Ubaldi Costruzioni lists on Euronext Growth Milan

Euronext today congratulates Ubaldi Costruzioni on its listing on Euronext Growth Milan.

Ubaldi Costruzioni is a leading construction and infrastructure company with a high degree of specialisation in the industrial, commercial and office building sectors.

Ubaldi Costruzioni’s listing represents the 1^st listing this year on Euronext Growth Milan, Borsa Italiana’s market for small and medium-sized companies, and it is Euronext’s 1^st listing of this year. 

In the placement phase, Ubaldi Costruzioni raised €4.2 million.

The free float at the time of admission is 21.89%  and the market capitalisation at IPO is €19.2 million.

Massimo Ubaldi, CEO of Ubaldi Costruzioni, said: “‘Today is a very important day for me because I am proud to be able to accompany the company created by my father to the top of the Italian economy, giving it a presence and recognition outside of Italy as well. The desire to list was born a little over a year ago,  with us determining  it the best choice to boost our growth, and today this event does not represent a finish line for us, but a new beginning. We have been growing steadily in recent years and, with the IPO, we feel confident that we will be able to achieve the development goals contained in our business plan, keeping faith with our principles and the great tradition of our company”.

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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