Brief: Reply Says Alika Will Start Sale Of Up To 2 Mln Reply Shares

Reply SpA

01/06/2020 16:51

June 1 (Reuters) - Reply SpA  REY.MI :
    * ALIKA TO START SELLING UP UNTIL 2 MILLION OF CO SHARES
    * SALE TO OCCUR THROUGH ACCELERATED BOOKBUILD OFFERING TO
INSTITUTIONAL INVESTORS
    * OVERALL AMOUNT OF SOLD SHARES EQUAL TO APPROX 5.3% OF CO
    * ALIKA AGREED TO 180-DAY LOCK-UP PERIOD WITH RESPECT TO ITS
REMAINING STAKE IN REPLY

Source text for Eikon:  urn:newsml:reuters.com:*:nBIAbMSWxl
Further company coverage:  REY.MI 

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