(Alliance News) - Vianini Spa announced Monday that it has approved the terms and conditions of the paid capital increase for a maximum total amount of EUR60 million through the issuance of a maximum of 75.6 million ordinary shares in the ratio of 5 new shares for every 2 shares held at a subscription price of EUR0.797 per new share.

In addition, the company communicated the subscription commitment by Capitolium Srl for its share of 26.167% of the share capital, as well as all shares that will remain unopted following the IPO.

The company also announced the subscription commitment by Caltagirone Spa for its own share, amounting to 55.213 percent of the share capital.

Vianini on Monday closed flat at EUR0.89 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.