolutions.com

Media Relation

Image Building

Via Privata Maria Teresa, 11

20123 – Milano                     

Tel. +39 02 89011300

tecmasolutions@imagebuilding.it

Nomad

Alantra

Via Borgonuovo 16,

20121 – Milano

Tel. +39 02 6367 1601

alfio.alessi@alantra.com

back