Greenshoe option is not exercised on Pasquarelli Auto shares –

(Alliance News) – Pasquarelli Auto Spa announced Monday that the greenshoe option on 286,000 shares granted by the majority shareholder, Ursus Holding Srl, has not been exercised.

Therefore, the capital remains unchanged at 24.8 million ordinary shares, for a free float of just under 15 percent.

Pasquarelli Auto’s stock closed Monday up 2.9 percent to EUR1.25 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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