Ops Retail S.p.a.MIL: OPR

Ops Retail's Board Approves VDB's Proposal For Acquisition Of Stakes

· Issued by Ops Retail S.p.a.

Ops Retail SpA MIL:OPR:

  • BOARD APPROVES VDB'S PROPOSAL FOR ACQUISITION OF STAKES

  • VDB TO BUY 100% OF NETWEEK TV AND NETWEEK PRESS

  • VDB TO ASSUME EUR 4.8 MILLION DEBT TOWARDS BCC DI ROMA

  • PRICE OF TRANSACTION EXPECTED IN RANGE OF EUR 5.1-5.6 MILLION

  • CEO CIRO DI MEGLIO TO FINALIZE SALE CONTRACT