Today is the kick off date of the STAR Conference of Milan
Mar 21 2017 - 10:30- Record number of meetings requested: more than 2,400
- 285 participating investors: 63 per cent foreign, from 177 investment houses
On 21 and 22 March, 61 companies listed on Borsa Italiana’s STAR segment will attend the STAR Conference, the annual event dedicated to meeting with international investors.
More than 2,400 meetings have been requested, the highest number ever, with a daily average of 40 meetings per company.
285 investors from 177 investment houses, 37 per cent domestic and 63 per cent international (Italy 37 per cent, France 13 per cent, Switzerland 12 per cent, UK 12 per cent, Germany 9 per cent, US 5 per cent and Other 12 per cent) will participate in the Conference.
STAR segment: Overview
Today, Borsa Italiana’s STAR segment includes 70 listed companies with a total market capitalization of €37.4 billion (data as at February, 2017). International investor capital plays a significant role in STAR companies, with 90 per cent of institutional capital originating from foreign investors.
FTSE Italia STAR is up 220 per cent since 2002 (data as at March 2017). 2016 has been a positive year for the STAR segment: FTSE Italia STAR is up 22 per cent from the beginning of the year and up 13 per cent since 2017. The index representing the STAR segment has constantly outperformed the FTSE Italia All-Share: from the beginning of 2003 it is up 293 per cent (data as at 15 March, 2017).
Barbara Lunghi, Head of Primary Markets, Borsa Italiana, comments:
"The success of this edition of the STAR Conference confirms the steady growth in interest from global investors into STAR companies. One of the main goals of Borsa Italiana is to facilitate meetings between companies and investors, and to do that we consider it essential to create initiatives that involve the entire financial community and institutions, strengthening existing relationships and attracting new pools of liquidity, also in view of the development of Individual Investment Plans (IIP)".
STAR companies participating in the Conference include:
Acotel, Aeffe, Aeroporto di Bologna, Arnoldo Mondadori Editore, Ascopiave, Astaldi, B&C Speakers, Banca Finnat, Banca IFIS, Banca Sistema, BB Biotech, Be, Biesse, Cad It, Cairo Communication, Cembre, Centrale del Latte d'Italia, D’Amico International Shipping, Dada, Datalogic, Dea Capital, Digital Bros, El.En., Elica, Emak, ePRICE, Esprinet, Eurotech, Exprivia, F.I.L.A. Group, Falck Renewables, Fidia, Gefran, Gruppo MutuiOnline, Igd - Siiq, IMA, Interpump Group, IRCE, Isagro, La Doria, Marr, Massimo Zanetti Beverage Group, Mondo TV, Openjobmetis, Panariagroup, Prima Industrie, Reno De Medici, Reply, Retelit, Sabaf, Saes Getters, Servizi Italia, Sesa, Sogefi, Tamburi Investment Partners, Tecnoinvestimenti, Ternienergia, Tesmec, TXT e-solutions, Vittoria Assicurazioni, Zignago Vetro.
Brokers attending the STAR Conference 2017 are:
Banca Akros; Banca Aletti; Banca IMI; Equita SIM; Intermonte SIM; Kepler Cheuvreux - UniCredit; Mainfirst; Mediobanca; UBI Banca
To download the press release in PDF: VIEW PDF
For further information:
Oriana Pagano +39 02 7242 6360
media.relations@borsaitaliana.it
Twitter @BorsaitalianaIT