Brief: Tinexta Says Intesa Sanpaolo Takes A 12% Stake In Co's Subsidiary Warrant Hub

Tinexta SpA

28/10/2022 19:44

Oct 28 (Reuters) - Tinexta - Warrant Hub (Tinexta
Group): Intesa Sanpaolo Takes A 12% Stake In The Company's
Capital  TNXT.MI :
    * 
    * TRANSACTION PROVIDES FOR AN INVESTMENT BY INTESA SANPAOLO
IN
WARRANT HUB - OF EUR 55.0 MILLION
    * TINEXTA SPA -SIGNED BINDING AGREEMENTS WITH INTESA
SANPAOLO
RELATING TO ITS ENTRY INTO SHARE CAPITAL OF WARRANT HUB S.P.A.,
A SUBSIDIARY OF TINEXTA
    * TINEXTA SPA - UPON COMPLETION OF TRANSACTION, 88% OF
WARRANT
HUB'S SHARE CAPITAL WILL BE HELD BY TINEXTA AND 12% BY INTESA
SANPAOLO

Source text for Eikon:  ID:nBIA61zf56 
Further company coverage:  TNXT.MI 
 ((Reuters.Briefs@thomsonreuters.com;))