ePRICE S.p.A. (IT:EPH) has released an update.
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E.P.H. S.p.A. is proceeding with a share grouping operation, consolidating every 5,000 existing shares into 1 new share to simplify share management and enhance market liquidity, without altering the overall share capital. This move is designed to support the conversion of a convertible bond loan and involves engaging Banca Finnat Euramerica S.p.A. to handle any share fractions arising from this operation.
For further insights into IT:EPH stock, check out TipRanks’ Stock Analysis page.