Datrix S.p.A. lists on Euronext Growth Milan

• 33rd listing of 2021 on Euronext Growth Milan
• Datrix S.p.A. brings the total number of companies listed on Euronext Growth Milan to 164
• Total placement volume of the offering equal to €15 million

Milan – 3 December 2021 – Borsa Italiana, part of the Euronext Group, today congratulates Datrix S.p.A. on its listing on Euronext Growth Milan.

Datrix S.p.A. is a group of tech companies that develop augmented analytics software and services based on artificial intelligence and machine learning models for data-driven business growth.

Datrix S.p.A. represents the 33rd listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium sized companies, and it brings the total number of firms currently listed on Euronext Growth Milan to 164.

In the placement phase, Datrix S.p.A. raised €15 million. The free float at the time of admission was 51% and the market capitalisation at IPO was €36.6 million.

Fabrizio Milano d’Aragona, Co-founder, Chairman and CEO of Datrix said: "The listing allows us to accelerate in four strategic directions. We want to internationalise Datrix even more, in particular by expanding further in the U.S. market and by developing more distribution partnerships; to bring Artificial Intelligence not only to large companies, but also to SMEs through affordable and easily implemented solutions; to continue to invest in Research & Development (we are already involved in five European projects, including three in biotech) and to proceed with new acquisitions to strengthen the four areas in which Datrix operates (the U.S. company Adapex joined our data monetisation business a month ago). Everything has been and will be possible thanks to the passion for work of each of the employees of the parent company and our tech companies — 3rdPlace, ByTek, FinScience, Adapex and PaperLit — and to our valued customers. Our gratitude goes also to the management, to the Board of Directors and the Board of Auditors, to the shareholders who have supported the founders, and to the valuable collaboration of our advisors."

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