(Alliance News) - Bellini Nautica Spa announced Friday that the second subscription period, of the three planned, for warrants to 2025 will open on May 20.

Holders of the warrants will be able to request their exercise until May 31.

The exercise price of the warrants, with regard to the second exercise period, is EUR3.14 per qualifying share and must be paid in full when the application is submitted.

There are currently 1.5 million warrants outstanding.

Bellini Nautica is up 0.6 percent at EUR1.62 per share.

By Chiara Bruschi, Alliance News reporter

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