Market capitalisation of €361 million at listing
5th listing on Euronext in 2025[1]
Paris – 18 February 2025 – Euronext today congratulates PREATONI GROUP, an international group specialising in tourist resorts ownership and operations, and real estate development, on its listing on Euronext Access+ in Paris (ticker code: MLPRG).
Founded and developed in the 1990s by Italian entrepreneur Ernesto Preatoni, PREATONI Group is an international group specialising in hospitality-tourism in Egypt and Italy, as well as residential and commercial real estate development across the EMEA region (Baltic States, Dubai). With this listing, the group aims to accelerate its growth and enhance its visibility.
PREATONI Group was listed through the admission to trading of the 8,807,035 shares making up its equity on Wednesday 12 February 2025. The admission and issue price of the PREATONI Group shares was set at €41 per share. Market capitalisation was €361 million on the day of listing.
Ernesto Preatoni, Founder and Chairman of the Supervisory Board of PREATONI Group, said: “I am delighted and proud of this listing. Rooted in a strong entrepreneurial culture, PREATONI Group is the result of more than 30 years of history, built upon visionary and ambitious projects in hospitality-tourism and real estate development in high-potential countries. We have strong ambitions to continue expanding our group across its two business lines, leveraging an innovative investment model that generates significant value.”
Patrick Werner, Chairman of the Executive Board of PREATONI Group, said: “I am delighted that PREATONI Group has been listed on Euronext Access+. This listing marks a key milestone in our group’s development, enabling us to enhance our visibility and reputation while gaining access to new sources of financing. PREATONI Group has strong growth and profitability prospects, underpinned by an asset-upgrading strategy in the hospitality sector and the intrinsic potential for development and value creation in our real estate projects.”
Caption: Ernesto Preatoni, Founder and Chairman of the Supervisory Board of PREATONI Group, and Patrick Werner, Chairman of the Executive Board of PREATONI Group, rang the bell during a ceremony today to celebrate the IPO of PREATONI Group.
CONTACTS
CONTACT EURONEXT - mediateam@euronext.com
France, Corporate Flavio Bornancin-Tomasella +33 1 70 48 24 45
CONTACT PREATONI GROUP
Investor Relations Anne-Pauline Petureaux +33 1 53 67 36 72
Media Relations Deborah Schwartz +33 1 53 67 36 35
About PREATONI Group
Founded and developed by Ernesto Preatoni, PREATONI Group is an international group specialising in the ownership and operation of tourist resorts, primarily in Egypt and Italy, as well as in residential and commercial real estate development in the EMEA region (Baltic States, Dubai). Inspired by the pioneering spirit of its founder, Ernesto Preatoni, PREATONI Group is a unique publicly listed real estate company that integrates an original and high value-creating development model. The group employs over 1,500 people worldwide. Headquartered in France, PREATONI Group is listed on Euronext Access+ (ISIN code: FR001400WXE7).
[1] As of the day of its listing, February 12, 2025
CONTACTS
CONTACT EURONEXT - mediateam@euronext.com
France, Corporate Flavio Bornancin-Tomasella +33 1 70 48 24 45
CONTACT PREATONI GROUP
Investor Relations Anne-Pauline Petureaux +33 1 53 67 36 72
Media Relations Deborah Schwartz +33 1 53 67 36 35