(Tiper Stock Exchange) – Marzocchi Pumps a company listed on Euronext Growth Milan and active in the field of high performance gear pumps and motors, announced that the shareholder Abbey Road Srl (attributable to the president Paolo Marzocchi) has increased its stake from 59.63% to 61.19%. The transaction is linked to the conclusion of the employment relationship with Aldo Toscano (as communicated in July 2022) and follows the shareholders’ agreements signed before entering the AIM market (now Euronext Growth Milan).
In particular, Abbey Road Srl has exercised the option granted to the same for the purchase of the entire Toscano share package (corresponding to approximately 1.57% of the share capital) at fixed price already agreed at the date of signing of the aforementioned agreements and equal to original book value of the participation, equivalent to 70,000 euros.