AVIO filing for IPO on Milan Stock Exchange

Avio, an international aerospace group headquartered in Italy and a leader in propulsion systems, filed its application with Borsa Italiana an Initial Public Offering of the Company’s shares on the Milan Stock Exchange (Mercato Telematico Azionario – “MTA”) on August 5th. Simultaneously, Avio filed its application with Consob for the uthorization to publish the prospectus for a public offer and listing of its shares.