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Raiway, 30,51% of the capital on the market

Rai has identified an indicative range of valuation of the economic capital between a minimum of 802,4 million and a maximum of 952 million, equal to a minimum of 2,95 euros per share and a maximum of 3,50 euros.

Raiway, 30,51% of the capital on the market

The Rai Board of Directors approved today the final terms of the public offer for the sale of a minority share of Rai Way ordinary shares and the indicative valuation range of the shares was set as part of the listing project on the Mercato Telematico Azionario. A note communicates it. Rai has identified an indicative valuation range of the economic capital ('equity value') between a minimum of 802,4 million and a maximum of 952 million, equal to a minimum of 2,95 euros per share and a maximum of 3,50, XNUMX euros.

The board of directors also resolved on the structure of the global offer of Rai Way shares, defining the maximum number of shares subject to transfer by 83 million shares, corresponding to around 30,51% of the issuer's share capital of Rai, also providing for the granting by Rai, in favor of the coordinators of the global offer, of an over-allotment and greenshoe option for a maximum of 12 million shares. Consequently, assuming full acceptance of the offer and the exercise of the over-allotment and greenshoe options, the global offer will be equal to 34,93% of Rai Way's share capital.

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