Restart SIIQ S.p.A.

RST

IT0005349052

Diversified REITs

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
0.12 ^EUR	+4.35%		-0.83%	-44.19%

Apr. 16	Giorgio Ferrari appointed chief executive officer of Restart	AN
Apr. 15	Milan rises; Israel will not respond to Tehran	AN

Augusto divests shares and control of Restart to Istituto Ligure Mobiliare

February 21, 2024 at 07:20 am EST

(Alliance News) - Restart Spa announced Wednesday that its partner Augusto Spa -- in liquidation -- has signed an agreement with Istituto Ligure Mobiliare to divest 9.6 million of Restart for EUR2.4 million.

ILM thus rises to just under 30 percent of Restart while Augusto drops to 4.9 percent, losing control of the company. ILM will present a list of its own candidates for the company's board.

Restart's stock is up 11 percent at EUR0.22 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Restart SIIQ S.p.A.

Giorgio Ferrari appointed chief executive officer of Restart	Apr. 16	AN
Milan rises; Israel will not respond to Tehran	Apr. 15	AN
Mib bullish; Larry Fink sees only two Fed cuts	Apr. 12	AN
Futures await rising lists	Apr. 12	AN
Mib falls to 33,700; ERG stays afloat	Apr. 11	AN
Fidia soars after accounts; Bastogi does well.	Apr. 11	AN
Mib correction at 34,000; strength on Fincantieri	Apr. 09	AN
Beewize bullish, SIT in the red	Apr. 08	AN
Mondo TV rises; Beewize closes list.	Apr. 04	AN
Serious best performer; Restart trailing	Apr. 03	AN
Mib rises to 34,700; Iveco at annual high	Mar. 26	AN
Giorgio Ferrari joins Restart board and is appointed as new CEO	Mar. 20	AN
Bioera tops post-accounts; goes down Restart	Mar. 19	AN
Futures up; US inflation does not dampen buying	Mar. 13	AN
Restart widens losses in 2023, drops real estate assets	Mar. 13	AN
Mib rises to 33,700; MPS and BPER at annual highs	Mar. 12	AN
Mib pushes on; TIM leads rises ahead of accounts	Mar. 06	AN
Futures down; China sets growth at 5 percent	Mar. 05	AN
Mib slightly down; still strength on Saipem	Mar. 04	AN
Antares bullish; algoWatt at annual low.	Mar. 04	AN
Real estate worst segment in Milan; IGD closes list	Feb. 28	AN
Restart on after change of controlling shareholder	Feb. 21	AN
Augusto divests shares and control of Restart to Istituto Ligure Mobiliare	Feb. 21	AN
Futures await European stock exchanges in the red	Feb. 19	AN
FTSE 100 at highs; Mid to lead Unipol post-accounts	Feb. 16	AN

Chart Restart SIIQ S.p.A.

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Company Profile

Restart SpA, formerly Restart SIIQ SpA and Aedes SIIQ SpA, is an Italy-based real estate investment company. The Companyâs main activity includes valuation of real estate assets underlying Special Situations, Non Performing Loans (NPLs) or Unlikely to Pay (UTP). The Company also focuses on the provision of related real estate services. The Company operates locally.

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Diversified REITs

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