Aquafil S.p.A. Announces €40 Million Capital Increase

Aquafil SpA (IT:ECNL) has released an update.

Aquafil S.p.A. has announced the terms of its capital increase, offering new ordinary shares at €1.10 each, marking a 15.48% discount from the theoretical ex-right price. The capital increase aims to raise up to €40 million, with a significant portion subscribed by the controlling shareholder, Aquafin Holding S.p.A. This move is likely to result in a dilution of 41.49% for non-participating shareholders.

For further insights into IT:ECNL stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.