Zignago Vetri: shareholder decision on market listing

Shareholders in Italy“s Zignago Santa Margherita SpA gave their approval for the listing of its glass division Zignago Vetri on the Star segment of the Milan bourse, financial daily Il Sole 24 Ore re…

Shareholders in Italy“s Zignago Santa Margherita SpA gave their approval for the listing of its glass division Zignago Vetri on the Star segment of the Milan bourse, financial daily Il Sole 24 Ore reported. The newspaper added that the company will submit the request for listing with market regulator Consob in January 2007, with the debut on the market possibly around April. The global coordinators for the IPO are Banca IMI and UBS, while Medinvest is the financial advisor. “It“s an opportunity that we will use to promote the growth of the group” through internal and external means, the newspaper quoted Zignago Industrie chief executive Luca Marzotto as saying.