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18th listing of 2024 on Euronext Growth Milan
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39th listing on Euronext in 2024
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The company raised €0.3 million
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Market capitalisation at IPO is €3 million
Borsa Italiana, part of the Euronext Group, today congratulates Cogefeed on its listing on the professional segment of Euronext Growth Milan.
Cogefeed has been operating in the sustainability and green economy sector for over ten years and, through its subsidiary, FG Esco, owns a hydroelectric power plant in the municipality of Porto Recanati.
Cogefeed’s listing represents the 18th listing this year on Euronext Growth Milan, Borsa Italiana’s market for small and medium-sized companies, and it is Euronext’s 39th listing of this year.
In the placement phase, Cogefeed raised €0.3 million.
The free float at the time of admission is 10.58% and the market capitalisation at IPO is €3 million.
Daniele Filizola, Chairman and CEO of Cogefeed, said: “The decision to list on the professional segment of Euronext Growth Milan represents a fundamental strategic step for Cogefeed to support its transition to the business of energy production from renewable sources, with the aim of expanding the number of energy production plants managed by the Group. This is a fundamental step that allows us to access the capital market and seize new opportunities, as well as to increase our know-how by creating value for all stakeholders and strengthen our market presence, particularly in southern Italy”.
Caption: Daniele Filizola, Chairman and CEO of Cogefeed, rang the bell during the market opening ceremony this morning to celebrate the company’s listing.
