Euronext welcomes Ediliziacrobatica its first Dual Listing by an Italian company to Euronext Growth

Back

Paris – 28 February 2019 – Euronext today welcomed EdiliziAcrobatica, the leading Italian company for safety rope access within the building industry, to Euronext Growth. EdiliziAcrobatica is the first Italian company with a dual listing on Euronext and on the Italian market.

Founded in 1994 in Genoa (Northwest Italy), EdiliziAcrobatica provides a wide range of services such as renovation, cleaning and maintenance of buildings, using the innovative technique of the double safety rope access. The company restores and maintains not only commercial offices, but also cultural buildings, monuments, hotels, hospitals and shopping centres. All the services are delivered by acrobatic rope access technicians without using bulky scaffolding. Today EdiliziAcrobatica counts 71 offices in Italy and aims to continue its expansion internationally.

EdiliziAcrobatica (ticker code: ALEAC) was listed on 28 February 2019 through the admission to trading of 6,525,300 shares making up its capital. The listing price was set at €4.70 per share. Market capitalisation on the day of listing was around €30.7 million.

At the listing ceremony, Riccardo Iovino, EdiliziAcrobatica’s CEO and founder said: "The listing on Euronext Growth is part of our European expansion, which is a key point of our strategy, and especially with a view to a future presence in France. On 19 November last year, during the opening ceremony of trading on the Italian Stock Exchange, I said that it was the 'first quotation' of the company. Today, only three months later, EdiliziAcrobatica arrives on Euronext Growth with the same determination and the same values that have guided us during the last 25 years. We have always chosen to put at the centre of our attention the people who tirelessly, every day, work for us and with us. This choice is strategic, ethical and is the real key to the extraordinary growth of EdiliziAcrobatica”.

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 €6.6 trillion in market capitalisation as of end December 2023, 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.