TMP Group S.p.A. lists on Euronext Growth Milan

Milan – 2 February 2023 – Borsa Italiana, part of the Euronext Group, today congratulates TMP Group S.p.A. on its listing on Euronext Growth Milan.

TMP Group S.p.A. is an Italian Tech-Media Company specialising in the planning and development of events and communication, advertising and digital marketing strategies, with a strong technological focus. TMP Group supports its clients through its four activities (Digital, Experience, Production and Technology), with an ever-present focus on innovation, creativity and new media.

TMP Group S.p.A. represents the second 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 192.

In the placement phase, TMP Group S.p.A. raised €4.1 million. In the case of the full exercise of the over-allotment option, the total amount raised will be €4.7 million. The free float at the time of admission was 25.53% and the market capitalisation at IPO was €14.1 million.

Roberto Rosati, CEO of TMP Group S.p.A., said: “A year ago this wonderful journey began and led us to be listed on Euronext Growth Milan. A successful goal which confirms the passion and solidity of what we have achieved over the years, in which we have started our technological "revolution" in the world of media We will dedicated the resources raised through our IPO to finance our plan for consolidation in the domestic market and expansion to new countries outside of Italy. Technological enhancement of virtual and augmented reality, AI, Metaverse, NFT and live experience interaction, key positioning as leader of this brand-new wave of multimedia communication, M&A and commercial strengthening are the focus of our strategic growth plan. The listing on Borsa Italiana represents the success of a passionate and talented team of people who, on a daily basis, make TMP a key player capable of intercepting major technological trends whilst understanding the great transformation underway, projecting our customers into the future of communication.”