Nusco S.p.A. lists on AIM Italia
Aug 04 2021 - 10:45- Twentieth listing of 2021 on Borsa Italiana’s AIM Italia
- Nusco S.p.A. brings total number of companies listed on Borsa Italiana’s AIM Italia to 151
- Total placement volume of the offering equal to €4.6 million with listing
Milan – 4 August 2021 – Borsa Italiana, part of the Euronext Group, today congratulates Nusco S.p.A. on its listing on Borsa Italiana’s AIM Italia.
Nusco S.p.A. is a company active in the production and marketing of interior doors and windows made from wood, PVC, aluminium and iron.
Nusco S.p.A. represents the twentieth 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 AIM Italia to 151.
In the placement phase, Nusco S.p.A. raised €4 million, excluding the potential exercise of an over-allotment option. In the case of full exercise of the over-allotment option, the total amount raised will be €4.6 million. The free float at the time of admission was 23.50% and the market capitalisation at IPO was €17 million.
Luigi Nusco, Chairman and CEO of Nusco S.p.A., said: "The goal reached today with the listing on Borsa Italiana makes us extremely proud. This is a testament of our professionalism, passion, and commitment to the entrepreneurial activity of the Nusco family which dates back three generations. Over all those years, we made relevant and important investments. We achieved our goals with great enthusiasm and determination. Our results were excellent in terms of innovation. We have a complete and unique product portfolio for our sector.
"Today, Nusco offers a thorough selection and a complete catalogue of doors and windows with interesting marketing methods and creativity. Everything has been possible thanks to the endless commitment of the Nusco team. We work with passion every day to provide tailor-made products which combine tradition and innovation. The listing represents a combination of visibility and transparency and it supports our company‘s developmental plans. We are proud that the financial community has appreciated our business model and believed in our growth project."
Luigi Nusco, Chairman and CEO of Nusco S.p.A. rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.