Brief: WIIT Approves Capital Increase Of Up To 1.5 Mln Shares Via ABB

Wiit SpA

07/06/2021 17:14

June 7 (Reuters) - Wiit SpA  WIIT.MI :
    * WIIT APPROVES A CAPITAL INCREASE OF MAXIMUM NO. 1,500,000
SHARES
RESERVED TO INSTITUTIONAL INVESTORS TO SUPPORT M&A STRATEGY 
    * LAUNCH OF RESERVED PLACEMENT OF MAXIMUM 1,500,000 NEWLY
ISSUED
SHARES THROUGH ACCELERATED BOOKBUILDING OFFERING
    * POSSIBILITY TO INCREASE OFFERING BY  ADDITIONAL 600,000
WIIT
SHARES OFFERED BY CONTROLLING SHAREHOLDER WIIT FIN
    * WIIT FIN CURRENTLY HOLDS ABOUT 57.98% OF SHARE CAPITAL OF
WIIT 
AND 73.07% OF VOTING RIGHTS
    * FOLLOWING COMPLETION OF PLACEMENT WIIT FIN WILL  CONTINUE
TO
MAINTAIN LEGAL CONTROL ON  COMPANY

Source text for Eikon:  ID:nBIAc9Cw4Z 
Further company coverage:  WIIT.MI