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18 Dec 2017

Gel / 18.12.2017

On 18 December 2017, Gel S.p.A. obtained the admission of its shares to the AIM Italia market organized and managed by Borsa Italiana. Negotiations began on 20 December 2017.

Integrae SIM has acted as Nomad, Global Coordinator of Private Placement and is currently a Specialist of the Issuer.

The total equivalent of the resources raised through the operation amounts to Euro 5.7 million, through the issuance of 2,192,500 newly issued shares without nominal value.

In addition, as part of the listing operation, 2,192,500 Warrants were issued, assigned free of charge to each new share subscribed and each share outstanding before the start date of the negotiations.

The placement price The unit price of the shares resulting from the placement was set at Euro 2.60; based on this price, the market capitalization at the beginning of the negotiations is equal to Euro 18.7 million.

The enterprise. Founded in 1979, Innovative SME since July 2017, is the second operator in Italy in the water treatment market. Specifically, the company designs, manufactures, and sells equipment, components, and chemical products destined for the domestic and industrial market to over 1,500 clients, not only in Italy but also abroad (20.5% of 2018 revenues), in particular in France, Spain, the United Kingdom, Belgium, and Eastern Europe; thanks to over 350 Technical Assistance Centres (TAC), GEL also offers an after-sales service 24 hours a day.

Ultima Ricerca Gel

  • BREAKING NEWS – 19.02.2025
    In the press release dated February 18th, 2025, Casta Diva Group SpA, a multinational company listed on Euronext Growth Milan and active in the communication sector for the production of branded content, viral videos, digital content, films, and live music entertainment, announced its preliminary consolidated revenue figures for 2024. These results, which have not yet been subject to statutory audit, indicate a revenue of € 123.40 million, marking a 10.7% increase compared to € 111.50 million recorded at the end of 2023. This growth is attributable to both strong organic expansion and the recent acquisitions of Artificio Italiano Srl and First Class Srl, transactions completed in 2024. The reported figure also exceeds by 2.3% the projections for 2024 outlined in the 2023-2026 Business Plan, presented on December 4th, 2023.

    In conclusion, the preliminary results confirm the solid and structured growth trajectory undertaken by Casta Diva Group, which continues to strengthen its position in the entertainment sector through a well-balanced combination of organic expansion and strategic inorganic growth initiatives. The company’s outperformance relative to the Business Plan projections and the positive impact of recent acquisitions validate the effectiveness of its strategic approach, further supporting the sustainability of its growth model and the value generated.

    Therefore, considering the positive preliminary results and awaiting a meeting with the management for a more detailed assessment of the full-year results, we confirm our recommendation: Target Price €3.20, Rating BUY, and Risk Medium.
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