(Finance) – Based on preliminary data available at the end of the offer period, the takeover bid launched by CIR on n. 131,147,541 treasury shares of the Company collected subscriptions for a total of no. 164,431,035 shares, equal to approximately 125.38% of the shares Subject to the Offer and approximately 15.70% of the Issuer’s share capital.
The Offer was promoted on a maximum n. 131,147,541 CIR shares listed on the Mercato Telematico Azionario. The Consideration for each Share offered and purchased is equal to Euro 0.61.
Taking into account the exceeding of the maximum number of shares envisaged by the Offer, we read in a note, the distribution will be carried out, with a coefficient provisionally calculated at 79.76%.
In light of the preliminary data, the treasury shares held by CIR will be approximately 15.58% of the share capital.