Brief: Greenvolt Expects Its IPO Price Range Of 4.25-5.00 Euros/Shr

Altri, SGPS

02/07/2021 07:28

July 2 (Reuters) - Greenvolt - Energias Renováveis SA:
    * ISSUES PROSPECTUS FOR ADMISSION TO TRADING ON EURONEXT LISBON OF UP TO 121,376,470 SHARES,
WITHOUT NOMINAL VALUE, REPRESENTING 100% OF SHARE CAPITAL OF GREENVOL
    * SAYS THE OFFERING PRICE IS EXPECTED TO BE SET WITHIN THE INDICATIVE NON-BINDING RANGE OF
€4.25
UP TO AND INCLUDING €5.00 PER OFFER SHARE
    * LISTING AND ADMISSION TO TRADING EXPECTED ON JULY 13
    * SAYS OFFERING PRICE RANGE IS INDICATIVE ONLY, MAY CHANGE DURING THE BOOKBUILDING PERIOD
EXPECTED
TO OCCUR FROM 2 JULY 2021 TO 8 JULY 2021
    * SAYS PAYMENT IN EURO FOR  OFFERING NEW SHARES BY SUBSCRIBERS AND DELIVERY OF OFFERING NEW
SHARES
TO SUBSCRIBERS IS EXPECTED TO OCCUR ON OR ABOUT 12 JULY 2021
    * SAYS ALTRI AND CAIMA ENERGIA GRANTED GREENSHOE OPTION TO SUBSCRIBE SHARES TO BE ISSUED AT
THE
OFFERING PRICE REPRESENTING UP TO 15% OF INITIAL OFFER
    * ON SETTLEMENT DATE OFFERING NEW SHARES TO REPRESENT UP TO 25.2% OF THEN EXISTING SHARES
AND
CONTRIBUTION IN KIND NEW SHARES TO REPRESENT UP TO 9.2% OF THEN EXISTING SHARES

Source text: https://bit.ly/3ygLOaA
Further company coverage:  ALSS.LS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))