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26th listing of 2023 on Euronext Growth Milan
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49th listing on Euronext in 2023
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Total placement volume of the offering equal to €3.5 million
Milan – 29 September 2023 – Borsa Italiana, part of the Euronext Group, today congratulates Emma Villas on its listing on Euronext Growth Milan.
Emma Villas is one of the leading operators in Italy in the tourist rental of villas and prestigious residences with which it combines the offer of additional products and services during guests’ stay. It manages more than 550 exclusive properties in Italy and hosts more than 50,000 guests annually.
Emma Villas represents the 26th listing on Borsa Italiana’s market dedicated to small and medium-sized companies. It is the 49th listing of the year on Euronext.
In the placement phase, Emma Villas raised €3.2 million, excluding the potential exercise of the over-allotment option. In the case of full exercise of over-allotment option, the total amount raised will be €3.5 million. The free float in case of full exercise of the over-allotment option will be 15,21%, while the market capitalisation at IPO is €23 million.
Gianmarco Bisogno, Chairman and CEO of Emma Villas, commented: “The listing of Emma Villas is an important achievement for our Group, with over 550 exclusive villas in Italy, confirming our leadership in the vacation rental sector of prestigious villas and residences. We are a company that has grown in recent years, significantly year on year even during challenging times, by focusing on the beauty of our country and the strong appeal of our offering in terms of quality of hospitality and facilities. Investors believe in our project and the business model of Emma Villas, which is based on the loyalty of our international clients, the strength of our exclusive relationship with property owners, and a unique network of partners supporting the acquisition of new villas in the portfolio, as well as an internationally established network of partners for the sale of stays. We believe that the listing on Euronext Growth Milan of Emma Villas is a fundamental step to enhance the continuous growth path achieved by the company in recent years and a confirmation of trust in the competence of our team, comprised of professionals with extensive experience in Italy and abroad. We will continue to invest in the quality of our offering and human resources, the true engine of our success, to meet the increasingly demanding needs of our clients. We are ready to embrace the future challenges of the industry, including from a technological perspective, and strengthen a winning model by expanding into new markets.”
Caption: Gianmarco Bisogno, Chairman and CEO of Emma Villas S.p.A., rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.
About Emma Villas
Emma Villas is an Italian Incoming Tour Operator, leader in the sector of vacation rentals of prestigious villas and country houses with private pools. Currently, it exclusively manages over 550 properties throughout Italy, welcoming over 50,000 international guests annually. Property management, Smart Hospitality, dedicated 7/7 Concierge, Guest & Property Protection are among the defining elements of Emma Villas' model.