Pubblicato il: 03 maggio 2023
Lottomatica Group made its debut on Euronext Milan, the regulated market organized and managed by Borsa Italiana. Lottomatica represents the third listing since the beginning of the year: currently there are 221 firms listed on this market.
During the placement phase, Lottomatica raised €600 million. In case of the full exercise of the over-allotment option, the total amount raised will be €690 million. The free float at the time of admission was 26.5% and the market capitalisation at IPO was €2.265 million.
This is the first IPO in Europe in terms of capital raised in 2023 to date.
“We are very happy with this result. This is the largest IPO in Italy in the last 18 months – said Lottomatica Group CEO, Guglielmo Angelozzi, who then added, “The fact that more than 85% of the new capital comes from foreign institutional investors is confirmation of the international interest in the Country System and its regulated sectors.”