This page is available in multiple languages
Select Language

Distribuzione Elettrica Adriatica lists on Euronext Growth Milan

Back

  • 9th listing of 2024 on Euronext Growth Milan
  • 27th listing on Euronext in 2024
  • The company raised €7.9 millioni

Milan – 5 July 2024 – Borsa Italiana, part of the Euronext Group, today congratulates Distribuzione Elettrica Adriatica (DEA) on its listing on Euronext Growth Milan.

DEA is a leading operator in the distribution of electric power and management of public lighting in Central and Northern Italy.

DEA’s listing represents the 9th listing this year on Euronext Growth Milan, Borsa Italiana’s market for small and medium-sized companies, and it is Euronext’s 27th listing of the year. 

In the placement phase, Distribuzione Elettrica Adriatica raised €7.9 million.

Massimiliano Riderelli Belli, General Manager of DEA, said: “Today we have reached a significant milestone, which inaugurates a new era for our company. The success of this IPO confirms the validity of our strategy and prepares us for new growth opportunities. The public listing provides us with new capital, necessary to consolidate our position among market leaders and finance development, allowing us to continue our acquisition path and enter the élite top ten national infrastructure players, qualifying us for the electricity distribution concession tenders from 2030. In recent years, we have made the most of the opportunities in a dynamic market, increasing our growth. We are excited and proud of the success of the IPO, and we are ready to create long-term value together with our new shareholders."

dea

Massimiliano Riderelli Belli, General Manager of DEA, rang the bell during the market opening ceremony this morning to celebrate the company’s listing

 

CONTACTS  

MEDIA – mediateam@euronext.com 
Europe    Aurélie Cohen  +33 1 70 48 24 45  mediateam@euronext.com  
Andrea Monzani  +39 02 72 42 62 13 
Amsterdam  Marianne Aalders  +31 20 721 41 33  amsterdampressoffice@euronext.com 
Brussels  Marianne Aalders  +32 26 20 15 01  brusselspressoffice@euronext.com 
Dublin  Andrea Monzani +39 02 72 42 62 13 

dublinpressoffice@euronext.com

 

Lisbon  Sandra Machado 

+351 91 777 68 97

portugalpressoffice@euronext.com

 

Milan, Rome  Ester Russom  +39 02 72 42 67 56  italypressoffice@euronext.com 
Oslo  Cathrine Lorvik Segerlund +47 41 69 59 10  clsegerlund@euronext.com 
Paris, Corporate  Flavio Bornancin-Tomasella +33 1 70 48 24 45  parispressoffice@euronext.com 
Corporate Services  Coralie Patri  +33 7 88 34 27 44  parispressoffice@euronext.com 
       
ANALYSTS & INVESTORS – ir@euronext.com 
Investor Relations Aurélie Cohen  +33 1 70 48 24 17  ir@euronext.com 
  Clément Kubiak  +33 1 70 48 26 33  ir@euronext.com  

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.