The Limited Times

Now you can see non-English news...

Atlantia, the Tci fund exceeds 10% ahead of the shareholders' meeting

2020-10-22T15:55:03.829Z


The TCI fund, one of the fiercest critics of the positions taken by the Italian government against Atlantia, has an aggregate stake in the Benetton family holding of more than 10% of the capital. (HANDLE)


(ANSA) - MILAN, OCTOBER 22 - The TCI fund, one of the most fierce critics of the positions taken by the Italian government against Atlantia, has an aggregate stake in the Benetton family holding greater than 10% of the capital.


   Only 1.2% of the stake is linked to voting rights attributable to shares while the remainder, equal to 8.83%, is represented by long positions, in the form of equity swaps, currently without voting rights. The first, which is also the largest (8.156%) expires on August 5, the second (0.485%) expires on September 22, 2021 while the third (0.194%) expires on September 14, 2022. In the last few days, the rumor that Tci had increased its weight in Atlantia in view of the meeting of 30 October, so as to make its voice heard better in the event that the proposal of CDP for Aspi was unsatisfactory. (HANDLE).


Source: ansa

All life articles on 2020-10-22

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.