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First SICAF Initiates Accelerated Bookbuilding for Orsero Shares

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First SICAF Initiates Accelerated Bookbuilding for Orsero Shares

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The latest update is out from First Capital S.p.A. ( (IT:FIC) ).

First Capital S.p.A.’s subsidiary, First SICAF S.p.A., has initiated an accelerated book-building process to sell up to 350,000 ordinary shares of Orsero S.p.A., representing approximately 1.98% of Orsero’s share capital. The transaction targets qualified investors in Italy and institutional investors abroad, with Banca Akros S.p.A. acting as the sole bookrunner. A 60-day lock-up commitment has been established for the remaining shares, ensuring market stability post-transaction.

The most recent analyst rating on (IT:FIC) stock is a Buy with a EUR25.50 price target. To see the full list of analyst forecasts on First Capital S.p.A. stock, see the IT:FIC Stock Forecast page.

More about First Capital S.p.A.

First Capital S.p.A. is a holding company listed on Euronext Growth Milan.

Average Trading Volume: 981

Technical Sentiment Signal: Buy

Current Market Cap: €56.86M

See more data about FIC stock on TipRanks’ Stock Analysis page.

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