GSI sets course for the stock-market

Modena - Grandi Salumifici Italiani (GSI) with its headquarters in Modena, plans to submit the request for listing on the STAR segment of Mercato Telematico Azionario (Electronic Equity Market) of Borsa Italiana S.p.A. in Milan. This was decided on Thursday, 26th of July, 2007.

GSI belongs to 100% to IS Holding, a joint venture of the Senfter HOLDING and the Italian Unibon. GSI ended the financial year 2006 on December 31st  with a turnover of 405 million Euro. The EBITDA amounted to more than 36 million Euros, the net profit was 15 million Euro.

GSI will offer stocks to Italian citizens, to institutional investors in Italy and abroad, with the exception of the USA, Japan, Australia and Canada according to Regulation S of the United States Securities Act of 1933.

The Global Coordinators and Spezialist mandate is assigned to Mediobanca while JP Morgan and BNP Paribas are Joint Bookrunners. Unipol Merchant acts as Sponsor, Deloitte & Touche will oversee the auditing process.