An update from Lottomatica Group S.P.A. ( (IT:LTMC) ) is now available.
Gamma Intermediate S.à r.l. has completed the sale of 26 million shares of Lottomatica Group S.p.A., representing 10.3% of the company’s share capital, through an accelerated bookbuilding offering to institutional investors. The sale generated gross proceeds of €405.6 million, and Gamma Intermediate retains a 31.6% stake in Lottomatica, with a 60-day lock-up agreement on the remaining shares, potentially impacting the company’s market dynamics and investor relations.
More about Lottomatica Group S.P.A.
YTD Price Performance: 28.43%
Average Trading Volume: 395,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €4.2B
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