Olidata changes reference shareholder, return to trading within the year

Olidata changes reference shareholder return to trading within the year

(Finance) – Theordinary and extraordinary assembly from Olidatain the presence of shareholders representing 24.9% of the share capital, approved the financial statements at 31 December 2021, which show a net loss of 10,270,306 euros. The company recalls the five-year suspension of the measures relating to the losses of joint-stock companies. Olidata, which operates in the ICT sector, was founded in 1982 in Cesena. It had been the protagonist of the first IT wave in the 1980s, only to gradually lose importance. He went through an arrangement with creditors.

The shareholders then proceeded to the relative resolution the capital increasemixed, for a fee, partly with the contribution of goods in kind and partly in cash, divisible up to a maximum amount of 10 million eurosthrough the issue, at a price higher than the accounting parity, of new ordinary shares without par value having the same characteristics as those in circulation.

These are offered on a confidential basis, in kind for the amount of 7.5 million euros with contribution of 51% of Sferanet Srland for a fee 2.5 million euros to Le Fonti Group Srl (industrial investor who takes control of companies in the start-up phase or companies in crisis), with the exclusion of the option right. The transfer of the registered office from the municipality of Cesena to the municipality of Rome has also been approved.

The president Riccardo Tassi thanked Cristiano Rufinifounder of Sferanet, who made it possible, with his intervention, to be able to complete the restructuring of Olidata which began in 2016: “It was seven years of hard work, but with this resolution the relaunch of the company is sanctioned. “.

“I express my heartfelt thanks to the collaborators and advisors who have supported me in recent years – he added – Today, in fact, I pass the baton of reference shareholder to Rufini to whom I promised support and maximum collaboration in this phase which includes , within the year, the return to trading of the Olidata stock on the Milan Stock Exchange“.

tlb-finance