STAR Conference 2013 in Borsa Italiana
Mar 26 2013 - 10:00STAR Conference 2013 in Borsa Italiana
- Record of meetings: more than 1200
- 57 STAR companies and 11 ELITE companies attend the Conference for the first time
- 175 Italian and foreign investors, more than 2012
Tuesday 26 and Wednesday 27 March 2013, the companies belonging to the STAR segment meet the international financial community during the 12th edition of STAR Conference.
57 STAR companies present their results and future strategies to 175 investors from 123 investment houses.
One-to-one meetings and public presentation take place in the prestigious headquarter of Borsa Italiana, Palazzo Mezzanotte (http://www.borsaitaliana.it/starconference/homepage/homepage.htm).
During the two-days there will be booked more than 1200 meetings, with an average of 16 for each company.
For the first time, ELITE* companies also take part to Star Conference which represents an important opportunity to boost visibility and to meet international investors in order to create new network and to access to capital markets.
*Elite is the project that Borsa Italiana launched in April 2012 to help Italian SMEs to grow, boost their visibility, and to have more business and an easier access to funds.
The conference hosted by Borsa Italiana is in conjunction with many of the stock exchange’s Equity Markets Partners, committed to the support of SMEs in all the phases of their financial development.
STAR today includes 66 listed companies from across all sectors of Made in Italy. The total capitalisation of the segment is €14.32 billion, corresponding to a medium market cap of 217 million euros per company.
Companies belonging to STAR segment show a liquidity consistently higher than all other listed SMEs: in the first two months of 2013 their average turnover velocity was 48%. With a minimum free float required of 20%, they also have an average free float of 39%.
Foreign investors in STAR companies capital is 83 per cent of total institutional investors* (25% North America, 21% UK, 2% Asia and Oceania, 36% Europe, with France 9%, Norway 9%, Germany 6%, and Switzerland 4%).
FTSE Italia STAR index has always outperformed FTSE Italia All Share. In the first three months of 2013 the outperformance was +13.49% and +77.66% since the end of 2012 (data of 25 March 2013).
Barbara Lunghi, Head Small&Mid Caps of Borsa Italiana said:
“Borsa Italiana has always been committed to the promotion of companies belonging to STAR segment. They aim to reach important goals and to face international challenges. We are pleased that global investors are very interested in Star Conference which represents an important occasion for companies to boost their visibility thanks to the meetings organized by Borsa Italiana with the international community. We are also waiting for the first IPO of 2013, Moleskine which will be soon listed on STAR segment”.
*Source: Borsa Italiana from Factset
STAR companies attending the Conference 2013 are:
Acotel, Amplifon, Ansaldo STS, Astaldi, Banca Etruria, Banca Finnat, Banca IFIS, BB Biotech, Biesse, Bolzoni, Brembo, CAD IT, Cairo Communication, Cembre, Centrale del Latte di Torino, Dada, D’Amico International Shipping, Datalogic, Dea Capital, EI Towers, EL.EN., Elica, Emak, Engineering, Eurotech, Exprivia, Falck Renewables, Fidia, Fiera Milano, Gefran, Gruppo Mutuionline, IGD – Immob. Grande Distribuzione, IMA, Interpump Group, Irce, Isagro, La Doria, Landi Renzo, Marr, Mondo TV, Nice, Panariagroup Industrie Ceramiche, Poltrona Frau, Prime Industrie, Reno de Medici, Reply, Sabaf, Saes Getters, Servizi Italia, Sogefi, Tamburi Investment Partners, Ternienergia, Tesmec, TXT E-Solutions, Vittoria Assicurazioni, Yoox, Zignago Vetro.
ELITE companies are:
Angelantoni, Bomi, Calzavara, DBA, Drogheria&Alimentari, FPZ, Gervasoni, IMM Hydraulics, Sorgent.e, Welcome Italia, Zucchetti.
STAR Conference on Twitter: @BorsaitalianaIT #STARConference2013.
For further information, please contact:
Oriana Pagano Media Relations +39 02 72426.360
media.relations@borsaitaliana.it
To download the press release:
VIEW PDF
Borsa Italiana
Borsa Italiana S.p.A. is one of Europe’s largest and most established stock exchanges with more than 330 companies listed across its markets. The Italian Exchange operates markets trading in Italian equities, bonds and derivatives. Markets include the MIV and STAR segments as well as IDEM, MOT, ETFPlus and AIM Italia Mercato Alternativo del Capitale for small cap companies. Since October 2007 Borsa Italiana has been part of the international diversified exchange business, London Stock Exchange Group.