Lazio, Nasdaq reserves the ticker LZO | EUROtoday

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Three letters, a necessary acronym, however which represents a transparent message aimed on the markets: LZO. The Nasdaq has reserved this ticker for SS Lazio, as communicated by the Biancoceleste firm, marking a proper transition in direction of a presence in the principle world technological record. This is, the membership specifies, “a concrete step towards the future of the Club”.

Nasdaq’s approval with the definition of the ticker follows the passage of some days in the past, with the participation of Lazio – represented by the director of the youth sector, Enrico Lotito and by Emanuele Floridi, spokesperson and head of Communication Strategy and Organization – within the closing bell ceremony.

Now, from a technical perspective, the reserve of a ticker represents a preliminary section: a form of reservation of the monetary identification with which an organization may current itself to the market within the occasion of future initiatives. In this sense, the task of LZO takes on a strategic worth somewhat than an instantly financial one. Lazio speaks of «a big step that marks a brand new chapter within the Club’s path of progress and worldwide opening». The reserve of the ticker, provides the press launch, “represents a concrete signal of a broader project, which looks to the future and connects the world of football with innovation, the media and international finance, while maintaining the values, history and identity of Lazio”.

Therefore, because the press launch from the corporate chaired by Claudio Lotito (and whose shares are 76% owned by the proprietor of Lazio) explains: «LZO – Work in Progress». The ticker will stay reserved for twenty-four months.