Brief: Group Of Institutional Investors Buys 8.88% Of Newlat Food Share Capital

Newprinces SpA

09/06/2023 13:53

June 9 (Reuters) - Newlat Food SpA  NWLF.MI :
    * GROUP OF INSTITUTIONAL INVESTORS BUYS 3.9 MLN TREASURY
SHARES,
EQUAL TO 8.88% OF SHARE CAPITAL
    * CONSIDERATION IS EUR 5.80 PER SHARE
    * SAME INVESTORS ALSO SIGNED OPTION CONTRACT TO BUY,  UNDER
CERTAIN CONDITIONS, REMAINING PART OF TREASURY SHARES HELD BY
COMPANY
    * IS EVALUATING POTENTIAL ACQUISITIONS, INCLUDING A LEADING
UK
COMPANY WITH TURNOVER OF OVER £1 BILLION

Further company coverage:  NWLF.MI 

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