Brief: Bialetti Sets Price For Capital Increase Up To EUR 6.5 Mln

Bialetti Industrie SpA

12/07/2019 07:45

July 12 (Reuters) - BIALETTI INDUSTRIE SpA  BIA.MI :
    * SAID ON THURSDAY ITS BOARD SET PRICE FOR CAPITAL INCREASE
OF UP
TO EUR 6.5 MLN AT 0.1386 EURO PER SHARE
    * EUR 0.1386 PRICE INCLUDES EUR 0.074 TO BE ATTRIBUTED TO
SHARE
CAPITAL AND EUR 0.0646 TO BE ALLOCATED TO SHARE PREMIUM RESERVE
    * TO ISSUE UP TO 46.7 MLN NEW SHARES
    * CAPITAL INCREASE SET UNDER FRAMEWORK AGREEMENT SUPPORTING
DEBT
RESTRUCTURING OF CO SIGNED BY BIALETTI HOLDING SRL AND SCULPTOR
RISTRETTO INVESTMENT SARL (RISTRETTO)  urn:newsml:reuters.com:*:nL5N20N1LA
    * UNDER THE FRAMEWORK AGREEMENT RISTRETTO TO SUBSCRIBE
CAPITAL
INCREASE FOR EUR 4.2 MLN 
    * CAPITAL INCREASE SUBSCRIPTION BY RISTRETTO IS SUBJECT TO
PURCHASE OF ALL BIALETTI HOLDING'S OPTION RIGHTS AT EUR 1 AND TO
THE EXERCISE OF THEM
    * SCULPTOR RISTRETTO IS INVESTMENT VEHICLE OF OCH-ZIFF
CAPITAL
INVESTMENTS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA8KqGqn
    
 Further company coverage:  BIA.MI  
   


 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920))