Iervolino Entertainment SpA (“IE”), a company listed on the AIM Italia stock exchange engaged in the production and co-production of cinematographic and television content for the international market, following the mandatory conversion of the 77 bonds with a nominal value of €100,000 of the bond loan “Iervolino Entertainment S.p.A. Converting 3% 2019-2020” issued on 23 December 2019 into ordinary shares of Iervolino Entertainment S.p.A. (IE), announces that at the maturity of 23 December 2020 1,589,825 new shares were issued at the conversion price of €4.8433. Therefore, the new share capital of the Company consists of 24,016,104 ordinary shares, in addition to 11,000,000 multiple-vote shares.
|Current share capital||Previous share capital|
|Euros||No. of shares||Val. Nom. Unitary||Euros||No. of shares||Val. Nom. Unitary|
|Total, of which:||1,400,644||35,016,104||N/A||1,337,051||33,426,279||N/A|
|Ordinary shares (regular use), coupon number 1, ISIN
|Ordinary shares (differentiated use)||N/A||N/A||N/A||N/A||N/A||N/A|
|Class B shares (loyalty shares) (regular use)
coupon number 1, ISIN IT005380669
It should also be noted that, given the characteristics of the bond loan, there was no change in the company’s shareholders’ equity since the loan was already recognised in this item in the financial statements as at 31 December 2019.
The shareholder IA Media, which had already informed the Company that it had subscribed to 1 bond, announced that it had received 20,647 ordinary shares from the conversion in question.
Communications regarding the appointment of the Investor Relations Manager:
We also inform you that as of Monday, 28 December 2020, Mr Matteo Pontello will take on the role of Investor Relations Manager in the Company.