Takeover bid for Banca Intermobiliare, Trinity rises to 96.5%: towards delisting

Takeover bid Banca Intermobiliare subscriptions over 8

(Finance) – Trinity Investments has reached 96.53% of the share capital Of Intermobiliare Bank, an independent private bank listed on Euronext Milan. The threshold condition (of owning at least 95% of the capital) of the total voluntary public purchase offer (OPA) is thus fulfilled and the title is about to leave Piazza Affari. Following the fulfillment of the joint procedure (without reopening the deadlines), Borsa Italiana will order the delisting taking into account the time limits for exercising the right to purchase.

Based on the provisional results communicated by Banca Akros, in its capacity as intermediary in charge of coordinating the collection of acceptances, at the end of the period of acceptance of the takeover bid brought into membership 210,798,607 shares, representing 9.04% of the share capital and voting rights of Banca Intermobiliare and equal to 72.30% of the shares subject of the offer, for a total value of € 10,329,131.74.

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