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Net Insurance — Capital/Financing Update 2023
Mar 27, 2023
4219_rns_2023-03-27_a9e12fbb-260e-445c-bc39-50c3ce654035.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 20034-17-2023 |
Data/Ora Ricezione 27 Marzo 2023 18:28:53 |
Euronext Star Milan | |
|---|---|---|---|
| Societa' | : | NET INSURANCE | |
| Identificativo Informazione Regolamentata |
: | 174113 | |
| Nome utilizzatore | : | NETINSURANCEN01 - Pennisi | |
| Tipologia | : | 3.1 | |
| Data/Ora Ricezione | : | 27 Marzo 2023 18:28:53 | |
| Data/Ora Inizio Diffusione presunta |
: | 27 Marzo 2023 18:28:54 | |
| Oggetto | : | Partial conversion subordinated bond | |
| Testo del comunicato |
Vedi allegato.
Net Insurance: Partial conversion subordinated bond
Rome, 27 march 2023 – Net Insurance, following the press release of last 23 februardy, announces that, on 21 march 2023 ended the ad hoc conversion period1 in favour of the holders of the bond "€ 5,000,000.00 Fixed Rate Dated Subordinated Convertible Notes due 17 December 2030 (ISIN IT0005429268)".
In particular, the Company informs that the noteholders applied for conversion for a total nominal value equal to Eur 3,200,000 (no. 32 bonds, each with a denomination of 100,000 euros) and no. 533,312 treasury shares2 of the Company were transferred in favour of noteholders to service the aforementioned conversion.
As a result of the partial conversion of the bond with the code Isin IT0005429268, the latter has a new nominal value equal to Eur 200,000.
1 The ad hoc conversion period: from 27 february 2023 to 21 march 2023.
2 The Company currently holds 1,256,629 treasury shares in its portfolio.
Net Insurance is an insurance company that aims to offer protection solutions for Individuals, Families and small- and medium-sized enterprises. Net Insurance's history, financial strength, agility and offering of innovative products and approaches make it a unique player within the Italian insurance industry. An evolving and future-oriented company.
CONTACT INFORMATION
Net Insurance S.p.A. Via Giuseppe Antonio Guattani, 4 00161 Rome https://www.netinsurance.it/
Press Office
Investor Relator
Rossella Vignoletti M: +39 347 7634424 Tel: +39 06 89326299 e-mail: [email protected]
Ottavio Pennisi Tel: +39 06 89326518 Fax: +39 06 89326300 e-mail: [email protected]
Specialist
Banca Finnat Euramerica S.p.A. Palazzo Altieri - Piazza del Gesù, 49
Lorenzo Scimìa
Tel: +39 06 69933446 Fax: +39 06 69933435 email: [email protected]