CONSOB blocks abusive takeover bid by JSC Handel for Piaggio

OPA Digital360 offer document filed with CONSOB

(Finance) – The CONSOB he ordered the temporary cessation for a period of thirty days, pursuant to art. 187-octies, paragraph 6, letter. a), of the Legislative Decree. n. 58/1998, ofpublic purchase offer (OPA) of the ordinary shares of Piaggioan Italian vehicle manufacturer listed on Euronext Milan, promoted by JSC Handel Gruppe.

Furthermore, CONSOB has asked LinkedIn to remove from two web pages attributable to Pierluigi Di Cieri (Independent Director and Investor at JSC Group), i illegal content present within them and in particular the document in “pdf” format published there entitled “Letter of Offer to Piaggio & Co. SpA” as they constitute a means of promoting the abusive activity.

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