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BRIEF-Equita to start trading on AIM Italia as of Nov. 23
November 22, 2017 / 9:39 AM / 24 days ago

BRIEF-Equita to start trading on AIM Italia as of Nov. 23

Nov 22 (Reuters) - EQUITA GROUP SPA IPO-EQ.MI:

* ‍INSTITUTIONAL PLACEMENT OF EQUITA GROUP SHARES HAS BEEN SUCCESSFULLY COMPLETED​

* ‍OFFER PRICE EQUAL TO EUR 2.90 PER SHARE - APPROXIMATELY EUR 45.2 MILLION HAVE BEEN PLACED​

* ‍TRADING START DATE 23 NOVEMBER 2017​

* ‍DEMAND EQUAL TO ABOUT 2.5 TIMES OFFER​

* ‍POST IPO, FREE FLOAT WILL BE 31.2% OF SHARE CAPITAL AND 42.5% OF ORDINARY SHARES​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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