PRISMI S.p.A. ("Prismi" or the "Company"), one of the leading companies in the web and digital marketing sector, listed on the Euronext Growth Milan market ("EGM"), a multilateral trading facility, further to the communication dated 21 November, provides the following clarification: - The stake of Alascom Srl, as a result of the reserved capital increase, will be higher than 50% (instead of higher than 51%).
- The price per share of the capital increase reserved for Alascom S.r.l., ADV Capital S.r.l., Medialife S.r.l., and Petroleo OU will be ?0.065 (instead of a maximum price of ?0.065).
- The capital increase reserved for the three investors ADV Capital S.r.l., Medialife S.r.l., and Petroleo OU, totaling ?300,000, will be added to the capital increase reserved for Alascom S.r.l.
- Regarding the first tranche of the capital increase reserved for Alascom Srl, amounting to ?500,000, it is reported that the payment was made on 20 November to the Notary's escrow account, who subsequently transferred it to Prismi on 22 November 2023.
- As for the tranche mentioned in point c) (?1.33 million in cash) reserved for Alascom S.r.l., it is specified that the related newly issued shares will not be admitted to trading and will be held by the Company until they are fully paid.
- These shares will be assigned a different ISIN code from the ordinary shares currently in circulation.
- The extraordinary meeting of warrant holders and the extraordinary shareholders' meeting will be convened by 18 December 2023 for the purpose of amending the warrant regulations, including the quantity, exercise price, and duration of the warrants.
- The above-mentioned amendment terms will be defined in a subsequent Board of Directors meeting to be held by 29 November.
- The exercise of the delegation for the capital increase by the three financial investors (ADV Capital S.r.l., Medialife S.r.l., and Commercio Petroleo OU) will take place by 15 December, following the termination of the syndicate agreement signed on 31 March 2021 by Syner.it Informatica Srl, ADV Capital S.r.l., MAG 14 S.r.l., and 1111 Capital S.r.l.
- The exercise of the delegation for the second and third tranches of the capital increase reserved for Alascom S.r.l. (contribution in kind of minority stakes in M.R. Service Srl and Alascom Ict Srls for a total value between ?1.6 million and ?2.5 million and a cash capital increase of ?1.33 million) will be exercised after the extraordinary meeting of warrant holders and the extraordinary shareholders' meeting, by 20 December 2023 for the second tranche and by 22 December 2023 for the third tranche.
(NEWS Traderlink)