Examples of ExtraMOT PRO in a sentence
The bond issue, called "TernEnergia 2019," amounts to Euro 25 million, five-year fixed rate equal to the gross 6.875% annual coupon, and is negotiated at ExtraMOT PRO, the professional segment of the bond market, managed by the Italian Stock Exchange.
If the Instruments have been admitted to listing on the ExtraMOT PRO, organised and managed by Borsa Italiana S.p.A., all notices required to be published concerning such Instruments shall be published in accordance with the requirements of Borsa Italiana, if any (and/or of the relevant listing authority, stock exchange and/or quotation system).
The decision of the Italian Stock Exchange and the date of commencement of trading of the Notes on ExtraMOT PRO, together with the information required in relation to trading, shall be communicated by the Italian Stock Exchange by the issuance of a notice, pursuant to Section 11.6 of the guidelines contained in the Rules of ExtraMOT.
The Notes will be listed and negotiated on ExtraMOT PRO and, as such, the Issuer will be entitled to pay the interest, premiums and similar proceeds on Notes due to qualified Noteholders without application of any withholding tax as per Legislative Decree no.
The bond is at variable interest rate accruing, on each occasion, at the 6-month Euribor rate plus a spread of 0.4. Redemption is in six-monthly instalments at constant percentages of the principal sum.The bonds can be traded on the ExtraMOT PRO segment of the ExtraMOT market managed by Borsa Italiana S.p.A. as of 22 July 2016, subsequent to the application for admission of 30 June 2016.
Therefore, investors other than Qualified Investors do not have access to ExtraMOT PRO with a consequent limitation of the possibility to sell the Notes.
The Issuer has applied for admission of the Notes to trading on ExtraMOT PRO.
ExtraMOT PRO is the professional segment of the ExtraMOT, reserved exclusively to Qualified Investors.
Although an application has been made for the Notes to be admitted to trading on ExtraMOT PRO, there is not, at present, an active and liquid secondary market for the Notes.
At the date of this Admission Document, the Notes are not listed on any other regulated market or multilateral trading facility in Italy or elsewhere, nor does the Issuer intend to submit, for the time being, an application for admission to listing of the Notes on any other regulated market or multilateral trading facilities other than ExtraMOT PRO.