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Press Release Vetrya S.p.A- July 27, 2016
VETRYA: Italian Stock Exchange (Borsa Italiana S.p.A.) arranges the admission for negotiation on the AIM market – Alternative Capital Market of the ordinary shares and warrants.
Debut on the Stock Exchange is expected for Friday, July 29th, 2016, first day of trading of VTY.MI shares (ticker)
Assigned one year bonus shares

Vetrya, recognized leader in the field of broadband platforms for the distribution of multimedia contents and digital value added services announces that today the Italian Stock Exchange (Borsa Italiana S.p.A) arranges the admission for trading of Vetrya ordinary shares and warrants on AIM Italy - Alternative Capital Market , the MTF organized and managed by Italian Stock Exchange (Borsa Italiana S.p.A.)

The admission has happened after the placement of 636,265 newly issued ordinary shares. The unit price of the placement of the shares has been set at EUR 6,00. The floating expected amounted to 11,03% of the capital.

Luca Tomassini, Founder, Chairman and CEO of the Group, stated: “The quotation means for us an important moment in the development path of the group. It will enable us to keep growing and investing in what we consider the heart of our strategy: the innovation on services and platforms for broadband telecommunications networks”.

Warrants have been also assigned free of charge, quoted as well, to all subscribers in the ratio of 1 warrant for every share held, in addition to 10.101 warrants to be allocated free of charge that will be identified by the Board of Directors.


To the subscriber of each Minimum Lot in the context of the Private Placement that has not alienated the constituent shares the Minimum Lot, till the twelfth month after the start of trading in financial instruments on AIM, it will be offered the opportunity to subscribe, free of charge, the Ordinary Shares of the Company for a certificate to Measure 1 Bonus Share every 10 Shares resulting from the subscription of the first tranche of the Capital Increase.

The start of trading of the Issuer's common stock is scheduled for Friday, July 29th with the ticker : VTY.MI.

This action aims to institutionalize the company and internationalize its range of cloud computing platforms, digital advertising services, mobile payment, broadband TV and applications in order to contribute to reinforcing business development. All while continuing to invest in innovation and exploiting growth opportunities for external lines through acquisitions of other operators in order to consolidate its competitive position.

In the listing transaction, Vetrya is supported by Finnat Bank in quality of Nomad and Global Coordinator, from Ambromobiliare as financial adviser, by the law firm Grimaldi for the legal aspects and PricewaterhouseCoopers as audit company.

In 2015 the Company recorded a value of production of € 37 million, in the fifth year of strong growth, starting from € 354 thousand in 2010 - the year of the foundation - and recording in 2015 of a +154% CAGR 2010/2015 and EBITDA in 2015 of € 5 million.

According to the estimates, the 2016 provisional earnings are around Euro 46 million (compared to 35 million in 2015) and EBITDA of approximately Euro 6 million.