Equita assisted Newlat Food during its successful listing on the Italian Stock Exchange

• Newlat Food raised Euro 70 million to support the growth strategy of its business
• Equita acted as Joint Global Coordinator, Joint Bookrunner and Sponsor. Equita will also assist Newlat Food as Specialist on the secondary market

Equita, the leading Italian independent investment bank, announces that it assisted Newlat Food S.p.A. (“Newlat”) during its successful listing process. Newlat will debut next 29 October 2019 on the STAR segment of the Italian Stock Exchange, organised and managed by Borsa Italiana S.p.A.

No. 12,700,000 newly issued shares were allotted to institutional investors. Additional no. 1,270,000 newly issued shares were also allotted under the greenshoe option. The offering was fully subscribed by more than 60 institutional investors - 60% Italian and 40% foreign. The share price was set at Euro 5.80, leading the total market capitalisation of Newlat to approximately Euro 230 million before the greenshoe option.

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