The Italian Sea Group S.p.A. (“TISG” or the “Company”), global player in luxury yachting listed on Euronext Milan (“EXM”), regulated market managed by Borsa Italiana, announces that on July 29, 2024 Borsa Italiana has granted to the Company’s ordinary shares (ISIN IT0005439085) the STAR qualification, with proceeding no. 9008. Traded on the Euronext Milan market managed by Borsa Italiana since 8 June 2021, TISG’s ordinary shares will start trading on the STAR segment of Euronext Milan from 6 August 2024.
Giovanni Costantino, Founder & CEO of TISG, commented:
“We are extremely proud of having achieved the admission to the STAR segment. This result represents an important milestone for The Italian Sea Group and will allow the Company to strengthen its visibility in international financial markets, as well as its commitment to shareholders and all stakeholders. The obtainment of the STAR qualification confirms the respect of strict conditions regarding transparency, governance, communication, and financial soundness, values which TISG has always pursued with determination. In the future we will continue working with the same dedication and passion to keep exceeding the markets’ expectation through a sound business strategy and further reinforcing our positioning at the top of the global luxury industry.”
Intermonte will act as a Specialist for the Company, in accordance with the provisions of the Regulations and Instructions to the Regulations of the markets organized and managed by Borsa Italiana S.p.A.