Francesco Zorgno comments on the CleanBnB capital increase underway from 28 June to 16 July

An excellent moment for the short and medium-term rental sector, But especially an important moment for CleanBnB, Company already listed on AIM Italia which offers complete property management services e which from 28 June until next 16 July is engaged in a capital increase operation.

The operation will make it possible to find new financial resources which will be used within the company's business to pursue new growth opportunities.

At the height of the option rights trading period, Zorgno illustrated some technical aspects of the negotiation to the audience of Milano Finanza, as well as making known the aims that will be pursued thanks to the new funds.

A maximum of 1.657.330 new ordinary shares will be issued, at a unit price of 1,2 euro, for a total equivalent value of a maximum of 1.988.796 euro. The new shares are offered as an option to shareholders in the ratio of 5 shares for every 21 held.

Until July 12th, Members will be able to exercise their rights and purchase others on the market, on July 16, however, they will be able to exercise them exclusively to subscribe to the capital increase.

This is a great opportunity for all Shareholders but also for third parties who can enter the Company by acquiring option rights.

They are the Members, the beating heart of CleanBnB, whose history is that of a company with a widespread shareholder base, which even before crowdfunding already had over three hundred members.

Today CleanBnB it has over 500, and often they are people who have followed the Company from the outset or from the first round of listing in 2016.

These are important days not only for top management, but for all those who have believed in CleanBnB and who are seizing this new opportunity with satisfaction these days.

Signs of strong optimism come from individuals who have followed the project from the outset, both private and qualified investors such as 4Aim which entered the IPO and confirmed its participation in the new operation.

Capital increase CleanBnB: why this moment was chosen for this great financial operation

It is an optimal moment for the stock markets and it is a magical moment for the restart of the tourism sector.

So it was decided not to miss this opportunity and to take advantage of the positive situation.

The capital increase will make it possible to recover part of the resources that Covid-19 has wrested from an expanding company like CleanBnB, and to focus decisively on development, managing to recover at least part of the inevitably lost time.

CleanBnB capital increase: how the new resources will be used

“This operation is an excellent launch for operations that we would like to start as soon as possible,” says Francesco Zorgno.

“Our basic plan, without a capital increase, is that of linear and constant growth in which, however, we are discounting this year and a half delay on our plans caused by Covid, but with additional capital we can significantly accelerate growth”.

Bringing the Company back to where it would have been without the unexpected arrival of the pandemic, but not only: push on development, organic acquisition of properties, far exceed the already surprising goal of presence in over 60 Italian locations with over 1000 directly managed properties.
These are the main objectives of the Company which today is the first Property Manager of short-term rentals in Italy.

The new injection of capital will accelerate a growth that would in any case take place but which would be slower.

The great opportunity is given above all by the possibility of carrying out large aggregation operations.

“The short-term rental sector is still too fragmented, there are hundreds of thousands of properties and holiday homes in Italy, but also tens of thousands of property management operators”.

“Our goal is to be able to act as an aggregation pole for operators – this is the CleanBnB project.

Acting as an aggregation pole would mean growing together, accelerating not only the growth process of CleanBnB but also of those who in turn intend to accelerate their own development plan.

The Company will follow its objectives with great attention and great caution, employing the new resources above all in development, property acquisitions, personnel and suppliers.

At the end of 2021, it will already be possible to count on a more important and more substantial real estate portfolio.

If you are already a member and want to download and send the membership form to'capital increase click on this link. 

If you are not already a Member, you must first purchase the option rights which you can view on your online banking by entering the following ISIN: IT0005451296 and then download and send the membership form.

CleanBnB: analysis of the first summer 2021 tourism trends

What a few weeks ago were just sensations are taking shape in the shoots of a great restart.

Short-term rentals are the type of stay considered safer and more peaceful, the protection of privacy that privately rented apartments offer by nature also avoids the risk of gatherings.

From the point of view of the hosts they also offer unlimited flexibility.

Indeed, it is possible to open a property even absurdly, for just one day a month, a hotel certainly cannot have the same flexibility, but above all last year short-term rentals proved to be, especially for Italians who were forced to staying in Italy, as an excellent solution for those who have seized the opportunity of proximity tourism, opting for those small towns where traditional hotel hospitality is sometimes less strong.

In this early summer of 2021 we can already say that the restart has spread very quickly.
During the month of June, bookings concerned both large cities and small centres, confirming the short-term rental model as the only sustainable solution for working well in both large and small cities.

Reservations for the month of June favored the central north, while now the central south seems to be the center of interest for guests.

But to understand what will be the trends of future tourism it is also important to ask yourself who the guests are.

These are mostly Italians and that means that this summer 2021 still has great potential to be expressed.
Foreigners, in fact, reassured by green pass and the ever-decreasing contagion curve in Italy, they have only started booking in the last few days.

This means that the numbers we could see for summer 2021 will probably be much more interesting than we can assume right now.

An Italian summer, therefore, under the banner of investor confidence, capillary and widespread tourism, private places to stay and the restart of a sector that is capable of driving the country's entire economy.