Share

Ipo Sea bankruptcy, F2i clears itself

The company presents a complaint to Consob in which it reconstructs the entire story and claims to have "favored the listing, while respecting its role as an important shareholder of the Sea" - F2i reiterates that "it remains sincerely committed to continuing, indeed to strengthening, a collaborative relationship with the Municipality of Milan”.

Ipo Sea bankruptcy, F2i clears itself

F2i today presented a complaint to Consob to reconstruct the process of the (failed) listing of Sea. A text produced on the basis of "analytical and rigorous documentation, aimed at highlighting the constant collaboration offered by F2i, both towards the Municipality of Milan and towards the Company, in the stock market listing project", writes the company in a note.

From the same documentation "it clearly emerges that F2i, contrary to what has emerged in the media, has favored the listing, while respecting its role as an important shareholder of the Sea“. F2i reiterates that "it remains sincerely committed to continuing, indeed to strengthening, a collaborative relationship with the Municipality of Milan, in order to always share actions, times and methods for developing and enhancing the SEA". 

In particular, in the company meeting held on 10 October, F2i gave “its fundamental vote in favor of the listing. Immediately afterwards, the Municipality of Milan and F2i, last October 29, signed a consultation agreement based on the opportunity to consult on the listing of SEA so that this could take place in full success for SEA and its shareholders”.

Attached to the complaint is the entire correspondence between F2i, SEA and the Municipality of Milan, including the letters exchanged between F2i and the Municipality on 24 and 26 November, from which "the will to collaborate with the Municipality clearly emerges, while respecting reciprocal of the specific points of attention - continues the note -. Therefore, the initiative taken by SEA on 27 November last to communicate to the market, immediately after the aforementioned exchange of letters, with an integration to the information prospectus, a presumed and non-existent conflict between the associates. Therefore, the objective of bringing back to this untrue circumstance a bankruptcy which, on the contrary, is due to quite different reasons, is evident, as is now clear after the publication, in the press, of the pre-marketing data made by the Banks, even before the setting of the price range by the Sea Board".

comments