On 8 September 2020, Reti S.p.A. obtained admission to negotiate ordinary shares on AIM Italia, a multilateral negotiations system organized and managed by Borsa Italiana. Negotiations began on 10 September 2020.
Integrae SIM acted as Nomad, Global Coordinator, and Issuer Specialist.
The unit price of the shares resulting from the placement was set at Euro 1.00; based on this price a market capitalization equal to Euro 12,499,000 is expected
The total equivalent of the resources raised is equal to approximately 2.9 million Euros, through the placement of a total maximum of 2,874,000 ordinary shares, of which 2,499,000 newly issued shares at the start date of the negotiations, and 375,000 shares placed as part of the fiscal year of the over-allotment option.
The enterprise. Reti supports Mid & Large Corporate in digital transformation, offering IT Solutions, Business Consulting, and Managed Service Providers services, created through the main Key Enabling Technologies (KET). The Company boasts a portfolio of over 100 highly loyal clients mainly operating in the “IT spending” sectors such as BFSI, IT, Telco, and Manufacturing, as well as consolidated long-term partnerships with the main international IT Vendors (Microsoft, Apple, Cisco, Oracle, etc.). The distinguishing feature is the “Technological CAMPUS”, an internal laboratory of technological innovation and research divided into 6 Competence Centres: Cloud, Business & Artificial Intelligence, Cybersecurity, Project Management & Business Analysis, ERP, and IoT. Reti achieves technological excellence and the high levels of quality that are recognized by the market, thanks to the ability to combine in a virtuous and structured way: the choice of technologies, the continuous training of personnel, the development of proof of concept, and the realization of stress tests within the laboratories of the Technological Campus where innovation was created.