Fincantieri: capital increase concluded, subscriptions at 99.2%

Fincantieri capital increase concluded subscriptions at 992

(Telestock) – Fincantieri announces that today the Option Period for Fincantieri shareholders of the maximum no. 152,419,410 newly issued Fincantieri ordinary shares – with the same number of “Fincantieri Warrants 2024-2026” associated free of charge – deriving from the capital increase resolved on 11 June 2024 by the Board of Directors of Fincantieri for a maximum total amount of approximately Euro 400 million, pursuant to the delegation granted to the administrative body by the Extraordinary Shareholders’ Meeting of Fincantieri on the same date, has successfully concluded.

During the option offer period, which began on June 24, 2024 and ended today, July 11, 2024, no. 167,996,020 option rights were exercised for the subscription of no. 151,196,418 New Shares, equal to approximately 99.2% of the total New Shares offered, for a total value of Euro 396,134,615.16. At the same time, no. 151,196,418 Warrants were assigned free of charge.

The majority shareholder CDP Equityin execution of the commitments to subscribe for its share of the Capital Increase undertaken on 9 May 2024, has subscribed n. 109,094,724 New Shares for a total value of Euro 285,828,176.88.

The remaining 1,358,880 option rights not exercised during the Option Period, which entitle the holder to subscribe for a maximum of 1,222,992 New Shares, equal to approximately 0.8% of the total New Shares offered, for a total value of Euro 3,204,239.04, will be offered on the Stock Exchange by Fincantieri, in the sessions of 15 July 2024 and 16 July 2024, subject to early closure of the offer in the event of full sale of the Unexercised Rights.

THE Unexercised Rights grant the right to subscribe for the New Shares, at the price of Euro 2.62 for New Shares, in the ratio of 9 New Shares for every 10 Unexercised Rights purchased. The New Shares will be combined with Warrants free of charge in the ratio of 1 Warrant for each New Share subscribed.

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