(Tiper Stock Exchange) – Trevi – Finanziaria Industriale announces that the offer on Euronext Milan held on 4 and 5 January 2023 of no. 40,246,920 option rights not exercised at the end of the option period offered at auction.
In this context, n. 33,804,080 Unexercised rights which give the right to subscribe for a total of no. 17,747,142 newly issued Trevifin ordinary shares corresponding to approximately 22.4% of the total of the maximum number of n. 79,199,228 Trevifin ordinary shares, with no par value, having regular entitlement and the same characteristics as those in circulation deriving from the capital increase against payment, for a total maximum amount of Euro 25,106,155.28, inseparable up to the amount of Euro 24,999,999.90 and divisible for the excess, including the share premium, approved by the Board of Directors of Trevifin on 17 November 2022 and 28 November 2022, in execution of the delegation attributed to it by the Extraordinary Shareholders’ Meeting on August 11, 2022.
The Unexercised Rights may be exercised for the subscription of the New Shares, at the price of Euro 0.3170 per New Share, of which Euro 0.1585 to be allocated to the share capital and Euro 0.1585 to be allocated to the share premium, in the ratio of no. 21 New Shares for every n. 40 Unexercised rights held.
The exercise of the Unexercised Rights purchased in the context of the Unexercised Auction and, consequently, the subscription of the New Shares must be carried out through the authorized intermediaries adhering to the centralized management system of Monte Titoli SpA, under penalty of forfeiture, within and no later than 2.00 pm on 9 January 2023.