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Mittel SpA (MTTI.MI)

MTTI.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Mittel H1 net loss narrows to EUR 1.1 million
12:22pm EDT 

May 24 (Reuters) - Mittel SpA ::H1 NET LOSS EUR 1.1 MILLION VERSUS LOSS EUR 8.2 MILLION YEAR AGO.H1 REVENUE EUR 14.1 MILLION VERSUS EUR 4.4 MILLION YEAR AGO.  Full Article

Mittel to issue bonds due 2023 for up to EUR 175 mln
Tuesday, 16 May 2017 06:00am EDT 

May 16 (Reuters) - MITTEL SPA ::SAID ON MONDAY THAT BOARD APPROVED TO ISSUE A 2017 - 2023 BOND FOR 99 MILLION EUROS WHICH CAN BE INCREASED TO 124 MILLION EUROS.IF IT ISSUES 99 MILLION EUROS IN BONDS IT WILL EXERCISE THE VOLUNTARY EARLY REDEMPTION AND LAUNCH A SWAP OFFER ON THE 2013 - 2019 BONDS (2013 BOND).THE VOLUNTARY EARLY REDEMPTION ON THE 2013 - 2019 BONDS IS COVERS 50 PCT OF NOMINAL VALUE AND IS AT 102 PCT OF THE NOMINAL PRICE .THE DISBURSMENT FOR THE EARLY BOND REDEMPTION AMOUNTS TO 51 MILLION EUROS.THE VOLUNTARY BOND SWAP OFFER ON THE REMAINING 2013 BONDS FOR 51 MILLION EUROS IS AT A 2 PCT PREMIUM ON THE NOMINAL VALUE .THE MAXIMUM TOTAL AMOUNT OF THE 2017 BOND ISSUE WILL BE 175 MILLION EUROS WITH MATURITY IN SIX YEARS AND A GROSS RETURN RATE OF 3.75 PCT.  Full Article

Mittel buys 75 percent stake in Gruppo Zaffiro
Wednesday, 9 Nov 2016 12:34pm EST 

Mittel SpA : Buys 75 percent stake in Gruppo Zaffiro for a total investment of 21.5 million euros ($23.53 million), which includes financing for 8 million euros .Gruppo Zaffiro operates in the healthcare sector, offering long term care services to elderly patients.  Full Article

Mittel Q3 net loss shrinks to EUR 0.7 mln
Friday, 29 Jul 2016 02:39am EDT 

Mittel SpA : Reported on Thursday Q3 (quarter ended June 30) net loss of 0.7 million euros ($775,600.00) versus loss 6.4 million euros year ago .Q3 revenue of 1.8 million euros versus 3.6 million euros year ago.  Full Article

Mittel incorporates Mittel Portfolio and Mittel PS
Friday, 8 Jul 2016 09:56am EDT 

Mittel SpA :Incorporates Mittel Portfolio Management Srl (Mittel Portfolio) and Mittel Partecipazioni Stabili Srl (Mittel PS).  Full Article

Mittel H1 2015/2016 net loss widens to EUR 8.2 mln
Friday, 27 May 2016 02:30am EDT 

Mittel SpA : Reported on Thursday H1 2015/2016 net loss of 8.2 million euros ($9.18 million) versus loss of 8.0 million euros a year ago .H1 revenue 3.1 million euros versus 12.7 million euros a year ago.  Full Article

Mittel SpA to incorporate two wholly-owned units
Tuesday, 22 Mar 2016 03:10pm EDT 

Mittel SpA:It submitted project for incorporation of its wholly-owned units, Mittel Portfolio Management Srl and Mittel Partecipazioni Stabili Srl.  Full Article

Mittel SpA director general Gaetano Casertano resigns
Wednesday, 3 Feb 2016 12:27pm EST 

Mittel SpA:Ends by mutual agreement the contract of employement of director general Gaetano Casertano.Director general Gaetano Casertano resigns.Says it does not intend to appoint a new director general.  Full Article

Mittel SpA appoints Rosario Bifulco as new CEO
Monday, 16 Nov 2015 01:50am EST 

Mittel SpA:Appoints Rosario Bifulco new Chief Executive Oficer.  Full Article

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BRIEF-Mittel H1 net loss narrows to EUR 1.1 million

* H1 NET LOSS EUR 1.1 MILLION VERSUS LOSS EUR 8.2 MILLION YEAR AGO