Clearwater International advises ePrice S.p.A. on an equity capital raise

Clearwater International has advised ePrice S.p.A. (ePrice) on an equity capital raise via a Rights Issue of €20m.

Founded in 2007, ePrice is the leading e-commerce business in Italy and has been listed on the Milan Stock Exchange since 2015. In 2019 the business had a turnover of €131m and a Gross Merchandise Volume (GMV) of €185m.

As a major e-commerce player, ePrice focuses on high-tech products and major domestic appliances (MDAs). It provides an integrated home service platform which manages deliveries and installations of MDAs, reaching approximately 16 million consumers. ePrice also offers a 111 ‘Pick&Pay’ network throughout 109 cities, which allows customers to make online purchases with the same comfort and safety of using a traditional retailer.

The capital increase has been completed through the subscription of 285,695,899 new common shares, with the same characteristics of existing shares, at a price of €0.07 each, for a par value of €0.02 and €0.05 share premium.

  • Image of ePrice Company Logo
    equity capital raise via a Rights Issue of €20m
    Management Advisory
    €20m
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    Clearwater Advisers

    Advisor to ePrice S.p.A. on an equity capital raise via a Rights Issue of €20m.

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