Comal is on Borsa Italiana’s AIM Italia from today

Dec 16 2020 - 09:30

  • Seventeenth admission of 2020 on Borsa Italiana’s AIM Italia
  • Comal brings the number of firms listed on AIM Italia to 134
  • The company raised 8 million euros

Comal, a company active in the plant construction sector and among the first to build large-scale photovoltaic plants, is the seventeenth admission since the start of the year on the Borsa Italiana market dedicated to small and medium-sized enterprises. It brings the total number of firms currently listed on AIM Italia to 134.

During the placement phase, Comal raised 8 million euros. At the time of admission, the free float was 34,78 % and the capitalisation approximately 23 million euros.

The company was assisted by Alantra as nomad and global coordinator and by MIT Sim as specialist in the transaction.

Marking the start of trading, Fabio Brigante, Head of Mid & Small Caps Origination Equity Primary Markets, Borsa Italiana, commented

:

"The AIM Italia market has progressively consolidated itself as an ideal development tool for dynamic and competitive small and medium-sized enterprises looking for capital to finance growth and internationalisation projects. We are happy that an innovative company like Comal has chosen a listing to support the strategic development and consolidation of its brand, bringing the number of firms listed on Borsa Italiana’s small and medium-sized company market to 134."

Alfredo Balletti, CEO of Comal, said:

"COMAL has established itself as the italian pioneer in the realization of solar plants in Grid Parity. Our goal has always been to pursue a growth path aimed at costant improvement, therefore we are very proud to announce our entrance at the Italian Stock Market, an opportunity that will allow us to further develop our business."

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