(Alliance News) - Dotstay Spa on Wednesday announced that its EGA EnVent Capital Markets LTD has authorized the request submitted by two investors for early release of the lock up agreement signed with the EGA itself.

This request concerns 52,388 held prior to the listing on Euronext Growth Milan Professional Segment of Dotstay Spa and representing 2.6 percent of the Issuer's pre-IPO share capital and 1.7 percent of the share capital.

The request for the release of the lock-up is functional to the block sale of the 52,388 shares held to a professional investor interested in purchasing the stake in Dotstay for medium- to long-term investment purposes.

Dotstay is flat at EUR6.50 per share

By Maurizio Carta, Alliance News reporter

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