19 February 2018 10:17
Price Sensitive extraordinary operations

Reverse stock split of ordinary shares: purchase price for the fractions

Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”) announces that as of today it executed, as part of the process of implementing the resolution approved by IGD Extraordinary Shareholders’ Meeting held on 12 February 2018, the reverse stock split of IGD ordinary shares at a ratio of No. 1 new ordinary share with no par value, regular entitlement and coupon No 1 (ISIN Code IT0005322612), per No. 10 existing ordinary shares with no par value and coupon No. 18 (ISIN Code IT0003745889).

Following the press release dated 14 February 2018, please be informed that the official price of the IGD ordinary shares recorded on the Mercato Telematico Azionario as of 16 February 2018, to be used to determine the purchase price of the fractions resulting from the application of the reverse split ratio, is equal to Euro 0.8285.