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MILAN, May 19 (Reuters) – Helm Trust has announced the start of the share transfer Azimut up to a maximum of 5.26% of the share capital through an accelerated bookbuilding to institutional investors.
And ‘what we read in a note to Timone Fiduciaria, which acted on the mandate received from some of the Participants in the shareholders’ agreement, after the 11.3% stake in the company was removed from the lock constraint of the Pact.
Helm Trust, explains the press, it has a lock-up of 180 days for the sale of additional shares Azimut behalf of participating in the operation, and only for shares held by the latter (upon completion of the placement, amounting to 2.7% of the share capital of the company? a).
As a result of the placement, the CEO Pietro Giuliani will retain a stake of at least 0.35% of the share capital.
This morning, a note announcing that the shareholders participating in the shareholders’ agreement it had modified the terms, subtracting the constraint of block shares, equal to ’11, 3% of the capital and making them, so sold on the market.
Members of the pact could choose whether to give rudder firm commissioned to conduct the sale with the sale of the joint actions to be carried out between now and 31 December next or sell shares on the market from the thirtieth day after yesterday.
In the placement Morgan Stanley? sun acts as global coordinator and joint bookrunner and Credit Suisse as joint bookrunner for the placement.
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