Brief: Iren Approves EUR 20 Mln Capital Hike Underwriting In EGEA

Iren S.p.A.

12/11/2024 11:19

Nov 12 (Reuters) - Iren SpA  IREE.MI :
    * EXERCISES RIGHT UNDERWRITING EUR 20 MILLION CAPITAL HIKE
IN EGEA
    * CAPITAL HIKE UNDERWRITING TO BRING IREN'S SHAREHOLDING IN
EGEA
HOLDING UP TO 55.26% OF SHARE CAPITAL
    * CAPITAL INCREASE WILL ALLOW IREN TO EXERCISE CONTROL OVER
EGEA
HOLDING WITH THE APPOINTMENT OF 4 BOARD MEMBERS OUT OF 7
    * CAPITAL INCREASE WILL ALLOW IREN TO BRING FORWARD BY ONE
YEAR
CONSOLIDATION OF COMPANY, SCHEDEULED FOR 2026


Further company coverage:  IREE.MI 

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