(Finance) – Ideanomics has announced i provisional results oftakeover bid (takeover bid) totalitarian voluntary on Energica Motor Company, a company operating in the market for the production and marketing of electric motorcycles and listed on Euronext Growth Milan. Based on the provisional results communicated by Bestinver and Spafid, as intermediaries in charge of coordination, at the end of the subscription period subscribed to 14,084,535 sharesequal to 45.48% of the share capital and 87.719% of the shares subject of the offer.
In light of the above provisional results and taking into account the shareholding already held by the offeror and the persons acting in concert before the start of the subscription period, if the above provisional results are confirmed, the offeror and the persons who acting in concert would come to hold 28,996,341 shares, equal to 93.63% of the share capital by Energica. As the 90% threshold condition has been exceeded, there will be no extension of the membership period. Borsa Italiana will now have the withdrawal of shares from trading on Euronext Growth Milan, taking into account the time schedule for exercising the right to purchase.