(Finance) – MFE – MEDIAFOREUROPE (formerly Mediaset, which now trades with shares MFE A And MFE B) communicated that the reverse stock split of the ordinary shares was carried out today category A and ordinary category B shares. The details of the operation had already been disclosed.
In particular, every n° 5 Ordinary Shares A were grouped into 1 new Ordinary A Share with the nominal unit value of each new Ordinary A Share maintained at the pre-grouping amount, i.e. 0.06 euro; And every 5 Ordinary Shares B were grouped into 1 new Ordinary B Share with the nominal unit value of each new Ordinary B Share maintained at the pre-grouping amount, i.e. 0.60 euros.
All this in advance repurchase and cancellation of 4 Ordinary A Shares and 4 Ordinary B Shares and simultaneously with the reduction of the share capital to the extent strictly necessary to keep the respective nominal unit values of the Ordinary A Shares and Ordinary B Shares unchanged before the Grouping.
Furthermore, MFE has disclosed that i official stock market prices registered on the Euronext Milan regulated market, respectively, of the Ordinary A Shares and the Ordinary B Shares as of 20 October 2023 are equal to 0.3683 euros for the Ordinary A Shares and 0.5647 euros for the Ordinary B Shares. At these values the Fractions will be liquidated to those entitled, or the Fraction Agent may be asked to purchase the Additional Ordinary Share or the Ordinary Share on Request.