Davide Campari-Milano N.V. announced a private placement of 69,667,739 common shares at an issue price of ?9.33 per share for the gross proceeds of ?650,000,004.87 and senior unsecured convertible bonds due 2029 for the gross proceeds of ?550,000,000; for total gross proceeds of ?1,200,000,004.87 on January 10, 2024. The bond will be convertible into 8,089 underlying bond shares at an initial conversion price of convertible bond set at ?12.3623, representing a premium of 32.5% above reference share price to generate total issue of 44.5 million bond shares, equal of 3.8% of issuer?s issued and outstanding ordinary share capital.