Piteco, final offer results confirm the purchase of 6.5 million shares

Piteco Board of Directors considers the Limbo takeover bid to

(Finance) – Limbo Srl announced the final results of theoffer concerning 7,113,004 ordinary shares Pitecorepresenting 35.24% of the Issuer’s share capital.

The definitive results confirm that they are overall reached in acceptance of the Offer 6,498,360 Sharesrepresenting approximately 32.20% of the share capital of Piteco and approximately 91.36% of the Shares Subject of the Offer, for a total value of 73,106,550 euros.

The Offer therefore became fully effective following thefulfillment of the Condition of Effectiveness. Taking into account the overall subscriptions to the Offer, the Piteco Shares held and those that the shareholders must confer, the Offeror will come to hold
a total of 19,935,078 Piteco shares, representing the 98.77% of the share capital.

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