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DoValue announces details of the 170 million euro capital increase

Details of the capital increase

The board of directors of doValue recently set the final terms for the capital increase, a strategic transaction that aims to strengthen the company’s financial position. The issue price of the new shares was set at 0.88 euros each, with a division of the value of 0.10 euros in share capital and 0.78 euros in surcharge. This decision was made in a changing market context, where companies are trying to optimize their resources to face economic challenges.

Issuance and offering of new shares

The board decided to issue a maximum of 170,140,355 new shares, which will be offered as options to those entitled. The offer ratio is set at 35 new shares for every 4 option rights held. This strategy not only aims to raise funds, but also to involve current shareholders in the company’s growth process, guaranteeing them the possibility of maintaining their shareholding
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Implications on the market and discount applied

The subscription price of the new shares incorporates a discount of 25.78% compared to the theoretical ex-right price (TERP) of DoValue shares. This discount is calculated based on the closing price of DoValue shares on Borsa Italiana S.p.A., making the offer particularly attractive for investors. The total value of the offer amounts to a maximum of 149,723,512.40 euros, an important injection of capital that could positively influence the company’s future operations
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Future prospects for doValue

With the capital increase, doValue is preparing to strengthen its position in the market, facing the challenges and opportunities that will arise. Investors and analysts are closely monitoring the progress of the transaction, as it could have a significant impact on the company’s valuation and its ability to expand its activities. The company’s management expressed optimism about future prospects, stressing the importance of this strategic step to support growth and innovation
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