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Carige: the Stock Exchange is betting on new investors and the stock soars

The Carige Foundation has sold 10,86% of the institute's shares, taking it to 19% of the capital - The unit selling price of the package should be 0,386 euros, 6% lower than the current stock market prices: however, the market appreciates the contestability of the Bank and bets on imminent twists.

Carige: the Stock Exchange is betting on new investors and the stock soars

The share of Banca Carige flies to Piazza Affari, which at the end of the morning earns over 6 percentage points, with shares trading at 0,4355 euros. The wave of purchases comes after the Carige Foundation announced last night that it had completed the sale of 10,86% of the institute's shares, taking it to 19% of the capital. 

According to an estimate, the unit sale price of the Foundation's share package should be 0,386 euros, 6% lower than current stock market prices. However, the market appreciates the Bank's contestability and is betting on imminent twists and turns, with investors who could take the field to win control.  

The total consideration resulting from the Foundation's transaction is approximately 91,2 million. The securities were sold to a small number of institutional investors.

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