Drums Investment Partners (Tip) closed 2014 with a consolidated net profit of approximately 28,5 million euros, down compared to 31,8 million in 2013 (in which there was a gross capital gain of 31 million on the sale of the Printemps share ), and proposed the distribution of a dividend of 61 euro cents. As at 31 December 2014, the consolidated net financial position of the group - also taking into account the two existing bond loans for a total of 140 million - was negative by approximately 76 million euro.
Tip communicates it in a note, specifying that the shareholders' equity is approximately 354 million euro, of which approximately 280 attributable to the shareholders of the parent company, after the purchase of treasury shares for over 5 million euro and the distribution of dividends for over 11 million euros. At December 31, 2013, the shareholders' equity was 360 million euros.
As regards 2015, the objectives "are to continue investing both in new operations and to support the development of one's subsidiaries and, if anything, to take advantage of the growing markets for some disposals in companies with less encouraging prospects than others", he continues the note.
In addition to the dividend, the Board resolved to propose the free assignment of new warrants at a rate of one for every four shares, valid for the subscription of Tip ordinary shares deriving from a capital increase for a maximum of 200 million, through the issue of ordinary shares from 0,52 euro each on the basis of a conversion share for a warrant, to be exercised in several periods by 30 June 2020.
