Brief: Cy4gate Expects To Start Trading On AIM Italia On June 24

ExpertAi SpA

19/06/2020 07:10

June 19 - Cy4gate SpA  IPO-CY4G.MI :
    * COMPLETES IPO PLACEMENT AT PRICE OF EUR 3.15 PER SHARE FOR
TOTAL
OF EUR 21.1 MLN
    * DEMAND WAS ALMOST 4 TIMES OFFER
    * EXPECTS TO BE ADMITTED TO TRADING ON AIM ITALIA ON JUNE 22
AND
TO START TRADING ON JUNE 24
    * PLACEMENT OFFERED 5.0 MLN NEWLY ISSUED SHARES AND 1.7 MLN
SHARES
BELONGING TO SHAREHOLDER EXPERT SYSTEM FOR TOTAL OF 6.7 MLN
SHARES
    * TOTAL SHARE CAPITAL AT START OF TRADING TO CONSIST OF 15.0
MLN
SHARES WITH CAPITALIZATION OF EUR 47.3 MLN
    * FREE FLOAT TO AMOUNT TO 44.7%

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA19kcjc
    
 Further company coverage:  IPO-CY4G.MI  
   


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