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Rizzoli Corriere Della Sera Mediagroup SpA Announces Closing of Period of Offer on Option

Monday, 8 Jul 2013 05:11am EDT 

Rizzoli Corriere Della Sera Mediagroup SpA (RCS) announced that July 8, 2013 is the end of the period of offer on option to shareholders of 323,807,079 common shares and 77,878,422 Category B Preferred Shares of RCS, resulting from the capital strengthening approved by the Extraordinary Shareholders' meeting of May 30, 2013. In the period from June 17, 2013 to July 5, 2013 included, 91,696,119 option rights were exercised for the subscription of 275,088,357 new RCS common shares, equal to 84.95% of the total common shares offered, and 24,810,697 for the subscription of 74,432,091 new RCS category B preferred shares, equal to 95.57% of the total Category B preferred shares offered, for a total amount of EUR 359,681,921.29. Mediobanca - Banca di Credito Finanziario SpA, Fiat SpA, Fondiaria SAI SpA, Pirelli & C. SpA, Intesa Sanpaolo SpA, Mittel Partecipazioni Stabili Srl, Edison SpA, Italmobiliare SpA, ERFIN Eridiano Finanziaria SpA and Sinpar Societa di Investimenti e Partecipazioni SpA have reportedly subscribed a total of EUR 244 million worth of common shares offered. At the end of the period of offer, the unexercised option represented 15.05% of the common shares offered, and 4.43% of the category B preferred shares offered of Category B tenders (the Rights), equal to an aggregate amount of EUR 61,091,238.38. The Rights will be offered on the stock exchange, on behalf of RCS, by Banca IMI SpA, at the sessions of July 10, 11, 12, 15 and 16, 2013.