Brief: Alika Completes Placement Of 2MM Shares Of Reply Through Accelerated Bookbuild Offering

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01/06/2020 19:33

June 1 (Reuters) - Alika s.r.l.:
    * ALIKA SRL COMPLETES PLACEMENT OF 2MM SHARES OF REPLY
THROUGH AN
ACCELERATED BOOKBUILD OFFERING
    * ALIKA SAYS COMPLETED PLACEMENT ANNOUNCED EARLIER MONDAY OF
2 MM
SHARES OF REPLY CORRESPONDING TO C. 5.35% OF RELEVANT SHARE
CAPITAL, AT EURO 72/ SHARE
    * ALIKA SAYS PLACEMENT WAS CARRIED OUT THROUGH AN
ACCELERATED
BOOKBUILD OFFERING TO INSTITUTIONAL INVESTORS
    * ALIKA SAYS TRADE DATE FOR TRANSACTION WILL BE 2 JUNE 2020,
AND
SETTLEMENT DATE WILL BE 4 JUNE 2020
    * ALIKA SAYS AS RESULT OF SALE, ALIKA WILL OWN 14.87 MILLION
SHARES OF REPLY, REPRESENTING 39.75% OF REPLY'S SHARE CAPITAL,
56.89% OF REPLY'S VOTING RIGHTS
    * ALIKA SAYS HAS AGREED TO A 180-DAY LOCK-UP PERIOD WITH
RESPECT
TO ITS REMAINING STAKE IN REPLY

Source text for Eikon:  ID:nBIA5wG1sW 
Further company coverage:  REY.MI 

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