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Maire Tecnimont, stock market crash after announcement of capital increase

Nothing is known yet on the extent of the capital increase which was announced yesterday in a press release released by the engineering company – The stock is sinking on the Stock Exchange, after reaching an all-time low of 0,45 euros per share – Huge trading volume.

Maire Tecnimont, stock market crash after announcement of capital increase

Stock market crash Maire Tecnimont, after the announcement of the capital increase arrived yesterday evening in a press release, in which the engineering company announced its intention to implement "a financial reorganization project which mainly envisages, once consensus has been reached by the banks, a realignment of the debt to support the business and a simultaneous capital increase social". Nothing is known about the amount of the increase, which will be coordinated by Barclays Bank, although some speculate that it could be around 200 million euros.

In the morning, the Maire Tecnimont share lost 6,55% on the Stock Exchange, at 0,471 euro per share, after having touched 0,45 euro, the lowest level since the group arrived at Piazza Affari. Huge trading volume: Over 1,2 million shares changed hands.

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