Dec 1 (Reuters) - Giglio Group SpA GGTV.MI :
* TS SUBSIDIARY SALOTTO DI BRERA DUTY FREE S.R.L. HAS
DELIBERATED
AND EXECUTED A CAPITAL INCREASE IN KIND SUBSCRIBED BY MERIDIANA
HOLDING S.P.A. GGTV.MI
* AS A RESULT OF CAPITAL INCREASE, MERIDIANA NOW HOLDS
APPROXIMATELY 67% OF SALOTTO BRERA'S SHARE CAPITAL
* AS A RESULT OF CAPITAL INCREASE, GIGLIO GROUP HOLDS
APPROXIMATELY 33%, LEADING TO SALOTTO BRERA'S EXIT FROM GIGLIO
* GIGLIO GROUP SPA- SALOTTO DI BRERA RESOLVED TO INCREASE
ITS
SHARE CAPITAL BY A TOTAL OF €2 MILLION THROUGH A SUBSCRIPTION
OFFER TO MERIDIANA HOLDING
Source text for Eikon: ID:nBIA2tFkc9
Further company coverage: GGTV.MI
((Reuters.Briefs@thomsonreuters.com;))