Aquafil SpA (IT:ECNL) has released an update.
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Aquafil S.p.A. has announced the terms of its capital increase, offering new ordinary shares at €1.10 each, marking a 15.48% discount from the theoretical ex-right price. The capital increase aims to raise up to €40 million, with a significant portion subscribed by the controlling shareholder, Aquafin Holding S.p.A. This move is likely to result in a dilution of 41.49% for non-participating shareholders.
For further insights into IT:ECNL stock, check out TipRanks’ Stock Analysis page.