EXPECT FIRE WORKS24 Dec 2020 07:30
Following completion of the transactions, the shareholdings of each of the three parties will be as follows:
· the AvantGarde Group SpA (post-merger*) 38,9%
· The New Investors** 12.2%
· IWEP Ltd***
The AvantGarde Group and the New Investors may, in due course, propose a new director to the Company to add to the experience of the existing board. The New Investors may also purchase further shares directly through the market.
Welcoming the New Shareholders, Alessandro Zamboni, CEO of SYME, commented: NEW INVESTORS will be buying more ,HINT in RNS there want be many shares left...