(Finance) – Altea Green Power has communicated that the Global Coordinator Integrae SIM has fully exercised the Greenshoe option granted on the date of admission to listing, for a total of 495,000 ordinary shares, by subscribing and fully freeing the capital increase to service it. The exercise price of the shares subject to the greenshoe option is € 1.20 per share, corresponding to the price established as part of the placement, for a total value of € 594,000.
The company was listed in February 2022 on Euronext Growth Milan and deals with the design and installation of renewable energy plants and offers itself as a “service integrator” the construction of plants in the photovoltaic, wind, cogeneration, biomass and energy efficiency. Following the full exercise of the Greenshoe option, the floating it is equal to 25.75% and the share capital is represented by 16,161,000 ordinary shares. The CEO Giovanni Di Pascale holds 67.57%, Cecilia Martucci 6.68%.