15th listing of 2022 on Euronext Growth Milan
Siav S.p.A. brings the total number of companies listed on Euronext Growth Milan to 18
Total placement volume of the offering equal to €5 million
Milan – 4 August 2022 – Borsa Italiana, part of the Euronext Group, today congratulates Siav S.p.A. on its listing on Euronext Growth Milan.
Siav S.p.A., an Italian benefit corporation (Società Benefit) since 2021, is the leading operator in Italy in the enterprise content management industry, offering software, cloud solutions and outsourcing services for electronic document management, IT protocol, workflow management, electronic invoicing and digital preservation.
Siav S.p.A. represents the 15th listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium-sized companies, and it brings the total number of firms currently listed on Euronext Growth Milan to 182.
In the placement phase, Siav S.p.A. raised €4.5 million. In the case of the full exercise of the over-allotment option, the total amount raised will be €5 million. The free float at the time of admission was 16.66% and the market capitalisation at IPO was €27 million.
Nicola Voltan, CEO of Siav S.p.A., said: “We are very proud to have achieved this goal, which is an extremely important milestone in our growth journey. More than ever, we feel we embody that part of our country which firmly believes in the future and works with passion and commitment to create better perspectives for people, communities and the environment. I am honoured to be representing this company's values, which are now also recognised by the market. We will be working with energy and dedication to make the company grow, in order to both strengthen our leadership in the Italian market and to build our presence abroad.”
Caption: Alfieri Voltan, Chairman of Siav S.p.A. and Nicola Voltan, CEO of Siav S.p.A., rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.
About Siav S.p.A. Siav S.p.A., a benefit corporation (Società Benefit) since 2021, is the leading operator in Italy in the Enterprise Content Management industry, offering software, cloud solutions and outsourcing services for Electronic Document Management, IT Protocol, Workflow Management, Electronic Invoicing and Digital Preservation. Founded in 1989 by Alfieri Voltan, currently Chairman, it operates through offices in Rubano, Rome, Milan, Genoa, Bologna, Switzerland and Romania. The Group operates through the parent company Siav S.p.A. in the Enterprise Content Management (ECM) and Business Process Outsourcing (BPO) business, the subsidiary Mitric in the context of Audit & Quality management and the subsidiaries Credit Service S.p.A. fintech operating in supply chain finance and Consorzio Consis focused on the Healthcare sector. The Group is characterised by the specialised skills acquired in the implementation of complex projects for the private and public sector, and stands out for its ability to guarantee analysis, implementation and support activities with its own resources. It has over 4,000 Clients in the public and private market , including important names such as Amadori, Bayker, Camst, Cefla, Clementoni, Cnpadc, Electrolux, Ferretti Group, Granarolo, Hera, ISTAT, Kerakoll, Menarini, Eli Lilly, Roquette, Sacmi, Segafredo, Unicoop, UnipolSai.