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Sintesi Societa di Investimenti e Partecipazioni SpA Approves Share Capital Increase; Approves Convertible Bond Issuance


Thursday, 4 Jul 2013 02:40pm EDT 

Sintesi Societa di Investimenti e Partecipazioni SpA announced that the Board of Directors has decided to increase the share capital for up to maximum EUR 17,488,873.80, through the issuance of new ordinary shares, to be offered in option to the Company's shareholders. The deadline for the subscription of the new shares has been set on December 31, 2013. Further terms and conditions will be decided by a Board of Directors meeting. Sintesi Societa di Investimenti e Partecipazioni SpA also announced that it has decided to issue a bond convertible in shares called, Sintesi S.p.A. 6% 2013-2018 convertibile con facolta di rimborso in azioni, for maximum EUR 12,145,051.00, offered to shareholders of the Company. The deadline for the subscription of the convertible bond has been set on December 31, 2013. The bond has a duration of 5 years until June 30, 2018 

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