FAE Technology, fully exercised the greenshoe option

FAE Technology fully exercised the greenshoe option

(Tiper Stock Exchange) – FAE Technologya company listed on Euronext Growth Milan and active in the design and production of solutions for the integrated electronics sector, announced that Integrae SIM has fully exercised the greenshoe option in capital increase, granted by the company during the placement of its ordinary shares, for a total of 333,000 ordinary shares.

The price was equal to €1.50 per sharecorresponding to the price established in the context of the placement for admission to trading, for one total value of 499,500 euros (5 million euro between IPO and greenshoe).

Following the full exercise of the greenshoe option, the free float is equal to 21.74%. GML Ventures (company attributable to CEO Gianmarco Lanza and Luciana Giudici) has 75.91%, Sehme (company attributable to Angelo Facchinetti) has 1.57%, William Montalbano has 0.78%.

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