Brembo, 1.31% of capital not purchased by shareholders after withdrawal

Brembo 131 of capital not purchased by shareholders after withdrawal

(Finance) – Bremboa group listed on Euronext Milan and active in the production of braking systems, announced that on 3 October 2023 the period of acceptance of the option and pre-emption offer addressed to shareholders has ended for the purchase of 4,436,622 Brembo shares, representing 1.32864% of the capital, for which the right of withdrawal granted to holders of shares who did not participate in the approval of the cross-border transformation of the company was exercised, with transfer of the registered office from Italy to the Netherlands.

As part of the offer, they were purchased with option and pre-emption 49,319 shares subject to withdrawal, at the unit price of 13.096 euros (equal to the liquidation value), representing the 0.01477% of the capital.

Upon completion of the offer, therefore, the shares subject to withdrawal not placed among the company’s shareholders are equal to a total of 4,387,303, representing the 1.31387% of the capitalfor a total liquidation value of 57,456,120.09 euros.

The Board of Directors reserves the right to evaluate the opportunity of place the remaining shares on the market to third parties.

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