BRIEF-Prysmian Says Unit Draka Signs Block Trade Placing Agreement For 32,968,500 H Shares Of Yangtze Optical Fibre And Cable

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June 2 (Reuters) - Prysmian SpA PRY.MI:

  • UNIT DRAKA COMTEQ SIGNS BLOCK TRADE PLACING AGREEMENT FOR 32,968,500 H SHARES OF YANGTZE OPTICAL FIBRE AND CABLE

  • AMOUNT REPRESENTS AROUND 4.35% OF COMPANY'S SHARE CAPITAL, PRICE IS HK$ 15.44PER SHARE

  • AT END OF PLACEMENT, DRAKA TO REDUCE ITS STAKE IN COMPANY TO AROUND 15.65%

Further company coverage: PRY.MI


(Gdansk Newsroom)

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