Brief: Gamma Intermediate To Sell 7.9% Of Lottomatica's Share Capital Through ABB

Lottomatica SpA

18/03/2024 16:45

March 18 (Reuters) - Lottomatica Group SpA  LTMC.MI  on
behalf of Gamma Intermediate Sarl:
    * LAUNCHES SALE OF 20 MILLION LOTTOMATICA SHARES EQUAL TO
7.9% OF
LOTTOMATICA’S SHARE CAPITAL THROUGH AN ACCELERATED BOOKBUILD
OFFERING
    * WOULD, UPON COMPLETION OF PLACEMENT, RETAIN A STAKE OF
ABOUT
57.4% OF LOTTOMATICA SHARE CAPITAL
    * AGREES TO 60-DAY LOCK-UP FOR ITS REMAINING SHARES IN
LOTTOMATICA
    * FINAL TERMS OF PLACEMENT EXPECTED TO BE ANNOUNCED BY MARCH
19,
SETTLEMENT FOR THE  PLACEMENT EXPECTED TO TAKE PLACE ON OR
AROUND MARCH 21

Further company coverage:  LTMC.MI 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587720920;))