Read the press release in PDF format here (in Italian)
“REDELFI 2022-2025” WARRANTS
OPENING OF “FIRST EXERCISE PERIOD” JULY 3-17, 2023
Milan, June 30, 2023
Redelfi S.p.A. (“Redelfi” or the “Company”), the company heading the namesake industrial group with its operational headquarters in Genoa – engaged in the development of innovative and sustainable infrastructures to promote the energy transition, and listed on the Euronext Growth Milan segment of Borsa Italiana – announces that holders of the “Redelfi 2022-2025” warrants (the “Warrants”), ISIN code IT0005496028, may request their exercise from July 3, 2023 until July 17, 2023, initial and final dates included (the “First Exercise Period”).
Warrant holders have the right to underwrite the Conversion Shares, at the ratio of 1 (one) Conversion Share for every 2 (two) Warrants held, at a price per Conversion Share of EUR 1.375, corresponding to the placement price plus 10%. Subscription requests may be made on any bank business day during the First Exercise Period and must be submitted to the intermediary Monte Titoli S.p.A. with which the Warrants are deposited.
It is understood that if Warrant holders do not request to underwrite the Conversion Shares by the final deadline of the First Exercise Period (July 17, 2023), they will lose the relevant right, subject again to the right to exercise the Warrants in each of the subsequent Exercise Periods.
Conversion Shares underwritten by Warrant holders during the First Exercise Period will be made available for trading, through Monte Titoli S.p.A., on the settlement day following the end of the last day of the First Exercise Period.
Upon the exercise of Warrants the underwritten Conversion Shares will have the same entitlement dividend as the Redelfi Ordinary Shares traded on Euronext Growth Milan as of the date of their issue.
For more information, please refer to the “2022-2025 Warrant” Regulations available on the company’s website: www.redelfi.com in the Investor Relations > IPO section.
This press release is available on the website www.redelfi.com, Investor Relations > Press Releases section and at www.1info.it.
Redelfi is the parent company of the Redelfi Group active in the digital and green transition through three Business Units operating in the Green, MarTech and GreenTech sectors. Each Business Unit adopts a highly innovative approach in defining products, services, and processes with a strong focus on compliance with ESG principles in business management. In the 2022 fiscal year, the Group achieved a Production Value of EUR 4.5 million and a Net Income of EUR 0.27 million. Its Net Financial Position was EUR 0.6 million and its Net Equity was EUR 9.3 million. In 2022, the Group made investments of approximately EUR 6.4 million.
Contacts:
ISSUER
Redelfi | Investor Relations Manager | Erika Padoan | investor-relations@redelfi.com | T: +39 320 7954739 | via A. Scarsellini, 119 Torre B “I Gemelli” 11 piano, 16149 Genova
Redelfi | Media Relations | Carolina Beretta | carolina.beretta@redelfi.com | via A. Scarsellini, 119 Torre B “I Gemelli” 11 piano, 16149 Genova
INVESTOR & FINANCIAL MEDIA RELATIONS
IR Top Consulting | Investor Relations | ir@irtop.com | T: + 39 02 4547 3884/3 | Via Bigli, 19 – 20121 Milano
IR Top Consulting | Media Relations | d.gentile@irtop.com | T: + 39 02 4547 3884/3 | Via Bigli, 19 – 20121 Milano
EURONEXT GROWTH ADVISOR & SPECIALIST
Integrae SIM | info@integraesim.it | T: +39 02 96846864 | Piazza Castello, 24 – 20121 Milano
