April 10, 2019 / 6:35 AM / 12 days ago

BRIEF-Fope Shareholders Launch Placement Of 5-Pct Stake Via Accelerated Bookbuilding

April 10 (Reuters) - Fope SpA:

* SAID ON WEDNESDAY THAT UMBERTO CAZZOLA, ON BEHALF OF GIULIA CAZZOLA’S HEIRS, HAD LAUNCHED THE PLACEMENT OF STAKE OF 5.0 PCT THROUGH ACCELERATED BOOKBUILDING

* FOLLOWING TOTAL PLACEMENT OF STAKE, FREE FLOAT WILL RISE TO 18.1 PCT FROM 13.0 PCT

* SALE PRICE TO BE COMMUNICATED AT END OF PLACEMENT

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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