Brief: Shareholder Gamma Intermediate Launches ABB On 6% Of Lottomatica's Share Capital

Lottomatica SpA

19/09/2024 17:26

Sept 19 (Reuters) - Lottomatica Group SpA  LTMC.MI  on
behalf of Gamma Intermediate Sàrl:
    * LAUNCH OF ACCELERATED BOOK-BUILDING OFFERING BY
SHAREHOLDER
GAMMA INTERMEDIATE
    * GAMMA INTERMEDIATE WOULD, UPON COMPLETION OF PLACEMENT,
RETAIN
STAKE OF 51.5% OF SHARE CAPITAL OF LOTTOMATICA
    * SALE OF 15 MILLION LOTTOMATICA SHARES REPRESENTING C. 6%
OF
LOTTOMATICA’S SHARE CAPITAL
    * GAMMA INTERMEDIATE HAS AGREED TO 90-DAY LOCK-UP FOR ITS
REMAINING SHARES IN LOTTOMATICA
    * PLACEMENT IS TARGETED AT ELIGIBLE INSTITUTIONAL INVESTORS,
THERE
WILL BE NO PUBLIC OFFERING IN ANY COUNTRY
    * TO ANNOUNCE FINAL TERMS OF PLACEMENT ON SEP 20, 2024 AT
LATEST,
SETTLEMENT FOR PLACEMENT TO TAKE PLACE ON OR AROUND SEP 24

Further company coverage:  LTMC.MI 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))