MILAN — Italian Exhibition Group, the trade show organizer originating from the merger of Fiera di Vicenza and Rimini Fiera in 2016, has postponed its official listing to Dec. 10.
This is a consequence of the decision to extend the road show, which was supposed to end on Dec. 4, for a day. The company had been due to make its debut on the Milan Stock Exchange on Friday.
Last week, IEG received the approvals of both the Italian Stock Exchange and Consob, Italy’s equivalent of the Securities and Exchange Commission, to proceed with its public listing.
As reported, IEG’s selling partners, Rimini Congressi Srl and Salini Impregilo SpA, along with global coordinators Intermonte SIM SpA and Equita SIM SpA set the price per share at between 3.70 euros and 4.20 euros, corresponding to a post-money equity value ranging from 128.3 million euros to 145.6 million euros.