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Impianti Closes 2022–2025 Warrant Programme as Over 2.3 Million Warrants Lapse

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Impianti Closes 2022–2025 Warrant Programme as Over 2.3 Million Warrants Lapse

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Impianti S.P.A ( (IT:MPT) ) has issued an announcement.

Impianti S.p.A. has completed the third and final exercise period of its 2022–2025 warrants, with only 375 warrants exercised, leading to the issuance of an equal number of new ordinary shares at €1.60 each. The remaining 2,332,500 unexercised warrants have lapsed and are now invalid, effectively closing this warrant program and slightly increasing the company’s share capital, while removing a potential source of future dilution for existing shareholders; the updated by-laws reflecting these changes will be published on the company’s and Borsa Italiana’s websites in line with regulatory requirements.

More about Impianti S.P.A

Impianti S.p.A., founded in 1992 and listed on Euronext Growth Milan since December 2022, operates in Italy’s technological innovation sector as a technology scout, system integrator and business developer. The company focuses on ICT and audio/video solutions and develops specialized technologies for the defense and law enforcement markets, serving a broad client base that includes large corporates, multinationals, NGOs, and public-sector entities, where it is registered on more than 100 supplier lists.

Average Trading Volume: 33,375

Technical Sentiment Signal: Hold

Current Market Cap: €7.28M

See more data about MPT stock on TipRanks’ Stock Analysis page.

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