TIP, right of withdrawal exercised by 0.0549% of the share capital

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(Finance) – Tamburi Investment Partners (TIP), an independent and diversified industrial group listed on Euronext STAR Milan, announced that the right of withdrawal (concerning the “further” increase in voting rights) was validly exercised for a total of 101,206 shares, representing the 0.0549% of the share capitalfor a total value of the shares subject to withdrawal equal to 880,846.42 euros.

TIP will proceed with the liquidation of the shares subject to withdrawal in accordance with the regulations and has filed the notice of offered as an option of the shares subject to withdrawal to all shareholders of the company holding shares for which the right of withdrawal has not been exercised.

Therefore, starting from 28 May 2024 until 27 June 2024the company’s shareholders will be able to exercise the option rights to which they are entitled in proportion to the number of shares they own at the close of the accounting day of 29 May 2024 and for which the right of withdrawal has not been exercised.

In particular, each share held is attributed an option right valid for the purchase of shares subject to withdrawal in the relationship of n. 1 share subject to withdrawal for every n. 1,635 option rights held. The shares subject to withdrawal are offered at a unit price equal to 8.7035 euros for each share subject to withdrawal.

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