Italy“s Bormioli Rocco, which heads a group specialising in the glass sector, plans to lift its capital by Lire 75 billion and allow the entry of new shareholders.
Group chairman Rocco Bormioli call…
Italy“s Bormioli Rocco, which heads a group specialising in the glass sector, plans to lift its capital by Lire 75 billion and allow the entry of new shareholders. Group chairman Rocco Bormioli called a shareholders“ meeting for 6 December 1996 to examine proposals for a complex operation on capital. The operation envisages a capital writedown, share splitting and a double recapitalisation with partial exclusion of option rights. The move is aimed at allowing the entry of new shareholders in the company“s capital, or the offer of a share package on the bourse.