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12th listing on Euronext in 2025
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The company raised €4.2 million
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Market capitalisation at IPO is €20.8 million
Euronext today congratulates Giocamondo Study on its listing on Euronext Growth Milan.
Giocamondo Study has emerged as one of Italy's premier tour operators dedicated to organising study trips for young learners and providing high-quality educational services.
Giocamondo Study’s listing represents Euronext’s 12th listing of this year.
In the placement phase, Giocamondo Study raised €4.2 million, including the potential exercise of the over-allotment option. Excluding the potential exercise of the over-allotment option, the total amount raised will be €3.8 million.
The free float at the time of admission is 18.16% (19.80% assuming full exercise of the over-allotment option), and the market capitalisation at IPO is €20.8 million (€21.2 million assuming full exercise of the over-allotment option).
Stefano De Angelis, CEO of Giocamondo Study, said: “The achievement of Giocamondo Study being listed on Euronext is the result of our dedicated and passionate effort of all team members that constitute this beautiful family and a journey that began many years ago in a small provincial town. The determination, motivation and grit demonstrated by our team have led us to become the first Italian study travel operator listed on the EGM. This significant milestone marks the beginning of a new chapter for our company. It highlights our commitment to further expanding our brand in Italy and the international horizon. We intend to leverage this listing as a catalyst for accelerated growth, gaining increased visibility and value. Our goal is to solidify our position as a pioneer and disruptor in the education industry, while enhancing our students' personal development through the diverse experience in studying abroad”.
Caption: Stefano De Angelis, CEO of Giocamondo Study, rang the bell during the market opening ceremony this morning to celebrate the company’s listing.
