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Rome: Takeover bid over, ok to delisting. Club will leave the Stock Exchange

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(ANSA) – ROME, JULY 22 – The news that the Roma fans were waiting for is reality: at the expiry of the takeover bid, the Friedkins reached, through Romulus and Remus LLC, the established goal, namely to hold 95% of the shares , and therefore will proceed with the delisting, the exit from the Stock Exchange.

After yesterday’s corporate announcement, which reiterated that the share price would remain flat at 0.45, the hesitant shareholders sold out en masse. 2.5 million shares yesterday, 8 million today, for a total of 10.5 million. The market has therefore listened to the club, perhaps even beyond the expectations of the latter. All the bureaucratic process will be completed between the end of August and mid-September, when Roma will be a private company. The Giallorossi shareholders who sold by 5.25pm ​​today will receive the benefits of the Loyalty Program, a new program in Italy, structured to reward the various ‘souls’ of fans and which provides, among other things, access to exclusive events at Trigoria, while supporters more interested in managerial implications will have the opportunity to meet the top Giallorossi executives and talk with them about the company plans.

The shareholders who have not adhered to the takeover bid will in any case be forced to sell (at the takeover bid price) their shares to Romulus and Remus LLC, given that the latter has reached the threshold of 95% required by law. (HANDLE).

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Source: Ansa

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