DIGITAL MAGICS LISTED ON THE STOCK EXCHANGE

DIGITAL MAGICS LISTED ON THE STOCK EXCHANGE

The venture incubator obtains the listing on the AIM Italia Market

 Wednesday, 31 July will be the first day on which Digital Magics shares will be traded at the subscription price of 7.50 euro

The total capital increase amounts to 8,585,000 euro

Milan, 29 July 2013 – Digital Magics, the venture incubator of digital startups today announced that Borsa Italiana admitted Digital Magics shares for trading on AIM Italia, the Alternative Investment Market for small and medium-sized Italian enterprises with high growth potential organized and managed by Borsa Italiana (Italian Stock Exchange). The trading start date for the company’s ordinary shares is scheduled for Wednesday, 31 July 2013 (Ticker: DM).

The company was supported in the listing process by the following partners: Integrae SIM, as Global Coordinator and Nomad adviser, DLA Piper who ensured its support for legal issues, BDO, as audit company in charge of accounting issues, Burson-Marsteller who dealt with the financial communication, Cattaneo Zanetto & Co. who managed institutional relationships and LEXIS who provided fiscal advice.

Integrae SIM will act as specialist in accordance with the AIM ITALIA Issuer Regulations (Regolamento Emittenti AIM Italia).

The placing operation concerned the issue of 1,239,247 new shares of which 630,847 for the purpose of the conversion in advance of the convertible bonds issued by the company and 608,400  in connection with the capital increase reserved for qualified investors.

The total capital increase amounts to 8,585,000 euro (including the share-premium); therefore, the post-listing capitalization of the company results in about 25.6 million euro with floating funds equal to about 37% of the total capital.

The trading initial price is set at 7.50 euro per share.

“We believe that AIM Italia can play a crucial role in the set-up of an Italian venture capital market, by supporting the development of technology companies with high growth potential and cooperating with all operators, such as funds and investment companies that are already operating within the innovation marketplace” – said Enrico Gasperini, Founder and Chairman of Digital Magics – “In other countries, secondary markets play a key role helping innovative small- and medium-sized enterprises to carry out their growth. The most successful enterprises will be able to fully access the primary market. As a matter of fact, our initiative is an ecosystem-based operation aiming to strengthen our leadership position in this key marketplace”.

“High-quality books, Italian primary SGRs (Asset Management Companies) and professional investors contributed to the IPO’s success” – said Filippo Palmarini, Manager of Integrae SIM and Bookrunner in charge of the Placing Operation – “Great appreciation was expressed for the type of remuneration which entails the 50% distribution of capital gains resulting from the exits achieved in future by Digital Magics in case of profits”.

For the transmission of information, Digital Magics chose to use the SDIR-NIS circuit, run by BIt Market Services, a subsidiary of London Stock Exchange Group. The admission document is available in the Investor Relations section of the website www.digitalmagics.com.

 

Digital Magics – www.digitalmagics.com

Digital Magics is a venture incubator of innovative and digital startups which provide high-tech contents and products. Digital Magics sets up and develops Internet startups supporting founders, investing equity capital and providing acceleration services. It starts from talents and ideas, thus transforming them into successful, disruptive businesses operating in the Italian and international digital economy. The incubator fosters a culture of entrepreneurship and risk, thus contributing to economic growth and increasing the youth-employment rate. Digital Magics provides services aimed at fostering the establishment and development of digital startups and supports them in the search for new private and public – both Italian and foreign – investors financing the next development stages. The Digital Magics model is unique in Italy and is based on Digital Magics LAB, a team of professionals in charge of identifying, analyzing and launching new initiatives; it provides innovative startups with mentorship as well as with Finance, Administration, Strategy, Logistics, Technology, Marketing and Communication services, besides delivering a Business Management support able to speed up the business growth process. Since its establishment Digital Magics has invested approx. 10 million euro and set up 35 startups, which are now operating in the most important online market areas.

For further information:

Digital Magics – Press Office

Giorgio Bocchieri – Mail: giorgio.bocchieri@digitalmagics.com

Tel. 02 52505202 – Mob. 334 6853078

Burson-Marsteller – Digital Magics Press Office

Fabio Caporizzi – Mail: fabio.caporizzi@bm.com – Mob. 340 5250566

Rossana Pastore – Mail: rossana.pastore@bm.com – Mob. 340 1790470

Luca Fumagalli – Mail: luca.fumagalli@bm.com – Mob. 348 4586948

Integrae SIM –  Nomad

Luca Di Liddo  – Mail: luca.diliddo@integraesim.it

Tel. 02 78625300 – Mob. 334 6501346