(Tiper Stock Exchange) – Tessellisa group born from the merger between Linkem Retail and Tiscali, today received from MM Partecipazioni, the holding company of M. Marocco, an entrepreneur in the finance and telecommunications sector, an irrevocable commitment to subscribe a part of the shares deriving from the capital increase approved by the Board of Directors on 11 May 2023.
MM Partecipazioni, which is not currently a shareholder, has irrevocably undertaken to subscribe the shares deriving from the Capital Increase, for an amount equal to 500,000 eurosamong those that may have remained unexercised following the offer of the option rights, by the second open market day following the conclusion of the stock market offer of the unexercised option.
The subscription commitment – explains a note – is subject to the condition that the subscription price does not exceed Euro 0.50 per share and is not backed by guarantees.
The Company informs that “all the commitments to subscribe for the Capital Increase received to date are not conditional on each other and that there are discussions with other shareholders, as well as with institutional third parties, who have expressed an interest in subscribing the Capital increase”.
The Company “will promptly notify the market in the event that other subscription commitments are formalised”.