Institutional investor9 Oct 2020 11:15
Just want to say about the institutional investor who resides in 1AF2... that name will be repeated here.
There are institutional investors and there are big players within that description
In Aim listed companies you will see placing RNS’s that say “placed with institutional investors and sophisticated private investors”
And there is whoever resides along side AZ owning 1AF2 and they can do this -
Supply@ME Capital plc, the innovative fintech platform which provides a unique, market leading Inventory Monetisation© service to European manufacturing and trading companies, is pleased to announce that it has entered into a strategic agreement ("Agreement") with a leading European Alternative Investment Firm (the "Financial Partner") and SYME's shareholders, 1AF2 S.r.l. and The AvantGarde Group S.p.A. ("Co-investors"), to acquire a bank in Europe (the "Bank"). The core objective of the transaction is to support and facilitate the rapid growth of the Supply@ME platform, with the full support of the Central Bank within that jurisdiction.
And this
the Bank will provide up to €8bn of funding over five years, to support inventory funding across all of SYME's international operations.
And this (as conformed in email by AZ and I posted in my murky history)
The Sinopoli & Partners firm assisted A1F2 S.r.l., headed by the entrepreneur Alessandro Zamboni, CEO and founder of The AvantGarde Group S.p.A., in the purchase of 100% of the share capital. Among the sellers, IWEP LTD, a company incorporated under English law, was assisted by Tonucci & Partners.
The total value of the transaction is approximately 91 million euros.
But just as importantly they can do this
The Financial Partner has committed to recapitalise the Bank immediately following the completion of the Central Bank's regulatory banking authorisation process.
will also mean being approved via DD to be able to capitalise the bank and be deemed fit and proper to own a bank
There are differences in ii .... and we have one of the biggest in 1AF2