Brief: Lottomatica Shareholder Gamma Intermediate To Sell About 6% Stake Through ABB

Lottomatica SpA

20/09/2024 06:37

Sept 20 (Reuters) - Lottomatica Group SpA  LTMC.MI  on
behalf of Gamma Intermediate Sàrl:
    * SHAREHOLDER GAMMA INTERMEDIATE SELLS ABOUT 6% STAKE
THROUGH ABB
    * TOTAL GROSS PROCEEDS FROM PLACEMENT EUR 166.5 MILLION
    * GAMMA INTERMEDIATE TO KEEP ABOUT 51.5% STAKE IN GROUP
    * PLACEMENT FOR EUR 11.1 PER SHARE, SETTLEMENT EXPECTED ON
OR
AROUND SEPT 24
    * BARCLAYS BANK, DEUTSCHE BANK ARE ACTING AS JOINT GLOBAL
COORDINATORS, JOINT BOOKRUNNERS

Further company coverage:  LTMC.MI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))