ILBE, 24% of the share capital changes hands

ILBE shareholder Monika Bacardi confirms commitment after resignation from Board

(Finance) – Iervolino & Lady Bacardi Entertainment (ILBE), a global film production group listed on Euronext Growth Milan and Euronext Growth Paris, announced that MB Media SA (controlled by Monika Bacardi, who left the Board of Directors in March) has sold 8,625,000 ordinary shares to Sport Finance SA.

Consequentially, IA Media SA (a company that refers to the film producer and entrepreneur Andrea Iervolino) remains the main shareholder with 30.66% of the capital (56.99% of the voting rights), now followed by Sport Finance SA with 24.00% of the capital (14.89% of the voting rights) and by MB Media SA with the 22.19% of the capital (13.77% of the voting rights). The market continues to hold 23.16% of the share capital (14.36% of voting rights).

tlb-finance