Brief: B.F. Updates On Its Eur 150 Mln Capital Increase

BF SpA

22/11/2018 06:33

Nov 22 (Reuters) - B.F. SpA  BFG.MI :
    * SAID ON WEDNESDAY THAT PUBLISHED TIME-FRAME RELATED TO ITS
EUR
149,924,292.50 CAPITAL INCREASE VIA ISSUE OF 59,969,717 SHARES
IN OPTION TO THE SHAREHOLDERS 
    * SHARES TO BE OFFERED TO SHAREHOLDERS AT THE RATIO OF 23
NEW
SHARES FOR EVERY 40 SHARES ALREADY HELD
    * PRICE PER SHARE IS EUR 2.5 OF WHICH EUR 1.50 AS PREMIUM
    * OPTION RIGHTS MAY BE EXERCISED BETWEEN NOV. 26 AND DEC. 13
    * OPTION RIGHTS WILL BE TRADED ON ITALIAN STOCK EXCHANGE
BETWEEN
NOV. 26 AND DEC. 7 (INCLUDED)
    * THE OPTION RIGHTS NOT EXERCISED BY THE END OF THE OFFER
PERIOD
WILL BE OFFERED ON THE ITALIAN STOCK EXCHANGE WITHIN  MONTH
FOLLOWING THE END OF THE OFFER PERIOD
    * ON NOV. 6 ANNOUNCED COMMITMENTS TO SUBSCRIBE THE CAPITAL
INCREASE BY CERTAIN SHAREHOLDERS (NOT BACKED BY COLLATERAL), FOR
EUR 96.6 MILLION

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA37Y2M8
    
 Further company coverage:  BFG.MI  
   


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