OPA Piteco, subscriptions to 24.8%

Piteco Board of Directors considers the Limbo takeover bid to

(Finance) – As part of the takeover bid (OPA) voluntary totalitarian promoted by Limbo, the holding company of the Podini family (which controls the company), on Piteco, a company listed on Euronext Milan and active in the financial software sector, it appears that today, 20 July 2022, 211,625 applications for membership were submitted. Therefore, overall the requests for adhesions are at 1,767,016, equal to 24.842% of the offer.

The offer started on July 18, 2022 and will end on August 5, 2022. Borsa Italiana reminds that Piteco ordinary shares purchased on the market on 4 and 5 August 2022 will not be able to be contributed in acceptance of the offer.

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