Investor Exor wants to exchange Milan’s stock exchange listing for Amsterdam
(ABM FN-Dow Jones) Investment company Exor wants to exchange its Italian stock exchange listing for a listing on Euronext Amsterdam.
Exor’s board of directors has approved this. With the move, the “place of listing of the company will be aligned with its company legal structure as a registered holder in the Netherlands”, according to Exor.
This also puts the company under the supervision of one regulatory body in one country, in this case the Netherlands Authority for the Financial Markets (AFM).
The move is subject to approval of the listing prospectus by the AFM and admission to listing and trading by Euronext Amsterdam, according to Exor, which expects listing and trading to become effective from mid-August.
Exor is the originally Italian holding company of the Agnelli family, which has interests in large companies such as Fiat Chrysler Automobiles, CNH and Ferrari, as well as football club Juventus.
Source: ABM Financial News
From Beursplein 5, the editors of Financial news from ABM keep a close eye on developments on the stock exchanges, and the Amsterdam stock exchange in particular. The information in this column is not intended as professional investment advice or as a recommendation to make.
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