vetrya.it
INVESTOR FINANCIAL NEWS
Back to Press Releases
Vetrya concluded positively the share capital increase
Vetrya concluded positively the share capital increase

This release and any information contained therein cannot be published, distributed or transmitted, directly or indirectly, in the United States, Canada, Australia or Japan or any other jurisdiction where this constitutes a violation of law

(print pdf)

Vetrya [VTY.MI] – the Italian group quoted on the Italian Stock Exchange on AIM Italia / Alternative Capital Market and the recognized leader in the development of digital services, applications and broadband solutions declares that it has successfully completed the share capital increase by issuing n. 877,591 new ordinary shares at a price of Euro 6 per share for a total value of approximately Euro 5.3 million including surcharges.

Vetrya S.p.A. ("Vetrya"), following the press release issued on October 2, 2017, announces that it has successfully completed the placement of 877,591 newly issued ordinary shares at a price of Euro 6 (surcharges included) per share for a total value equal to Euro 5,265,546 including surcharges.

The transaction was carried out through a reserved placement of qualified investors, as defined by Art. 100 of TUF, 34-ter of Regulations 11971 and 26 of Consob Regulation no. 16190 of 29 October 2007 and other subjects in the European Economic Area (EEA), excluding Italy, which are "qualified / institutional investors" within the meaning of Article 2 (1) (e) of Directive 2003/71 / EC with the exception of institutional investors in Australia, Canada, Japan and the United States and any other foreign country where the placement is not possible without the authorization of the competent authorities).

The transaction regulation (delivery of the shares and respective payment) will take place on the 5th of October 2017.

Following the full subscription of newly issued shares, the increased share capital is now of 6,582,975 ordinary shares, which approximately 28.60% is represented by the floating.

Intermonte and EnVent Capital Markets acted as Joint Bookrunner for the operation

 

______

The information contained in this release is for information purposes only and is not intended as complete or exhaustive and is subject to change. Therefore, it cannot be considered reliable concerning such information or its completeness or accuracy. The distribution of this release can be prohibited or restricted under the laws and regulations applicable in some countries. This press release cannot be published, distributed or transmitted directly or indirectly in the United States, Australia, Canada or Japan or any other jurisdiction where this constitutes a violation of law. This document does not constitute a sale offer, or the solicitation of a purchase request, of financial instruments. The offering and sale of the financial instruments referred to in this document has not been, will be, registered in accordance with the US. Securities Act of 1933 and such financial instruments may not be offered or sold in the United States without such registration or subject to applicable exemptions. No public offer to the United States will be made in connection with this transaction nor any offer to the public in Italy as the private placement procedure reserved for Qualified Investors, as defined in CONSOB Regulation no. 11941 of 14 May 1999, as subsequently amended

OTHER NEWS