Saccheria F.lli Franceschetti, fully exercised the greenshoe option

Saccheria Flli Franceschetti fully exercised the greenshoe option

(Tiper Stock Exchange) – Saccheria Brothers Franceschettileader in Italy in industrial packaging in propylene raffia fabric and listed on Euronext Growth Milan, announced that Integrae SIM fully exercised the greenshoe option in capital increase, granted by the company during the placement of its ordinary shares, for a total of 159,000 ordinary shares.

The reference price of the shares subject to the greenshoe option is equal to 1.25 euro per share, corresponding to the price established in the context of the placement, for a total value of 198,750 euros.

The admission to listing took place following the placement of 1,600,500 ordinary shares for a countervalue, also including the ordinary shares deriving from the exercise of the greenshoe option, of about 2 million euros. The free float is now equal to 18.08%.

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