Destination Italia, placement of unopted shares and POC bonds starts on 4 December

ADP 9 month revenues at 412 billion euros on traffic

(Finance) – Destination Italyan Italian travel tech company specialized in quality incoming tourism to Italy and listed on Euronext Growth Milan, announced that the December 4th 2023 the placement will open of the maximum 2,342,301 unsubscribed shares during the offer period and the offer of unexercised rights, and issued as part of the capital increase in option approved by the extraordinary meeting of 25 October 2023.

The placement will end on December 6, 2023 and price of subscription of the shares is equal to 0.95 euros for each action, we read in a note.

Furthermore, the company announced that the placement period for up to a maximum of 393 bonds relating to the Convertible Bond Loan “DESTINATION ITALIA POC 2023-2028” with a nominal value of 3,000 euros each, for a maximum total amount of 1,179,000 euros which will be offered for subscription to qualified investors until 11 December 2023.

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