illimity Appointed as Nomad for Italy’s Alternative Investment Market: New Services Supporting Country’s SMEs To Assist i...
March 10 2021 - 6:57AM
illimity Appointed as Nomad for Italy’s Alternative Investment
Market: New Services Supporting Country’s SMEs To Assist in Growth
Process
via InvestorWire – Borsa Italiana has appointed illimity Bank
S.p.A. (“
illimity” or the “
Bank”)
as a Nomad (Nominated Adviser), a point of contact for companies
that want to raise capital to consolidate their competitive
position and speed up their growth process by listing on the
Italian Alternative Investment Market (AIM Italia).
Nomads play a central role on the path to an AIM
listing – simplified and geared to the structure of small and
medium-sized enterprises – by assisting businesses wishing to open
up to new opportunities for market access in order to consolidate
their position and speed up their growth plans.
Thanks to its appointment as a Nomad, illimity,
founded with the aim of recognising and enhancing the potential of
Italian companies, expands and completes its offer thanks to a
dedicated Capital Markets platform for SMEs. The Bank is
specialised in this segment and, through its SME Division, already
provides services aimed at supporting the development and
transformation plans of the companies it assists.
illimity provides equity and debt capital
markets services as part of its specific Capital Markets platform
for SMEs, acting as a Nomad and global coordinator for IPOs and
arranger for debt instrument issues.
The platform offering will be managed by a
dedicated team of professionals led by Fabiano
Lionetti (Head of Capital Markets & Treasury) and
Salvatore Genovese (Head of Capital Markets Unit),
reporting directly to Francesco Mele (CFO &
Head of Central Functions).
Corrado Passera,
illimity’s CEO, commented: “Becoming a Nomad will
enable us to further enrich the services we provide for
high-potential companies by assisting them in their growth and
innovation projects. There is still great untapped potential in a
very large number of Italian SMEs, and illimity intends to make
every effort to enhance it”.
For further information:
Investor RelationsSilvia Benzi:
+39.349.7846537 - +44.7741.464948 - silvia.benzi@illimity.com
Press & Communication illimity |
|
Isabella Falautano, Francesca D’Amico |
Sara Balzarotti, Ad Hoc Communication Advisors |
+39.340.1989762 press@illimity.com |
+39.335.1415584 sara.balzarotti@ahca.it |
illimity Bank
S.p.A. illimity is the high-tech banking group
founded and headed by Corrado Passera that was created with the aim
of responding to specific market needs by way of an innovative and
specialist business model. More specifically, illimity extends
financing to high-potential SMEs, purchases distressed corporate
loans and services through its platform, neprix, provides digital
direct banking services through illimitybank.com
and, with illimity SGR, over the next few months will set up and
manage the first Alternative Investment Fund for corporate loans.
The story of the illimity Group began in January 2018 with the
launch of the special purpose acquisition company SPAXS S.p.A.,
which ended with a record 600 million euro being raised on the
market. SPAXS subsequently acquired Banca Interprovinciale S.p.A.,
with the resulting merger between the two giving rise to “illimity
Bank S.p.A.”, which has been listed on the Italian Stock Exchange
since 5 March 2019, (ticker “ILTY”), firstly on the MTA platform
and since September 2020 on the Star segment. The banking group,
headquartered in Milan, can already count on over 600 employees and
had assets of over 4 billion euro in its balance sheet at the end
of 2020.
Wire Service Contact:InvestorWire
(IW) Los Angeles, Californiawww.InvestorWire.com212.418.1217
OfficeEditor@InvestorWire.com
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