(Tiper Stock Exchange) – Southern Highwaysconcessionaire listed on Euronext Milan, announced that “not be aware of elements that could justify the upward changes in the stock market starting from the end of July 2023″. The communication, reads a note, came after having also heard the controlling shareholder Autostrade per l’Italia.
The stock lost 6.19% today, settling at 15.15 euros. The rally which started at the end of July had brought it from 11.7 euros to 16.15 euros at yesterday’s closing.
The company points out that “therefore, the information already communicated to the market most recently on 24 July 2023 remains unchanged“, on the occasion of the approval by the BoD of the half-year financial report as at 30 June 2023, in relation to the activities in progress, following the takeover of the new concessionaire who took over from 1 April 2022, or that the company is currently engaged in the activities definition and payment of payables and collection of residual receivables deriving from the previous management of the motorway section, including the settlement of items relating to tolls and activities outsourced in previous years.
“There are no further activities in progress” compared to those described, most recently, in the aforementioned press release of July 24, 2023, it is underlined.