Brief: Giglio Group Starts Capital Increase Via ABB

Ops Ecom SpA

20/12/2023 06:59

Dec 20 (Reuters) - Giglio Group SpA  GGTV.MI :
    * SAID ON TUESDAY IT STARTS FROM DEC 20 A CAPITAL INCREASE
RESERVED TO INSTITUTIONAL INVESTORS AND QUALIFIED SHAREHOLDERS
THROUGH ACCELERATED BOOKBUILDING PROCEDURE (ABB)
    * SUBSCRIPTION PRICE FOR NEWLY ISSUED SHARES DETERMINED BY
WEIGHTED AVERAGE OF OFFICIAL PRICE OF GIGLIO GROUP SHARES FOR
LAST THREE MONTHS OF TRADING PRIOR TO ISSUANCE DATE MINUS
DISCOUNT RANGING 5-20%
    * CAPITAL INCREASE TO BE EQUAL TO MAXIMUM OF 20% OF
CURRENTLY
EXISTING SHARE CAPITAL (EQUAL TO 21,968,022 ORDINARY SHARES, OF
WHICH 20% IS EQUAL TO 4,393,604 ORDINARY SHARES)

    
 Further company coverage:  GGTV.MI  

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