ROADSHOW SUCCESSFULLY CONTINUES ACROSS MAJOR EUROPEAN FINANCIAL CENTRES IN SUPPORT OF THE ADMISSION TO TRADING PROCESS PRICE RANGE SET BETWEEN €4.50 AND €5.00, CORRESPONDING TO A POST-MONE MARKET CAPITALIZATION OF BETWEEN APPROXIMATELY €61 MILLION AND €68 MILLION ALANTRA, ACTING AS GLOBAL COORDINATOR, HAS ALREADY RECEIVED CORNERSTONE COMMITMENTS FROM ITALIAN AND INTERNATIONAL INVESTORS FOR APPROXIMATELY €7 MILLION TOTAL PROCEEDS EXPECTED OF UP TO €20 MILLION BOOK BUILDING ALSO OPEN TO RETAIL INVESTORS STARTING TODAY, WITH AN IPO PLACEMENT THAT WILL, FOR THE FIRST TIME, UTILISE BORSA ITALIANA’S DIRECT SHARE DISTRIBUTION SERVICE
Florence, July 9 2026 – Giunti Psychometrics Holding S.p.A., an international leader in the field of psychometrics, psychological assessment and human capital development, with a focus on the development and marketing of psychological tests and assessment tools used across a range of areas, including clinical, educational, guidance and career guidance and vocational training applications (“Giunti Psychometrics” or the “Company”), announces that, on 8 July, Giunti Psychometrics launched the bookbuilding process addressed to both Italian and international institutional investors and, today, 9 July, proceeded with the opening of the retail tranche in the context of the offering of its financial instruments aimed at the admission to trading on Euronext Growth Milan (the “Offering”).
The company has embarked on an extensive roadshow programme, which will include meetings in major European financial centres such as Milan, Paris and Madrid, where Giunti Psychometrics will present its strategic vision and long-term prospects to many of the leading institutional investors.
In support of the transaction, and in line with its objective of broadening and enhancing the quality of its shareholder base, the Company, through Alantra, acting as Global Coordinator of the offering, has already received expressions of interest and investment commitments (i.e. cornerstone commitments) from Italian and international institutional investors for an aggregate amount of €7 million.
The offering will also include a retail tranche: Giunti Psychometrics is the first company to utilise the Italian Stock Exchange’s Direct Distribution service for retail offering on the Euronext Growth Milan (EGM) market. Directa SIM will act as Assigned Broker for the collection of subscriptions through the Direct Distribution service of the Italian Stock Exchange.
José Sales Grade, CEO di Giunti Psychometrics, has declared: “We have chosen to embark on the listing process we believe it represents the natural evolution of the growth path the Company has built over time. The opening of the bookbuilding to Italian and international foreign investors, together with the inclusion of a retail tranche, marks a key milestone in engaging a broader investor base in our growth project. The proceeds raised will be used to support innovation, strengthen our competitive positioning and accelerate growth in both domestic and international markets, including through M&A transactions. We approach this new phase with great enthusiasm and a strong sense of responsibility, convinced that a stock market listing represents a significant opportunity to create sustainable long-term value for all our stakeholders”.
The Giunti Psychometrics offering envisages total proceeds of up to €20 million, including the potential exercise of the greenshoe option granted to the Global Coordinator for up to 15% of the shares offered. The retail tranche will comprise up to a maximum of 500,000 shares, for a maximum aggregate value of €2.5 million.
The price range for the Offering has been set between €4.50 and €5.00 per share, corresponding to a postmoney market capitalization of between €61 million and €68 million. The subscription price of the offered shares will be determined by the Board of Directors, within the aforementioned price range, following the completion of the Offering.
Further information about the offering
The Offering is structured into two separate tranches, addressed to:
- (i) qualified investors, as defined in Article 2(e) of the Prospectus Regulation, in the European Union andother countries of the European Economic Area; (ii) qualified investors in the United Kingdom pursuant to thePublic Offers and Admissions to Trading Regulations 2024 (Schedule 1, paragraph 2) and the relateddefinition of “qualified investor” referred to therein; (iii) institutional investors outside the United States inreliance on Regulation S under the United States Securities Act of 1933, as amended (and in any otherjurisdiction where the offering is subject to restrictions), excluding institutional investors in Australia, Canada, Japan and the United States of America, as well as any other foreign jurisdiction in which the Offering may not be made without the approval of the relevant competent authorities; and (iv) other categories of investors, provided that the Offering is carried out in such a manner, in terms of quality and/or quantity, as to allow the Company to benefit from the exemptions from the public offering requirements set out in Article 1(4) of the Prospectus Regulation and/or Article 34-ter, paragraph 1, of CONSOB Regulation No. 11971/1999;
- the general public (retail investors), in such a manner, in terms of quality and/or quantity, as to allow the Company to benefit from an exemption from the obligation to publish a prospectus (the “Retail Offering”).
Key features of the Retail Offering
Duration of the Retail Offering
The Retail Offering Period will start today, July 9, 2026, and will end on July 14, 2026 at 3:00 p.m. (the “Retail Offering Period”). The closing date of the Retail Offering Period may be amended, including the right of the Board of Directors to close the offering period early or to extend it. Any such decision will be communicated to the market by 5:00 p.m. on the day preceding the effective date of the early closing or extension.
Number of the Shares Offered under the Retail Offering
Up to a maximum of 500,000 Ordinary Shares will be offered as part of the Retail Offering. Subject to demand from retail investors, the entire allocation of Ordinary Shares reserved for the Retail Offering may be allotted to investors participating in such offering.
