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”.