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Primi sui Motori SpA (PRSM.MI)

PRSM.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Primi Sui Motori issues 637,983 shares for total EUR 1.1 mln as tranche of capital increase
Friday, 19 May 2017 10:58am EDT 

May 19 (Reuters) - Primi Sui Motori SpA ::ISSUES 637,983 NEW SHARES FOR TOTAL EUR 1.1 MILLION AS TRANCHE OF CAPITAL INCREASE.  Full Article

Primi sui Motori proceeds with placement of up to 1.1 mln shares
Wednesday, 3 May 2017 07:10am EDT 

May 3 (Reuters) - Primi sui Motori SpA ::Proceeds with placement of up to 1,141,292 ordinary shares which were not placed in first tranche of capital increase ended on March 17.Shares to be issued at price of EUR 1.74 per share by May 19.The capital increase of up to 4.0 million euros ($4.36 million) approved on Feb. 13 will be considered completed on May 19 regardless of whether all the remaining shares will be placed .  Full Article

Primi sui Motori FY net loss shrinks to EUR 3.1 mln
Thursday, 23 Mar 2017 01:00am EDT 

Primi sui Motori SpA : Reported on March 22 FY production value 12.6 million euros versus 8.8 million euros a year ago .FY net loss 3.1 million euros versus loss 6.4 million euros a year ago.  Full Article

Primi sui Motori reaches partnership with Google Italia
Friday, 10 Mar 2017 12:21am EST 

Primi sui Motori SpA : Said on Thursday it reached a partnership with Google Italia .Targets 10,000 new small and medium cap companies in the next two years.  Full Article

Primi sui Motori to merge by incorporation Crearevalore Srl
Monday, 6 Mar 2017 01:19am EST 

Primi sui Motori : Said on Saturday to start merger by incorporation of its unit Crearevalore Srl .Primi sui Motori owns 99 pct of Crearevalore.  Full Article

Primi sui Motori to issue first tranche of "PSM 90 2017-2021" bonds
Tuesday, 21 Feb 2017 02:22am EST 

Primi sui Motori SpA :Said on Monday that on February 23 it will issue the first tranche of bonds "PSM 90 2017-2021" of up to 2.2 million euros ($2.33 million), at the nominal value of 10,000 euros per bond.  Full Article

Primi sui Motori implements 4 mln euro capital increase
Monday, 13 Feb 2017 12:09pm EST 

Primi sui Motori SpA : Launches capital increase for up to 4 million euros ($4.24 million) . To issue up to 2.3 million shares in one or more tranches by Dec. 31, 2018 . Newly issued shares to be offered for subscription in a private placement . Board approves a bond issue program for up to nominal 9.5 million euros .Bonds will have the duration of six years and will bear an interest for the fixed annual gross rate of 5.5 percent.  Full Article

Primi sui Motori approves industrial plan 2017-2021
Wednesday, 8 Feb 2017 12:01am EST 

Primi sui Motori SpA : Says under its 2017-2021 industrial plan it expects FY 2017 consolidated revenue of 20 million euros ($21.33 million) and EBITDA of over 4.2 million euros .Sees FY 2021 revenues of about 29.5 million euros and EBITDA of over 7.8 million euros.  Full Article

Primi sui Motori reports results of additional offer period for bond due 2021
Tuesday, 29 Nov 2016 12:24pm EST 

Primi Sui Motori SpA :1,500 bonds "PSM 2015-2021-Obbligazioni Convertibili" for 1,000 euros ($1,062.50) each were subscribed in additional offer period.  Full Article

Primi sui Motori 9-month unconsolidated EBITDA turns positive to EUR 1.0 mln
Friday, 18 Nov 2016 09:06am EST 

Primi Sui Motori SpA : Reports 9-month unconsolidated production value 7.8 million euros versus 4.9 million euros a year ago . 9-month unconsolidated positive EBITDA 1.0 million euros ($1.06 million) versus negative EBITDA 1.5 million euros a year ago . Sees FY 2016 consolidated revenue between 12 million euros and 13 million euros .Sees FY 2016 consolidated EBITDA margin between 8 percent and 10 percent.  Full Article

More From Around the Web

BRIEF-Primi Sui Motori issues 637,983 shares for total EUR 1.1 mln as tranche of capital increase

* ISSUES 637,983 NEW SHARES FOR TOTAL EUR 1.1 MILLION AS TRANCHE OF CAPITAL INCREASE Source text: http://reut.rs/2qFcWhH Further company coverage: (Gdynia Newsroom)