Takeover bid Assiteca, Howden Italia Holdings with 99.2% of the share capital

Takeover bid Assiteca Howden Italia Holdings with 992 of the

(Finance) – The adhesion period relating to the opublic tender offer (OPA) totalitarian, mandatory, promoted by Howden Italia Holdings on n. 2,007,978 ordinary shares Assitecaadmitted to trading on the Euronext Growth Milan multilateral trading facility organized and managed by Borsa Italiana.

Based on the provisional results, from 15 June 2022 to 5 July 2022 (extremes included), the acceptance of Offer no. 1,665,747 Assiteca shares, equal to approximately 3.903% of the relative share capital and 82.956% of the Assiteca shares subject to the Offer.

Howden Italia Holdings, at the Offer Document Date, held a total of no. 40,665,375 Assiteca ordinary shares, equal to approximately 95.295% of the relative share capital. In light of the foregoing, based on the provisional results of the Offer (if confirmed), Howden Italia Holdings will hold a total of no. 42,331,122 Assiteca shares, equal to approximately 99.198% of the share capital.

The payment of the Consideration of the Offer – equal to Euro 5.624 for each Assiteca share – to the holders of the Assiteca shares tendered during the Acceptance Period, against the simultaneous transfer of ownership of these shares to Howden Italia Holdings, will take place on 12 July 2022.

Borsa Italiana will order that the Issuer’s shares be suspended from trading on Euronext Growth Milan in the sessions of 11 and 12 July 2022 and withdrawn from trading starting from the session of 13 July 2022.

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