Gpi Spa · MIL:GPI
Gpi Spa — 8th ECMI Annual Conference 2018
17 slides from Gpi Spa's conference presentation, Oct 10, 2018
Slide 1: Financing innovation through capital markets
Financing innovation through capital markets GPI CASE HISTORY 8th ECMI ANNUAL CONFERENCE 10 October 2018 ∙ Brussels
Slide 2: A patient-centered approach
A PATIENT-CENTERED APPROACH CONNECTING PEOPLE TO HEALTH 2
Slide 3: The roots and the current strategic business units
THE ROOTS AND THE CURRENT STRATEGIC BUSINESS UNIT from 1988… IT SOLUTIONS HEALTHCARE LOGISTICS & PROFESSIONAL PAYMENT SERVICES AUTOMATION ICT SERVICES SOLUTIONS …to 2018 AN ATTENTIVE ORGANIZATION TO COMPETENCES AND STRATEGIC BUSINESS 3
Slide 4: A story of growth
A STORY OF GROWTH 2014-2017 1° HY 2018 Investments M&A revenues +14% < 65 ml Euros EBITDA ~ 1HY 2017 + 35% CAGR +20% CAGR headcount headcount 4.039 4 A3.1
Slide 5: Strategic positioning in the IT business area
STRATEGIC POSITIONING IN THE IT BUSINESS AREA 1. GPI top three ranking in the Italian market 2. GPI’s focus on the Healthcare industry 3. GPI’s growth driven by organic development and by M&A • TO MAINTAIN LEADERSHIP POSITION IN ITALY • TO GROW ON THE EUROPEAN MARKET 5
Slide 6: First step: financial evolution
FIRST STEP: FINANCIAL EVOLUTION GPI OPENS DOOR TO FINANCIAL CAPITAL DECEMBER 2013 NEW CAPITAL INJECTION ≈ €7M FROM PRIVATE EQUITY FUND 50% from Equity Fund 50% from Minibond ≈ 10% NOMINAL CAPITAL STEPS 1 2 3 6
Slide 7: Second step: minibond
SECOND STEP: MINIBOND First issue 2013 Third issue 2016 interest 5,5% interest 4,3% Second issue 2015 Fourth issue 2017 interest 4,6% interest 3,0% ≈ €52 MM STEPS 1 2 3 7
Slide 8: Third step: listing on stock exchange SPAC, AIM
THIRD STEP: LISTING ON STOCK EXCHANGE SPAC, AIM MAY JULY SEPT DEC 2016 2016 2016 2016 STEPS 1 2 3 8
Slide 9: Third step: first contacts SPAC/GPI
THIRD STEP: LISTING ON STOCK EXCHANGE SPAC, AIM MAY JULY SEPT DEC 2016 2016 2016 2016 First contacts SPAC/GPI STEPS 1 2 3 9
Slide 10: Third step: legal/fiscal/business due diligence starts
THIRD STEP: LISTING ON STOCK EXCHANGE SPAC, AIM Legal/fiscal/business due diligence starts MAY JULY SEPT DEC 2016 2016 2016 2016 STEPS 1 2 3 10
Slide 11: Third step: Framework Agreement for integration of Capital for Progress 1 / GPI
THIRD STEP: LISTING ON STOCK EXCHANGE SPAC, AIM MAY JULY SEPT DEC 2016 2016 2016 2016 5/9 Framework Agreement for the integration of Capital for Progress 1 / GPI STEPS 1 2 3 11
Slide 12: Third step: board meetings approve the incorporation project
THIRD STEP: LISTING ON STOCK EXCHANGE SPAC, AIM Board meetings Capital for Progress 1 / GPI approve the incorporation project 12/10 – 19/10 MAY JULY SEPT DEC 2016 2016 2016 2016 STEPS 1 2 3 12
Slide 13: Third step: deed of merger of SPAC into GPI
THIRD STEP: LISTING ON STOCK EXCHANGE SPAC, AIM Deed of merger of SPAC into GPI 20/12 MAY JULY SEPT DEC 2016 2016 2016 2016 STEPS 1 2 3 13
Slide 14: Third step: admission to trading on Borsa Italiana
THIRD STEP: LISTING ON STOCK EXCHANGE SPAC, AIM MAY JULY SEPT DEC 2016 2016 2016 2016 27/12 Admission to trading on Borsa Italiana STEPS 1 2 3 14
Slide 15: 29th December 2016 Listed on AIM
29th December 2016 Listed on AIM 15
Slide 16: Transferring to MTA
NEW PROCESS BY 2018 TRASFERRING TO MTA 16
Slide 17: Thanks
Good Luck! Thanks