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Sit Share Issue/Capital Change 2019
4054_rpt_2019-10-01_9d58d425-f629-4fc3-b442-67b139f70827.pdf
Share Issue/Capital Change
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| Informazione Regolamentata n. 20105-59-2019 |
Data/Ora Ricezione 01 Ottobre 2019 17:06:39 |
MTA | |
|---|---|---|---|
| Societa' | : | SIT S.P.A. | |
| Identificativo Informazione Regolamentata |
: | 123216 | |
| Nome utilizzatore | : | SITN03 - Vettoretti | |
| Tipologia | : | 3.1 | |
| Data/Ora Ricezione | : | 01 Ottobre 2019 17:06:39 | |
| Data/Ora Inizio Diffusione presunta |
: | 01 Ottobre 2019 17:06:40 | |
| Oggetto | : | Exercise of the SIT Warrant | |
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE PRESS EXERCISE OF THE SIT WARRANTS WARRANTS
Padua, October 1st, 2019 – SIT S.p.A. ("SIT", or the "Company Company Company") informs that, pursuant to and for the purposes of article 3.1 of the SIT Warrant Regulation (the "Warrant Regulation"), the Monthly Average Price (as Warrant Regulation defined in the Warrant Regulation) for the month of September 2019 is equal to EUR 7,2551 (source Bloomberg).
Therefore, being the Average Monthly Price for September 2019 below the Strike Price of EUR 9,30, pursuant to the Warrant Regulation, the Warrant's exercise condition has not occurred and consequently the SIT Warrants shall not be exercisable during the current month of October 2019.
For any further information, reference is made to the Warrant Regulation, available on Company website (www.sitgroup.it).
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SIT develops, produces and distributes components and systems for controls and safety of gas-based domestic heating and catering equipment. The Group operates in the Smart Gas Metering sector, producing new generation remote meters with real-time consumption readings and communication.
It includes production companies located in Italy, Mexico, The Netherlands, Romania and China, in addition to a commercial and distribution network covering all global markets.
SIT S.p.A. Lifonti&Company T. +39 049 829 3111 T. 02 7788871
Paul Fogolin Alessandro Pavesi E. [email protected] M. +39 342 533 8329
Mara Di Giorgio E. [email protected] Luca Ricci Maccarini
Investor Relations Media relations SIT Spa
M. +39 349 766 8028 E. [email protected]