Rai Way, the transmission tower company controlled by Rai, has received Consob's go-ahead for the publication of the prospectus relating to the public offer for sale and admission to trading on the Milan Stock Exchange. The company announced it.
The offer, which will start next Monday and will last until November 13, concerns a maximum of 83 million shares, corresponding to approximately 30,51% of the share capital. The indicative valuation range of the company's capital is between a non-binding minimum for the purpose of determining the offer price, of 802,4 million, and a binding maximum of 952 million, equal to a non-binding minimum of 2,95. 3,50 euros per share and a binding maximum of 5 euros per share. A XNUMX% bonus share is envisaged for those who hold the titles for at least one year.
Rai Way announced that it closed the first nine months of the year with pro-forma revenues of 155,2 million, pro-forma Ebitda of 80,4 million and pro-forma net profit of 26,9 million. Net financial debt as at 30 September was 73 million. The pro-forma document simulates, starting from 1 January 2014, the accounting effects of the new active and passive service contracts with the parent company Rai, signed on 1 July.
Ray Way plans to debut on the stock market on November 19, following a public offering.
