MILAN (Reuters) – Italian ceramics billionaire Romano Minozzi has emerged as a significant shareholder in the Italian energy group Eni with a stake of just over 3%, regulatory filings showed on Monday.
He held 3.095% of the company as of May 5, market regulator Consob said.
Minozzi, one of the founders of multinational group Iris Ceramica, currently serves as president of the privately-owned group.
The entrepreneur, who has a net worth of $1.8 billion according to Forbes, also owns 7.4% of gas grid group Snam. A 3% stake in Eni is worth 1.2 billion euros ($1.33 billion) at current market prices.
($1 = 0.9008 euros)
(This story has been refiled to say ‘significant shareholder,’ not ‘relevant shareholder,’ in paragraph 1)
(Reporting by Francesca Landini, editing by Alvise Armellini)
