Brief: Deoleo Approves Assumption And Formalization Of Funding Commitment By Shareholder Ole Investments

Deoleo SA

19/03/2025 16:49

March 19 (Reuters) - Deoleo SA OLEO.MC:

APPROVED ASSUMPTION AND FORMALIZATION OF A FUNDING COMMITMENT BY OLE INVESTMENTS

CONTRACT HAS ENTERED INTO FORCE ON THIS DATE

OLE INVESTMENTS UNDERTOOK TO MAKE AVAILABLE TO DEOLEO UP TO 45.4 MILLION EUROS SO CARAPELLI FIRENZE MEETS AMOUNTS ARISING FROM ITALIAN TAX CONTINGENCY

AS COMPENSATION, OLE INVESTMENTS WILL RECEIVE AN ANNUAL REMUNERATION OF 6.5% OF AMOUNT PAYABLE

Source text: ID:nCNM24XMkJ nFWN3PJ20Y

Further company coverage: OLEO.MC

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