Brief: Rossini Proposes Placing Of About 5% In Recordati Through ABB
Feb 18 (Reuters) - Recordati Industria Chimica e
Farmaceutica SpA RECI.MI on behalf of Rossini Sarl:
* PROPOSES PLACING OF ABOUT 10.5 MILLION ORDINARY SHARES,
EQUAL TO
AROUND 5% IN RECORDATI THROUGH ABB
* AGREED TO A 90-DAY LOCK-UP PERIOD WITH RESPECT TO SALES
OF
ADDITIONAL SHARES OF CO, SUBJECT TO CUSTOMARY EXCEPTIONS.
Further company coverage: RECI.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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