Brief: Italia Independent Group sets terms of capital increase

IIG SpA in Liquidazione

27/10/2016 07:10

Oct 27 (Reuters) - Italia Independent Group SpA  IINT.MI : 
    * Said on Wednesday that the subscription price of its 
rights issue was set at 3.4 euros ($3.71) per share 
    * To issue up to 1.4 million shares for the value of up to 
4.9 million euros under rights issue 
    * Shareholders to be able to subscribe to 13 new shares 
every 20 option rights 
    * Option and pre-emption right offer period to run from Oct. 
31, included, to Nov. 17, included 
    * Subscription price of its reserved capital increase was 
set at 5.75 euros per share 
    * To issue up to 1.8 million shares under reserved capital 
increase for the value of up to 10.1 million euros 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA262fc 
     
 Further company coverage:  IINT.MI   
    
 
 
 
($1 = 0.9173 euros) 
 
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