Brief: Ops Retail Deems Orion Capital Subject To Rules On Transactions With Related Parties

Ops Retail SpA

26/03/2026 06:20

March 26 (Reuters) - Ops Retail SpA OPR.MI upon request of Borsa Italiana SpA:

SAID ON WEDNESDAY COMPANY HAD CONDUCTED CHECKS OVER APPLICATION OF RULES ON RELATED-PARTY TRANSACTIONS

DEEMS APPROPRIATE TO SUBJECT ORION CAPITAL, RELATED RELATIONSHIPS TO RULES GOVERNING TRANSACTIONS WITH RELATED PARTIES

NO EVIDENCE TO SUGGEST SIGNIFICANT CONNECTION WITH GCII, WHICH REMAINS EXCLUDED FROM COMPANY'S LIST OF RELATED PARTIES

GCII INFORMED COMPANY IT REVOKED ORION CAPITAL'S TRUST MANDATE, WHILE IT WILL CONTINUE TO IMPLEMENT INVESTMENT AGREEMENT DIRECTLY

USE OF CONVERTIBLE BOND LOAN DOES NOT IN ITSELF POSE A RISK TO BUSINESS CONTINUITY, MERELY ENTAILS REWORKING OF BUSINESS PLAN

 Further company coverage: OPR.MI

 (Gdansk Newsroom)

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