Mare Group SpA MIL:MARE:
SAID ON MONDAY ASKED CONVERSION OF ELES' BID TO MANDATORY FROM VOLUNTARY
WAIVED OFFER CONDITIONS
AS OF TODAY, MARE GROUP HOLDS 5,431,480 ELES ORDINARY SHARES, EQUAL TO 28.65% OF VOTING RIGHTS
COMBINED WITH SHARES HELD BY MASSIMILIANO BELLUCCI (ACTING IN CONCERT WITH THE COMPANY), AMOUNT TO 5,510,882 SHARES, EQUAL TO 30.11% OF VOTING RIGHTS
ALL OTHER TERMS, PROCEDURES OF OFFER REMAIN UNCHANGED
Further company coverage: