RedFish LongTerm Capital S.p.A.

RFLTC

IT0005549354

Investment Holding Companies

Market Closed - Borsa Italiana Other stock markets 16:44:59 28/06/2024 BST			5-day change	1st Jan Change
1.3 ^EUR	0.00%		-0.76%	0.00%

12:00am	Certain Shares of RedFish LongTerm Capital S.p.A. are subject to a Lock-Up Agreement Ending on 30-JUN-2024.	CI
06-28	RedFish LongTerm Capital purchased 14,000 shares of its own common stock	AN

RedFish, Movinter subsidiary finalize acquisition of 100 percent of SAIEP

June 27, 2024 at 05:58 pm

(Alliance News) - RedFish LongTerm Capital Spa and its 96 percent subsidiary, Movinter Spa announced Thursday the completion of the transaction to acquire 100 percent of the capital of SAIEP Srl through Movintech Srl, a wholly owned subsidiary of Movinter.

The shares being purchased were sold 55 percent by partner Alberto Santi, 30 percent by partner Ermanna Viglietti, 10 percent by partner Enrica Santi, and 5.0 percent by partner Franca Bagliolo.

The total consideration for the acquisition was approximately EUR4.4 million, divided into EUR3.9 million paid at closing and EUR500,000 as deferred price to be paid by June 30, 2025.

In addition, there is a possible earn-out for the selling partner Alberto Santi, calculated on SAIEP's results for the years 2024 and 2025.

RedFish LongTerm Capital closed Thursday in the red by 0.8 percent at EUR1.30 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about RedFish LongTerm Capital S.p.A.

Certain Shares of RedFish LongTerm Capital S.p.A. are subject to a Lock-Up Agreement Ending on 30-JUN-2024.	29/06/2024	CI
RedFish LongTerm Capital purchased 14,000 shares of its own common stock	06-28	AN
RedFish LongTerm finalizes purchase of an additional 5 percent of Polieco	06-28	AN
RedFish, Movinter subsidiary finalize acquisition of 100 percent of SAIEP	06-27	AN
RedFish LongTerm Capital continues with share buybacks	06-21	AN
RedFish LongTerm Capital purchases 20,000 treasury shares	06-10	AN
ITALY GROWTH WINNERS & LOSERS: Good Lemon Systems; RedFish on bottom	06-03	AN
RedFish LongTerm Capital purchases 13,000 of its own ordinary shares	05-27	AN
RedFish, Castelli to resign from board of directors; co-opted Massimo Lapucci	05-20	AN
RedFish LongTerm Capital purchased 13,000 shares of its own common stock	05-17	AN
RedFish LongTerm Capital purchases 12,000 of its own ordinary shares	05-10	AN
European futures up; focus on U.S. PCE	04-26	AN
Listings contrasted; BPER Bank tops on Mib.	04-25	AN
RedFish LongTerm Capital, first quarter revenues soar	04-24	AN
RedFish LongTerm Capital purchases shares for more than EUR17,000	04-19	AN
RedFish LongTerm Capital S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	04-11	CI
RedFish LongTerm Capital purchases 12,000 of its own ordinary shares	04-05	AN
RedFish LongTerm Capital closes 2023 with loss; revenue jumps	03-29	AN
Aucap, RedFish received commitments and subscriptions for EUR10 million	03-19	AN
RedFish LongTerm Capital takes over 16,000 of its own ordinary shares	03-18	AN
RedFish LongTerm Capital buys 17,000 of its own ordinary shares	03-11	AN
RedFish LongTerm Capital finalized acquisition of 10 percent of Polieco	03-07	AN
Part of RedFish LongTerm's aucap subscribed for nearly 50 percent	03-05	AN
RedFish LongTerm Capital purchases 21,000 of its own ordinary shares	03-04	AN
RedFish LongTerm Capital purchases 19,000 of its own ordinary shares	02-23	AN

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Company Profile

Redfish LongTerm Capital SpA (abbreviated as RFLTC) is an Italy-based holding company of industrial investments. The Company is specialized in the acquisition of family-run Italian SMEs (Small and Medium Enterprises), through a long-term horizon, by providing assistance and consulting services, by sharing professional skills and entrepreneurial strategies aimed at increasing their future value. The Firm has three business segments. The Purchase of Minority or Majority Stakes in Small and Medium-Sized Enterprises segment is involved in acquisitions with a long-term horizon by structuring the operations in the form of minorities or in alternative of majority operations (also in Club Deal where RFLTC is the primary partner and expresses the governance). The Advisory unit is engaged in supporting its subsidiaries in all financial aspects. The segment Strategic Support offers assistance to the subsidiaries on strategic decisions and on industrial plans.

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Mean consensus

BUY

Number of Analysts

Last Close Price

1.3 EUR

Average target price

2.627 EUR

Spread / Average Target

+102.05%

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RedFish LongTerm Capital S.p.A.

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RFLTC

IT0005549354

Investment Holding Companies

RedFish, Movinter subsidiary finalize acquisition of 100 percent of SAIEP

Latest news about RedFish LongTerm Capital S.p.A.

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Company Profile

Income Statement Evolution

Analysts' Consensus

Sector Other Holding Companies