Independent journal on economy and transport policy
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of International Friend it has yielded 10% of DIS
Sold 42.195.531 common stocks
March 7, 2014
The shipowning society of Friend International Shipping (DIS), specialized in the field of the tankers, has communicated that own shareholder of majority of International Friend has yielded a quota own participation stopped in DIS through a accelerated procedure of collection orders turned to investor characterized in Italy and institutional abroad. By means of such procedure of International Friend it has DIS, pairs to 10% about of the share capital of the society. The collection procedure orders is managed by Bank IMI Spa and FAIRNESS S.I.M. Spa that has carried out the Joint role of Global Coordinators and Joint Bookrunners.
The value of title DIS at the close yesterday of Borsa Italiana was fixed to 0,725 euros.
DIS has explained that with such operation the majority shareholder intends to support and to increase the liquidity of the title, also against an increasing interest which showed by the market with numerous demands by the Italian institutional investors and foreign countries.
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