Brief: Mare Group To Buy 70.6% Of La Sia

La Sia SpA

13/02/2025 06:23

Feb 13 (Reuters) - Mare Engineering Group SpA  MARE.MI :
    * SIGNS BINDING AGREEMENT TO ACQUIRE 70.6% SHARE CAPITAL IN
LA SIA
FROM CSE HOLDING, ASPASIA, GLSR
    * CONSIDERATION IS AT 82.3% THROUGH SHARE EXCHANGE, 17.7%
CASH
    * 2,560,000 SHARES OF MARE GROUP TO BE CORRESPONDED THROUGH
CAPITAL INCREASE RESERVED TO LA SIA IN MARE GROUP FOUNDERS
    * EUR 2.4 MLN TO BE PAID IN CASH TO LA SIA IN MARE GROUP
FOUNDERS
    * AFTER CLOSING, REMAINING 29.4% OF LA SIA SHARE CAPITAL TO
BE
OFFERED AT SAME CONDITIONS 
    * FOR EACH MINIMUM LOT OF 500 LA SIA SHARES, 320 MARE GROUP
SHARES, EUR 310 CASH, INCLUDING 16.7% PREMIUM ON LA SIA CLOSING
PRICE OF FEBRUARY 12

    
 Further company coverage:  MARE.MI  

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