Brief: LVenture, Digital Magics Approve Merger By Incorporation

Digital Magics SpA

29/06/2023 06:17

June 29 (Reuters) - LVenture Group SpA  LVEN.MI  and
Digital Magics SpA  DMG.MI :
    * SAID ON WEDNESDAY GROUPS APPROVED MERGER BY INCORPORATION
OF
DIGITAL MAGICS INTO LVG
    * DIGITAL MAGICS SHAREHOLDERS TO RECEIVE 46 SHARES OF NEW
COMPANY
FOR EACH 5 OWNED
    * DIGITAL MAGICS SHAREHOLDERS TO OWN 63% OF GROUP AFTER
MERGER
    * LVENTURE SHAREHOLDERS TO OWN 37% OF GROUP AFTER MERGER
    * LVENTURE GROUP TO INCREASE CAPITAL BY EUR 2.5 MLN RESERVED
TO
LUISS GUIDO CARLI UNIVERSITY

        
 Further company coverage:  LVEN.MI  

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