[i] soggetti tenuti all'obbligo di promuovere l'Offerta
English translation: brokers/dealers promoting the offer
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18:59 Oct 24, 2006
Italian to English translations [PRO] Finance (general)
Italian term or phrase:[i] soggetti tenuti all'obbligo di promuovere l'Offerta
the price for each subject share must not be less than that determined according to xyz, meaning not less than the arithmetic mean between (i) the medium considered market price of the Issuer’s ordinary shares during the last twelve months and (ii) the higher one agreed on during the same time period for purchases of the Issuer’s ordinary shares dai soggetti tenuti all'obbligo di promuovere l'offerta
(does this mean the subject shares retained for the obligatory purchase??)