Portobello S.p.A. - a company specializing in the supply of quality products at affordable prices and in the distribution of media services also through bartering activities - yesterday received from Borsa Italiana the admission procedure to the negotiations.
Morri Rossetti’s capital markets team provided legal advice to Portobello in the process of admission to listing of the ordinary shares on AIM Italia / Alternative Capital Market.
Simmons & Simmons, with partner Augusto Santoro, assisted the issuer with regard to corporate governance as well as management incentive agreements.
Integrae SIM acted as nominated adviser and global coordinator of the transaction.
The admission took place following the placement of 444,300 ordinary shares at a price of € 4.4 each, for a total amount of € 2 million.
The start of trading is scheduled for July 13, 2018.