Technogym : Wellness Holding completes the sale of 14,000,000 ordinary shares, equalling approximately 6,96% of the share capital, for a price of euro 10,30 per share
April 09, 2019 at 02:23 am EDT
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Cesena (Italy), April 9th - 2019 - Further to the release dated April 8, 2019, Wellness Holding s.r.l. ('Wellness Holding'), announces the successful completion of the sale of 14,000,000 of Technogym's (the 'Company') ordinary shares, equalling approximately 6,96% of the Company's share capital, for a price per share of Euro 10,30 and a total equivalent of Euro 144.2 Million.
The operation has been carried out through an accelerated book building procedure reserved to qualified investors in Italy and institutional investors abroad. The regulation of the operations (delivery of the shared and payment of the equivalent) will take place on April 11th, 2019.
Citigroup Global Market Limited has acted as Sole Bookrunner of the operation.
After completion of the operation, Wellness Holding preserves the control of Technogym S.p.A. and holds a total n. 90,000,000 of ordinary shares of the Company, equalling 44,78% of the Company share capital and n. 180,000,000 of voting rights that represent the 61,86% of the total voting rights.
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Technogym S.p.A. published this content on 09 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 April 2019 06:22:07 UTC
Technogym SpA is an Italy-based company engaged in the recreational products industry. The Company manufactures fitness equipment. It designs and manufactures fitness equipment for private individuals, corporations, fitness centres, hotels and spas and medical centres. The Company's products offer include treadmills, exercise bikes, cross trainers, circuit training, core exercises equipment, fitness accessories, gym benches, kinesis, legs exercises equipment, multi gyms, plate loaded equipment, software and hardware, steppers, stretching machines, upper body equipment and weights, dumbbells and bars for cardiovascular training, group fitness, resistance and functional training and strength training, among others.
Technogym : Wellness Holding completes the sale of 14,000,000 ordinary shares, equalling approximately 6,96% of the share capital, for a price of euro 10,30 per share
TECHNOGYM S.P.A. 
