Brief: UCapital24 Sells Alphiewealth Stake, BuyS 889,710 Own Shares

Ucapital24 SpA

23/06/2023 06:48

June 23(Reuters) - UCapital24 SpA  U24.MI :
    * SAID ON THURDAY IT SIGNED AGREEMENT TO SELL 100% STAKE IN
ALPHIEWEALTH TO SUBJECT INDICATED BY MASADA LTD FOR A SYMBOLIC
PRICE  
    * UCAPITAL BOUGHT 889,710 OWN SHARES FROM MASADA LDT FOR EUR
170,000, WITH PAYOFF OF EUR 156,000 TO MASADA LTD AND EUR 14,000
TO ROBERTO MAVIGLIA
    * AGREEMENT SETTLED ALL CONTROVERSIES ABOUT REVERSE TAKEOVER
OF
ALPHIEWEALTH SHARE CAPITAL

    
 Further company coverage:  U24.MI  

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