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Juventus Football Club Appoints Citigroup and UniCredit Spa as Joint Global Coordinators for €200 Million Rights Issue

(Alliance News) – Juventus Football Club Spa announced on Thursday that it has appointed Citigroup and UniCredit Spa as joint global coordinators in the rights issue up to a maximum of €200 million.

Furthermore, he informed that the majority shareholder Exor NV, “as a further demonstration of its long-term commitment to the company and its confidence in its intrinsic value”, as specified in the press release, has committed to subscribe for all newly issued shares which are not subscribed at the end of the offer period.

Following the commitment to subscribe to the new shares in proportion to its current participation – equal to approximately 63.8% -, Exor has therefore undertaken to subscribe and release, at the subscription price, the newly issued shares which would not be not subscribed following the auction of unexercised rights, for a total amount of approximately 72 million euros.

The title of Juventus Football Club closed on Thursday up 5.4%, at 0.26 euros per share.

By Chiara Bruschi, journalist at Alliance News

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2023-12-22 07:10:26
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