Wednesday, August 13, 2014

Damiani float below 20%, it will ask the exclusion of qualification … – The Messenger

Damiani float below 20%, it will ask the exclusion of qualification … – The Messenger


 (AGI) – Damiani, Italian Stock Exchange ask for the exclusion from the STAR qualification for their actions, then they will continue to be traded on the ordinary segment (MTA).
The reasons for the choice, the company said in a note to riceracare are “in the broader process of organizational review of the group that intends to focus more on business growth by streamlining and focusing the structure.” The decision was taken by the Board of Directors of Damiani who also noted that the floating “to date has fallen below 20% of the share capital, the minimum required for the presence in the STAR segment” therefore considers that “there is no In short, the conditions so that the float is re-places above the minimum threshold. ” Consequently, the output of the Star segment of the society ‘will cease to employ the specialist and ensures that “will continue to maintain the transparency requirements to guarantee all investors.” 13 August capitalization Damiani stood at 104.9 million euro and liquidity ‘of the title was equal to 20,141 pieces per day (average for the last two months), for a total of about 28,201 euro.

 13 August 2014 19:41 – Last Updated: 19:41

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