Gentili Mosconi S.p.A. lists on Euronext Growth Milan

Milan – 7 February 2023 – Borsa Italiana, part of the Euronext Group, today congratulates Gentili Mosconi S.p.A. on its listing on Euronext Growth Milan.

Gentili Mosconi S.p.A. operates in the luxury fashion market offering design, transformation, printing and customisation services for natural fabrics such as silk, cashmere and wool. Product quality, attention to detail and continuous research into new techniques are the key factors of the company, which combines tradition with innovation.

Gentili Mosconi S.p.A. represents the third 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 193.

In the placement phase, Gentili Mosconi S.p.A. raised €20 million. In the case of the full exercise of the over-allotment option, the total amount raised will be €23 million. The free float at the time of admission was 21.1% and the market capitalisation at IPO was €71.2 million.

Francesco Gentili, Chairman and CEO of Gentili Mosconi S.p.A., said: “We are proud to present Gentili Mosconi to the financial community, sharing this important milestone that represents the result of the commitment and dedication that have characterised our work every day for over 30 years. We are sure that the listing on Euronext Growth Milan means a further step towards a future of growth and prosperity for our company, which we wish to share with all our employees, clients, and investors, who have believed in us and who share our passion for beauty, creativity, and quality, and to whom we extend our heartfelt thanks. Gentili Mosconi's commitment to the sustainability of its production processes and respect for people and the environment will receive further stimuli from the daily confrontation with other entrepreneurial realities that share with us the same path of transparency; a path that we have been committed to pursuing since the publication of our first sustainability report in 2020.”