MILAN (AIMnews.it) – SosTravel.com, a subsidiary of Safe Bag, will be admitted to trading shares and warrants on the AIM market of Borsa Italiana starting from 1 August. The price of the shares offered for subscription was set at € 5.6, corresponding to a pre-money Equity Value of € 28 million and an initial market capitalisation of € 33.2 million. The total proceeds are 5.2 million. The market will hold 15.74% of the share capital. To facilitate the possible conversion of all warrants, the total placement could reach a range of €14.1 to €15.9 million, with the market at 32.14%.