PRESS RELEASE
Sostravel: notification of the exercise of the Sostravel Warrants
Gallarate, 1 October 2021 - SosTravel.com S.p.A. (AIM Italia, ticker: SOS), a digital operator in the market for assistance services for air transport passengers ("SosTravel" or the "Company"), announced that - during the month of September 2021 - 142 SosTravel.com 2021-2024 Warrants (ISIN IT0005446718) (hereinafter "SosTravel Warrants") were exercised and consequently 142 ordinary shares of SosTravel.com with ISIN IT0005338675 (the "Conversion Shares") were underwritten at the price of Euro 1.20 for each underwritten Conversion Share, for a total value of Euro 170.4.
The Conversion Shares are admitted to listing on the AIM Italia market; they have no nominal value, have regular dividend rights and the same characteristics as the SosTravel.com ordinary shares which were outstanding on the issue date.
As a result, 11,962,308 SosTravel Warrants - which may be exercised continuously up to and including 16 December 2024, as per the SosTravel.com 2021-2024 Warrant Regulations ("Warrant Regulations") - are in circulation.
As a result of the above, the new share capital of SosTravel.com S.p.A. will be Euro 717,761.20 and composed of 7,177,612 ordinary shares with no nominal value. The certificate of change in the share capital will be filed with the competent register of companies on Monday, 4 October. For more information, refer to the Warrant Regulations available in the Investor section of the website www.sostravel.com.
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For further information:
SosTravel.com S.p.A. | Nomad |
Investor Relations | Banca Finnat S.p.A. |
Nicola De Biase | Alberto Verna |
investor.relations@sostravel.com | a.verna@finnat.it |
www.sostravel.com | Palazzo Altieri Piazza del Gesù, 49 |
Tel: +39 0331 1587117 | 00186 Rome, Italy |
Fax: +39 0331 1582452 | Tel:+39 06 69933219 |
Fax:+39 06 69933236 | |
Specialist & Analyst Coverage | |
Banca Finnat S.p.a. | |
Lorenzo Scimia |
l.scimia@finnat.itTel. +39 06 69933 446
Spriano Communication & Partners Cristina Tronconi, Matteo Russo Mob. 346 0477901ctronconi@sprianocommunication.commrusso@sprianocommunication.comwww.sprianocommunication.com
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SosTravel.com S.p.A. published this content on 01 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2021 11:05:03 UTC.