Brief: 7-Industries To Own 11.25% Of Seco

Seco SpA

03/04/2023 06:12

April 3 (Reuters) - Seco SpA  IOT.MI :
    * 7-INDUSTRIES ENTERS GROUP'S CAPITAL
    * 7-INDUSTRIES TO BUY UP TO EUR 65 MILLION WORTH OF SHARES
IN SECO
THROUGH CAPITAL HIKE FOR EUR 4.69PER SHARE
    * FOLLOWING CONSUMMATION OF TRANSACTIONS, 7-INDUSTRIES WILL
HOLD
ABOUT 11.25% OF SECO SHARE CAPITAL POSTDILUTION
    * 7-INDUSTRIES TO BUY FURTHER 0.8% OF SECO SHARE CAPITAL
FROM DSA
S.R.L., HSE S.R.L. AND HCS S.R.L.
    * 7-INDUSTRIES HAS AGREED TO A LOCK-UP PERIOD OF 24 MONTHS

Further company coverage:  IOT.MI 

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