SIAV sets Euro 1.35 million capital raise to fund IT Consult acquisition

Reuters2026/07/24 06:56

By:Reuters

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Siav set a reserved capital increase to fund part of its acquisition of IT Consult, issuing 480,984 new ordinary shares.
Cash proceeds total EUR 1.35 million, about 40% of the transaction consideration, priced at EUR 2.81 per share.
IT Consult sellers Giovanni Marrè, Gianfranco Bruscoli, Bruna Paoloni will subscribe in proportion to their stakes; subscription deadline is July 30, 2026.
On full subscription, the sellers will hold 4.47% of Siav; the shares will be subject to a 12-month transfer lock-up from closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SIAV S.p.A. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SIAV sets Euro 1.35 million capital raise to fund IT Consult acquisition

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