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Fope starts accelerated bookbuilding to expand floating

MILAN (AIMnews.it) - Umberto Cazzola, Chairman of Fope, on behalf of Giulia Cazzola’s heirs, holder of 753,090 ordinary shares, Ines Cazzola, Deputy Chairman of Fope,  holder of 1,872,920 ordinary shares and Diego Nardin, Chief Executive Officer,  holder of 326,160 ordinary shares amounting to respectively 15.1%, 37.5% and 6.5% of FOPE’s share capital, in order to extend the free float and increase the share liquidity, notified the launch of an accelerated bookbuilding, for the placement reserved to Italian and foreign institutional investors of total 251,440 ordinary shares, amounting to 5.0% of the share capital of FOPE. Following the total placement of the 251,440 shares, the Company’s free float will go from actual 13.0% to 18.1%.

 

09/04/2019