Independent journal on economy and transport policy
19:03 GMT+2
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The share quota Otto Marine in Go Marine salt to 78.7%
Acquired other 13 million common stocks of the Australian company
April 27, 2012
The navalmeccanico group Otto Marine of Singapore has considerably increased own participation in the Australian Go Marine, society of which Otto Marine it at the beginning had acquired 49% of the capital last year ( on 7 February 2011). Otto Marine, through the society integrally controlled Otto Ventures Pte. Ltd. (OVPL) in fact has bought others 13.222.225 common stocks of Go Marine elevating own quota in the Australian company to 78.7% approximately.
The operation has happened through the call exercise options that USA 687 thousand dollars will involve an expenditure by OVPL pairs to 661.112 Australian dollars (). Moreover OVPL has agreed with the shareholders of Go Marine who stop remaining the 36.111.107 common stocks of the society to extend the period of option on their actions until next 31 May.
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The navalmeccanico group Otto Marine of Singapore has considerably increased own participation in the Australian Go Marine, society of which Otto Marine it at the beginning had acquired 49% of the capital last year 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
