AIM Italia - Ernesto Mocci - Methorios Capital

Centro Servizi Metalli (CSM)‣ Centro Servizi iMetalli (CSM), founded din 1988, isacompany specialised ili din mechanical and plasma cutting of stainless steel.‣ CSM is part of Predieri Group, an Italian company that was founded for the production of semi finished products. Today ithas significantly increased its activity to incorporate various other stages of the metal processing and trading cycle (melting,painting, cutting, polishing, storage and distribution).‣ Italy has been the main geographic market for CSM’s activity and in particular, Northern Italy, that accounted for 90% ofturnover for 2007. These regions include Emilia Romagna, Lombardy, Piedmont and Veneto, which are served by the CorteTegge - Cavriago plant in Reggio Emilia that has a processing output of 2,500 ton/year and by the Cignone plant inCremona, that has a processing output of 3,500 ton/year.‣ In 2008, the company began an expansion process into markets abroad that included the opening of a plant in Poland(processing capacity of 3,500 ton/year) to serve Eastern Europe and Germany (the second largest consumer of stainlesssteel in Europe after Italy) and a plant in France (3,000 ton/year).‣ In 2009 thecompany was listed on the MAC segment of Borsa Italiana. The IPO operation prti saw thecompany list new shares hrthat were equivalent to 27.3% of the company in doing so raising around € 7.7 mln. The funds from this capital increasewere used to fund the companies expansion plans both domestically and abroad.‣ Trading of CSM shares in 2010 has been very low with overall turnover equal to € 42,990 (12,000 traded shares). All of thisactivity ii occurred in the month of December.Board of DirectorsGiuseppe Maria Chirico ChairmanValerio VerderioCEORoberto MaggioDirectorRaffaele VanniDirectorStudio Cerioli Pellacini. Financial AdvisorAbaxbankSponsorAbaxbankSpecialistMazarsAuditorSource: Company financials70