Davis & Morgan S.p.A.
Distribution
- Distribution Period: from Monday, April the 26th until Tuesday, April the 27th 2021, with one phase (which may be reduced in the case of early closure).
- Settlement date for trades executed during the Placement Period: 29 April 2021
- Dealers selected by the Issuer for the distribution: Equita SIM S.p.A.
- Fixed price for trades executed during the Placement Period (Issue price): 100%
- Coupon: the coupon amount, paid on a quarterly basis, is equal to 6.25% of the nominal value of the bond.
- Placement methods: continuous trading phase only from 9.00 till 17.30 (no opening auction phase) on the second day of distribution, except for early closure.
- Orders that can be entered during the Placement Period by the Market partecipants: buy orders only. First Phase: market orders or limit orders at Issue price only. Validity types: Fill-or-Kill (FOK), Immediate or Cancel (IOC) or DAY only. Limit orders with the DAY time in force will remain into the book also in the case of temporary absence of the Dealers; vice versa, orders without a price limit and orders with a price limit with FOK or IOC parameters, in the event of the temporary absence of the operator in charge of distribution, will be canceled.
- Minimum lot purchasable: 50,000 Eur.
Please download:
- the Public Notice regarding the Distribution Phase;