(Finance) – Destination Italy announces that the option offer period has ended relating to the capital increase approved by the shareholders’ meeting on 25 October 2023.
The capital increase concerned a maximum of 3,157,894 new shares ordinary shares of the Company, without nominal value, having the same characteristics as those in circulation, with regular dividend rights, offered at the price of Euro 0.95 for New Ordinary Share (of which Euro 0.64 to be attributed to capital and Euro 0.31 to share premium reserve), for a total equivalent value equal to a maximum of 2,999,999.30 euros.
The Company announces that during the offer period, which began on 6 November 2023 and ended today, exercise overall 4,077,965 option rights and so they were 815,593 New Ordinary Shares subscribed, corresponding to 25.8% of the total New Ordinary Shares offered, for one total value equal to 774,813.35 euros.
Lensed Star shareholder exercised overall 3,315,790 option rights and signed accordingly 663,158 New Sharesfor a total value of 630,000.10 euros.
At the end of the Option Period they result unexercised 11,711,505 option rights, which give the right to subscribe to maxims 2,342,301 New Ordinary Sharescorresponding at 74.2% of the total of the New Ordinary Shares, for a total value equal to 2,225,185.95 euros.
Unexercised Rights will be offered on Euronext Growth Milanthrough Integrae SIM in the sessions of 27 and 28 November 2023.
subject to early termination of the offer in the event of full sale of the Unexercised Rights.
The Unexercised Rights will be offered on Euronext Growth Milan with ISIN code IT0005569436.