Eurocastle Investment Limited : Eurocastle Announces doBank Application to List Shares on Milan Stock Exchange
June 14 2017 - 1:00AM
Guernsey, 14 June 2017 -
Eurocastle Investment Limited ("Eurocastle" or the "Company") today
announces that doBank, the largest and highest rated independent
non-performing loan servicing group in Italy and in which
Eurocastle holds a 50% stake, has taken a further key step in its
potential initial public offering ("IPO").
doBank has today submitted an
application to list its ordinary shares on the Mercato Telematico
Azionario managed by Borsa Italiana S.p.A. In addition, the Company
has also prepared a Prospectus which has been filed for approval
with the Italian Securities and Exchange Commission, Consob.
Subject to the receipt of these
approvals and prevailing market conditions at the time, it is
expected that the IPO will be completed by the end of July.
Further information regarding the
listing application can be found under the Communications section
of doBank's website (www.doBank.com). The Company will continue to
update its shareholders as further steps are taken towards a
potential IPO.
ABOUT
EUROCASTLE
Eurocastle Investment Limited is a
publicly traded closed-ended investment company that focuses on
investing in performing and non-performing loans and other real
estate related assets primarily in Italy. The Company is Euro
denominated and is listed on Euronext Amsterdam under the symbol
"ECT". Eurocastle is managed by an affiliate of Fortress Investment
Group LLC, a leading global investment manager. For more
information regarding Eurocastle Investment Limited and to be added
to our email distribution list, please visit
www.eurocastleinv.com.
*
* *
Not for release, publication or distribution,
directly or indirectly, in Australia, Canada, Japan or the United
States. These materials are not an offer for sale of securities in
the United States. Securities may not be sold in the United States
absent registration with the United States Securities and Exchange
Commission or an exemption from registration under the U.S.
Securities Act of 1933, as amended (the "Securities Act"). doBank
S.p.A. does not intend to register any part of the offering in the
United States or to conduct a public offering of Shares in the
United States. Any public offering of securities to be made in the
United States will be made by means of a prospectus that may be
obtained from doBank S.p.A. and will contain detailed information
about the company and management, as well as financial statements.
This document is only being distributed to and is only directed at
(i) persons who are outside the United Kingdom or (ii) to
investment professionals falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the "Order") or (iii) high net worth companies, and other
persons to whom it may lawfully be communicated, falling within
Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii)
and (iii) above together being referred to as "relevant persons").
The Shares are only available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire such
securities will be engaged in only with, relevant persons. Any
person who is not a relevant person should not act or rely on this
document or any of its contents. This document is an advertisement
and is not a prospectus for the purposes of the Prospectus
Directive. A prospectus prepared pursuant to the Prospectus
Directive will be published. Investors should not subscribe for any
securities referred to in this document except on the basis of
information contained in the prospectus. In any EEA Member State
that has implemented the Prospectus Directive, this communication
is only addressed to and is only directed at qualified investors in
that Member State within the meaning of the Prospectus Directive.
The expression "Prospectus Directive" means Directive 2003/71/EC
(and amendments thereto, including Directive 2010/73/EU, to the
extent implemented in any relevant Member State) and includes any
relevant implementing measure in the relevant Member State.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Eurocastle Investment Limited via
Globenewswire
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