Brief: Racing Force Completes EUR 7.5 Mln Capital Increase

Racing Force SpA

26/06/2024 07:00

June 26 (Reuters) - Racing Force SpA  RFG.MI :
    * SUCCESSFULLY COMPLETED ITS CAPITAL INCREASE, UPSIZED TO 
C.A.
EUR 7.5 MILLION THROUGH AN ACCELERATED BOOKBUILDING PROCEDURE
    * AXON PARTNERS GROUP INVESTMENT, BAHRAIN  MUMTALAKAT
HOLDING
ACTED AS CORNERSTONE INVESTORS.
    * AXON, MUMTALAKAT SUBSCRIBED TO  CAPITAL INCREASE FOR
AROUND EUR
5 MILLION AND AROUND EUR 2 MILLION RESPECTIVELY
    * UPON COMPLETION OF TRANSACTION, SAYE WILL CONTINUE TO BE
REFERENCE SHAREHOLDER WITH A 49.5% INTEREST IN SHARE CAPITAL


Further company coverage:  RFG.MI 

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