21 July 2004 – LAWFUEL – Read PRESS RELEASES for all today’s law announcements
Allen & Overy advised Digital Multimedia Technologies S.p.A. (DMT) on the global offering of 4,000,000 ordinary shares of DMT. UniCredit Banca Mobiliare S.p.A. acted as Global Co-ordinator, Lead Manager and Bookrunner, Cazenove & Co. Ltd. acted as Joint Lead Manager, and Centrosim S.p.A. acted as Co-Lead Manager. This was the first initial public offering (IPO) in Italy this year.
DMT is a leading operator in Italy in the wireless and broadcast communications infrastructure sector, offering integrated products and services to radio and television broadcasters and mobile telephone operators.
DMT raised approximately e77m from the global offering. DMT ordinary shares were listed on the Mercato Telematico Azionario, STAR Segment.
The Allen & Overy team was led jointly by Milan-based partners Andrea Bartolucci and Max Aaron, assisted by associates Alexander Stathopoulos, Bon Joyce and Denise Wong and by trainees Fabrizio Scaparro and Sarah Wyatt.
Andrea Bartolucci comments:
“We were extremely pleased to act on the first IPO in Italy this year, in a more robust market for equity issues”.