Prelios: new shareholders ahead of 20%

Radiocor (translated) – Milan, 24th Februry 2016 – Prelios capital increase is receiving the market attention. In the last few days a pool of sector entrepreneurs and businessmen are rumored to have gathered about 280 million of right options convertible in about 20% of Prelios share.
Rumors collected by Il Sole 24 Ore Radiocor Plus are pointing to Fulvio Conti – former CEO of ENEL and currently Senior Advisor of Macquarie Infrastructure and Real Assets – among the expected pool of investor partners.
Other participants are rumored to be Daniel Buaron – founder of First Atlantic Real Estate sold to De Agostini in the IDeA FIMIT merger – and Ferruccio Ferrara – CEO of Negentropy, a subsidiary of Prelios focused on non-performing loans.
In this pool there would also be Gianfranco Paparella (former Lehman Brothers) on behalf of York Capital and Massimo Caputi – former Deputy Chairman of Prelios and currently Chairman of Feidos – as pure investor.
According to market rumors a second player is also engaged in the capital increase: Raffaele Mincione who holds a 5.7% of BPM bank stocks through Athena Capital. Soon it will be known by market who is owning what and the level of participation of the potential pools of investors.
Prelios (former Pirelli Real Estate) is an Italy-based company engaged in the real estate and finance sector. The Company provides asset and fund management, agency services, property and project management and credit servicing in non performing loans area. Prelios SpA is listed on the Milan Stock Exchange since 2002.