June 2, 2017 / 9:31 AM / 2 months ago

BRIEF-Wiit lists on AIM Italia, to start trading as of June 5

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June 2 (Reuters) - WIIT SPA IPO-WIIT.MI:

* SAID ON THURSDAY THAT IT WAS ADMITTED TO TRADING ON THE ITALIAN STOCK EXCHANGE ON AIM ITALIA

* Wiit Is a Provider of Cloud Computing Services

* ADMISSION FOLLOWED THE INSTITUTIONAL PLACEMENT OF 617,200 ORDINARY SHARES PLUS 92,560 ORDINARY SHARES FROM THE EXERCIZE OF THE OVER ALLOTMENT OPTION PROVIDED BY WIIT FIN SRL

* THE INSTITUTIONAL PLACEMENT WAS RESERVED TO ITALIAN QUALIFIED AND FOREIGN INSTITUTIONAL INVESTORS

* 330,010 PLACEMENT SHARES COME FROM A CAPITAL INCREASE WHILE THE REMAINING 287,190 SHARES WERE SOLD BY ORIZZONTE SGR SPA

* Price Per Share Offered Was Equal to 45.00 Euros

* First Day of Trading to Be June 5

Source text: reut.rs/2rLYg3X

Further company coverage: (Gdynia Newsroom)

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