July 11 - BFC Media SpA BBFC.MI :
* SAID ON MONDAY ALGA SIGNED FRAMEWORK AGREEMENT TO BUY BFC
MEDIA
SHARES OWNED BY INVESTORS J.D. FARRODS GROUP LUXEMBOURG, DENIS
MASETTI
* ALGA TO BUY 578,727 SHARES, 565,477 OWNED BY J.D. FARRODS
GROUP
LUXEMBOURG, 13,250 BY DENIS MASETTI, OVERALL EQUAL TO 18.23% OF
BFC MEDIA SHARE CAPITAL AT A PRICE OF EUR 3.75/SHR
* ALGA IS CONTROLLED BY DONATO AMMATURO
* DEAL PENDING REVOCATION OF LISTING OF BFC MEDIA SHARES
Further company coverage: BBFC.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))