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Maire Tecnimont SpA Announces End of Subscription Period; Updates on Subscription by GLV Capital SpA and ARDECO


Thursday, 18 Jul 2013 02:21pm EDT 

Maire Tecnimont SpA announced that it ended the subscription period for the 271,580,000 new ordinary shares of Maire Tecnimont which was resolved upon by the extraordinary shareholders' meeting held on June 6, 2013. In the period between July 1, 2013 and July 18, 2013 (the Offering Period), n. 33,658,768 subscription rights were exercised for the subscription of n. 269,270,144 new ordinary shares of Maire Tecnimont, representing 99.15% of the total ordinary shares being offered, for an aggregate amount of EUR 133,557,991.41. GLV Capital SpA and ARDECO have subscribed for a total of EUR 74,112,320 (equal to 55.019% of the issue) and EUR 13,471,360 (equal to 10% of the issue) of ordinary shares offered, respectively. Unexercised option rights to be offered on the Mercato Telematico Azionario beginning on July 22, 2013. 

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