MILANO ( – The right of withdrawal on the Glenalta shares was exercised for over 873,700 shares, equal to 8.92% of the capital. “The merger – the company explains – should now be completed by the month of July”. The shares subject to withdrawal will be assigned at the offer price of 10 euros, to the ratio of 0.095734 shares for each Glenalta share held. Along with these shares, purchased at the time of an option offer (from 24 May to 22 June), will be awarded 3 warrants for every 10 Glenalta shares.