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BIA — Bialetti Industrie SpA News Story

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Brief: Bialetti Industrie board approves capital increase

July 8(Reuters) - Bialetti Industrie SpA  BIA.MI : 
    * Said on Tuesday that its Board of Directors approved 
conditions of capital increase 
    * To issue up to 33,675,948 new ordinary shares without 
nominal value 
    * Shares to be offered to Bialetti shareholders at a ratio 
of 45 new shares for every 100 shares held at a price of 0.415 
euro per share 
    * To raise up to 13,975,518.42 euros ($15.39 million) via 
capital increase 
    * Option rights to be exercised from July 13 to July 30 
 
     
  
     
 Source text: http://bit.ly/1Cn948q 
     
 Further company coverage:  BIA.MI   
    
 
 
 
($1 = 0.9083 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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