Kaleon Joins Intermonte Valore Italia Index Six Months After IPO
Kaleon has announced its inclusion in the Intermonte Valore Italia Index, a stock index comprising 100 small and medium-sized companies listed on the Italian Stock Exchange. This selection comes six months after the company, which specializes in cultural and tourist heritage management, was listed.
Recognition Six Months Post-IPO
Kaleon has been selected among the 100 companies making up the Intermonte Valore Italia Index, dedicated to SMEs with a market capitalization of less than one billion euros not included in the FTSE MIB. The selection is based on strict technical and financial criteria: minimum free float, governance, analyst coverage, financial sustainability, and debt levels. The index aims to enhance the value of the listed small and medium-sized Italian companies and to serve as an investment benchmark for both domestic and international investors.
Vitaliano Borromeo, Chairman of Kaleon, commented on this inclusion: 'Just six months after our listing, we are pleased to have received this recognition, which confirms the robustness of the path we have taken and our business model.'
Banca Generali's ETF to Increase Liquidity
The Intermonte Valore Italia Index is part of PMI2Change, a project launched on July 1, 2026, by Banca Generali to support the growth of Italian entrepreneurs and improve liquidity conditions for small listed companies. Banca Generali, in partnership with Investlinx and Intermonte, has created an active exchange-traded fund (ETF) that complies with PIR standards, primarily invested in the index's universe. The banking group has committed to mobilizing an initial target amount of €100 million in the first months, with a gradual increase to €500 million in the medium term, generating investment flows estimated between €1 and €2 million per day, representing more than 5% of the index's free float.
