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BRIEF- Newlat Food Plans To Proceed With Milan Listing In October

Sept 19 (Reuters) - Newlat Food SpA:

* PLANS TO PROCEED WITH OFFER AND LISTING OF ITS ORDINARY SHARES ON MTA MARKET OF ITALIAN STOCK EXCHANGE IN THE STAR SEGMENT

* TO PLACE NEW ISSUE SHARES TO INSTITUTIONAL INVESTORS

* THE OFFER TO BE COMPLETED BY THE END OF OCTOBER

* FINAL STRUCTURE OF THE OFFER, INCLUDING THE RELATIVE SIZE AND OTHER RELEVANT CONDITIONS, WILL BE DETERMINED AND COMMUNICATED

* PLANS TO RAISE UP TO EUR 200 MLN FROM THE ISSUE AND PLACEMENT TO FUND ENHANCEMENT OF ITS HEALTH & WELLNESS SEGMENT AND INTERNATIONAL EXPANSION

* FOLLOWING THE COMPLETION OF THE OFFER, ANGELO MASTROLIA, THROUGH NEWLAT GROUP SA, WILL REMAIN THE MAJORITY SHAREHOLDER OF NEWLAT

Gdynia Newsroom

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