Eligible Investors, Collection and Transmission of Orders
The Retail Offering is addressed to the general public in Italy. The transaction is being carried out in such a manner, in terms of quality and/or quantity, as to allow the Company to benefit from the exemptions from the public offering requirements set out in Article 1(4) of the Prospectus Regulation and/or Article 34-ter, paragraph 1, of the CONSOB Issuers’ Regulation.
Order Collection Procedures for the Retail Offering
The Retail Offering is carried out through the Italian Stock Exchange’s Direct Distribution Service pursuant to Article 2.4.3, paragraph 7, of the Rules of the Markets organised and managed by the Italian Stock Exchange S.p.A., as referred to in Article 2.4.1, paragraph 4, of the same rules. Subscription orders shall be valid only if entered without a price limit, with Good-till-Cancel (GTC) validity, and including the investor’s tax identification code. Subscription orders must be entered as follows:
(i) on the days preceding the last day of the Retail Offering Period: order collection during the auction phase from 7:30 a.m. to 5:40 p.m.;
(ii) on the last day of the Retail Offering Period: order collection from 7:30 a.m. to 3:00 p.m. On the same day, from 3:00 p.m. to 5:45 p.m., the appointed intermediary shall enter the sell order relating to the quantity of shares subject to the Retail Offering at the IPO Price determined in the context of the Offering. Trades will be executed at 5:45 p.m.;
(iii) subscription orders shall be expressed in terms of the number of Ordinary Shares, without indicating a price, and shall be deemed to have been submitted at the IPO Price.
Allocation Criteria
Should the aggregate subscription orders received during the Retail Offering Period exceed the number of Ordinary Shares available under the Retail Offering, the number of Ordinary Shares allocated to each subscriber shall be determined through a random iterative allocation algorithm with a guaranteed minimum allocation, managed by the Italian Stock Exchange, as follows:
– (i) subscription orders are aggregated by tax identification code;
– (ii) each tax identification code is assigned a guaranteed minimum allocation equal to the minimum offering lot;
– (iii) a random starting point is selected within the list of orders aggregated by tax identification code, ordered chronologically based on the latest order submitted by each tax identification code;
– (iv) starting from such point, any remaining quantity is allocated one minimum lot at a time, proceeding down the list until the Ordinary Shares available under the Retail Offering have been fully allocated and subject to the quantity requested in each subscription order.
Irrevocability of Subscription Orders
Subscription orders submitted by intermediaries in connection with the Retail Offering are irrevocable. In the event of a material error, such subscription orders may be cancelled by the relevant operators upon a reasoned request submitted to the Italian Stock Exchange.
Communication to Subscribers, Results of the Retail Offering and Allocation Procedures
Investors who have submitted subscription orders under the Retail Offering will be informed of their allocation through their intermediary. The results of the Retail Offering will be disclosed by the Issuer through a press release to be published by the evening of the last day of the Retail Offering Period and, in any event, no later than 7:29 a.m. on the first Trading Day following the end of such period.
Directa SIM acts as Assigned Broker and sub-placing agent, serving as the access point for the collection of subscriptions to the Retail Offering from retail investors, in compliance with MiFID II regulations (Directive 2014/65/EU and the related implementing provisions) and all other applicable regulations governing the provision of investment services. In particular, Directa SIM has undertaken, inter alia, to: (i) identify and profile applicants in accordance with applicable regulations, including anti-money laundering provisions (Legislative Decree No. 231/2007); (ii) make available to applicants the draft Admission Document; (iii) collect subscriptions to the Retail Offering, including through electronic means, and transmit them to Alantra within the prescribed deadlines; and (iv) verify the availability of sufficient funds in applicants’ accounts and settle the consideration due for the allocated Shares.
As part of the listing process, Giunti Psychometrics is assisted by Alantra as Global Coordinator, Joint Bookrunner and Euronext Growth Advisor, Nicola Clemente as Financial Advisor, RSM Società di Revisione e Organizzazione Contabile S.p.A. as Auditor and provider of Financial, Payroll and Tax Due Diligence services, as well as Management Control System activities, Legance Avvocati Associati as legal counsel to the Issuer, and CDR Communication as the Company’s Investor Relations and Press Office Advisor.
About us
Giunti Psychometrics is a global mental health tech company and a leader in psychometrics and psychological assessment solutions, serving professionals across the healthcare, education, research and business sectors. Founded in Florence in 1950, the Company develops scientifically validated tools and innovative technologies designed to promote well-being and support individual growth. The Group operates internationally through 26 subsidiaries and is present in 15 countries, with 21 offices and a highly qualified team of approximately 400 employees. Through the Giunti Testing Platform, it manages more than one million assessments each year, combining scientific rigour, digital innovation and sensitivity to cultural diversity. In 2025, the Group reported pro-forma value of production of approximately €39 million and pro-forma Adjusted EBITDA of approximately €7 million (17.5% margin).
Contacts
CDR Communication
Investor Relations
Luca Gentili
luca.gentili@cdr-communication.it
Tel. +39 348 292 0498
Gaia Barbieri
gaia.barbieri@cdr-communication.it
Tel. +39 328 167 3668
Media Relations
Angelo Brunello
angelo.brunello@cdr-communication.it
Tel. +39 329 211 7752
Stefania Trevisol
stefania.trevisol@cdr-communication.it
Tel. +39 347 878 2490
