Bloomberg amends historical value of SICIT Group share

On Friday, 5 February 2021, Bloomberg amended its charts regarding the historical value of SICIT Group’s share prior to the business combination between SICIT 2000 and SprintItaly that led, at the same time, to the constitution of the Company and its listing on Borsa Italiana (AIM Italia) on 20 May 2019.

Bloomberg’s amendment follows a notification by SICIT. In fact, the Company’s stock had never reached the price of € 11 until May 2019, but in Bloomberg’s terminals, App and website it was reported at a value between € 13 – € 14 between the end of 2017 and May 2019. In addition, Bloomberg incorrectly reported a peak in the share value at € 15.67 immediately before the business combination and a subsequent sharp fall, just above € 10, in the following days.