1. Homepage
  2. Equities
  3. Italy
  4. Borsa Italiana
  5. Intek Group S.p.A.
  6. News
  7. Summary
    IKG   IT0004552359

INTEK GROUP S.P.A.

(IKG)
  Report
Real-time Estimate Cboe Europe  -  05/20 10:06:27 am EDT
0.5370 EUR   -0.56%
04/18Intek Group S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2021
CI
03/31INTEK S P A : The BoD of Intek Group SpA has approved the draft financial stamements for the year 2021
PU
03/01KME GROUP : new banks pool facility
PU
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

KME Group: completion of the share capital increase of KME Italy SpA in favour of S.A. Eredi Gnutti Metalli SpA

06/22/2021 | 05:17pm EDT

Registered Office: 20121 Milan (MI) Foro Buonaparte, 44

Share Capital: Euro 335.069.009,80, fully paid-inMilan Company Register - Tax I.D. Nr. 00931330583 www itkgroup.it

PRESS RELEASE

KME Group: completion of the share capital increase of KME Italy S.p.A.

in favour of S.A. Eredi Gnutti Metalli S.p.A.

Milan, 22nd June 2021 - Today the extraordinary shareholders meeting of KME Italy S.p.A. ("KME Italy"), an indirect subsidiary of Intek Group S.p.A. ("ITK"), has taken place, thereby allowing the S.A. Eredi Gnutti Metalli S.p.A. ("EGM") to reinvest the whole consideration deriving from the transfer of EGM's rolled products business to the KME Group, in newly-issued shares of KME Italy. The share capital increase that will be effective from next 30th June has allowed EGM to become the owner of a percentage equal to 16% of KME Italy.

The above-mentioned transfer was completed on 3rd June 2021, after the fulfilment of the conditions precedent envisaged in the framework agreement signed by ITK and EGM on 19th May 2021 and communicated to the market on the same date.

The transaction, as fully completed today, has enabled the two Italian operators to combine their know- how, production capacity, distribution channels and logistical facilities, with the aim of producing operational efficiencies and achieving the necessary level of competitiveness on the market in order to provide the best possible service to the customers.

* * *

The press release is available on the Company's website, www.itkgroup.it. Additional information may be directly requested from the Company (telephone number +39.02.806291; e.mail: info@itk.it) and through the "eMarket STORAGE" system operated by Spafid Connect SpA at the address: www.emarketstorage.com.

Disclaimer

Intek Group S.p.A. published this content on 22 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2021 21:16:04 UTC.


© Publicnow 2021
All news about INTEK GROUP S.P.A.
04/18Intek Group S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2021
CI
03/31INTEK S P A : The BoD of Intek Group SpA has approved the draft financial stamements for t..
PU
03/01KME GROUP : new banks pool facility
PU
02/28INTEK S P A : KME Mansfeld completes the sale of its wires business to Elcowire Group AB
PU
02/22INTEK S P A : KME elects to partially redeem its € 300 million Senior Secured Notes due 20..
PU
02/17Intek Unit To Acquire Aurubis' Flat Rolled Products Business
MT
02/17INTEK S P A : KME signs sale and purchase agreement with Aurubis for parts of flat rolled ..
PU
02/09KME GROUP : Extension of banks pool facility and factoring
PU
01/31INTEK S P A : KME Group completes the transfer of control of special business to Paragon
PU
2021Intek Group S.p.A.'s Equity Buyback announced on May 14, 2021, has expired.
CI
More news
Financials
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 219 M 232 M 232 M
EV / Sales -1
EV / Sales 0
Nbr of Employees -
Free-Float 43,8%
Chart INTEK GROUP S.P.A.
Duration : Period :
Intek Group S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTEK GROUP S.P.A.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Managers and Directors
Vincenzo Ugo Manes Chairman & Chief Executive Officer
Giuseppe Mazza Administrative Director
Luca Ricciardi Independent Non-Executive Director
Francesca Marchetti Independent Director
Diva Moriani Executive Vice Chairman
Sector and Competitors
1st jan.Capi. (M$)
INTEK GROUP S.P.A.7.57%232
FIRST QUANTUM MINERALS LTD.14.27%19 612
ANTOFAGASTA PLC6.46%17 564
VEDANTA LIMITED-11.03%14 516
SOCIEDAD MINERA CERRO VERDE S.A.A.-19.42%10 502
JIANGXI COPPER COMPANY LIMITED-4.17%7 433