Brief: WIIT Completes Placement Of 7.9% Of Capital At EUR 17/Shr Via ABB

Wiit SpA

08/06/2021 06:42

June 8 (Reuters) - Wiit SpA  WIIT.MI :
    * SUCCESSFUL COMPLETION OF THE PLACEMENT RESERVED TO
INSTITUTIONAL
INVESTORS AND FULL SUBSCRIPTION OF WIIT'S CAPITAL INCREASE 
    * THE PLACEMENT OF THE SHARES HAS BEEN CARRIED OUT AT A
PRICE
EQUAL TO EURO 17.00 PER SHARE
    * PLACES 2,100,000 ORDINARY SHARES OF WIIT, EQUAL TO ABOUT
7.9% OF
SHARE CAPITAL OF COMPANY (POST CAPITAL INCREASE) VIA ABB
    * PLACEMENT TO BE SETTLED, BY WAY OF DELIVERY OF SECURITIES
AND
PAYMENT OF CONSIDERATION, ON JUNE 10
    * FOLLOWING CAPITAL INCREASE WIIT WILL ISSUE 1,500,000
ORDINARY
SHARES FOR GROSS OVERALL AMOUNT EQUAL TO EUR  25,500,000.00


Further company coverage:  WIIT.MI 

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