Brief: Gequity updates on capital increase approved on Feb. 8, 2016

Bestbe Holding SpA

04/01/2017 11:57

Jan 4 (Reuters) - Gequity SpA  GEQ.MI : 
    * Updated on Tuesday regarding its capital increase approved 
on Feb. 8, 2016  
    * Says that the capital increase envisaged that the board 
had the right to anticipate its end to a date before Dec. 31, 
2016 
    * Says that the capital increase ended on Sept. 21 following 
the rights issue and the unopted rights offer phases 
    * Gequity has offered and given to Sintesi Societa di 
Investimenti e Partecipazioni (Sintesi)  SII.MI  part of the 
remaining unopted rights during the capital increase 
    * Says it does not believe that Sintesi has pre-emption 
rights or other rights on the remaining unopted rights 
    * Sintesi said on Jan. 2 that it had notified Gequity on 
Dec. 29, 2016, that it wanted to subscribe to Gequity's unopted 
capital increase for up to 42 million shares  urn:newsml:reuters.com:*:nBIA02370 
    * Sintesi also said on Jan. 2 that it was granted a 
preliminary injunction on Dec. 30 by the court to preserve its 
subscription right 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA033c9 
     
 Further company coverage:  GEQ.MI   
    
 
 
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