Gruppo Green Power Spa, a company from Mirano active in the renewable energy sector, has been admitted by Borsa Italiana to trading on Aim Italia. The expected start date for trading is set for 22 January 2014.
The listing took place following a private placement of 315.726 ordinary shares deriving from the capital increase approved by the company's extraordinary shareholders' meeting on 6 November 2013. The post-listing company's free float will be equal to 10,83% of the share capital. The unit price of the shares has been set at 10,50 euro and, on the basis of this price, a capitalization of approximately 30,6 million euro is envisaged. The value of the placement is approximately 3,3 million euro.
There is also the free assignment of a 2014-2016 gp warrant for each share (the number of warrants issued is 2.915.726), as well as the free assignment of a bonus share for every 10 shares reserved for those who subscribed to the shares previously at the start of trading of the shares themselves on Aim Italia and who hold them uninterruptedly for 12 months.
Following the placement, the share capital of the Green Power Group will be equal to 145.786,30, made up of 2.915.726 ordinary shares with no par value.
