pminews.it

Casta Diva Group, stock grant for managers

MILANO (AIMnews.it) - The Board of Directors of Casta Diva Group resolved a capital increase without the right of option for a maximum of 380.000 euros reserved for directors, employees and consultants of the company "who have distinguished themselves for their efforts to achieving extraordinary business objectives "as the company explains. 120.000 of the total 190.000 ordinary shares offered under option have already been subscribed at the price of 2 euro per share. Luca Oddo and Andrea de Micheli, respectively Chairman and Chief Executive Officer of Casta Diva Group, will receive 50,000 shares each: the two directors each hold a 38.23% stake in Reload Srl, majority shareholder of Casta Diva Group with 73.02 % of the capital and with today's subscription each of them holds, directly and indirectly, a stake in Casta Diva Group equal to 28% of the share capital. Lastly, the last 2 bonds of the convertible bond loan issued to Bracknor were converted. The new share capital of Casta Diva Group is equal to 6,121,477.50 euro, made up of 12,715,877 ordinary shares: Reload S.r.l. holds 72.27%, the other shareholders with investments of less than 5% have a total of 27.73% of the capital.

11/01/2018