Major Shareholding Notification • Feb 17, 2023
Major Shareholding Notification
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Bologna, 17 February 2023 – Marzocchi Pompe S.p.A. (EGM:MARP), a leading company in the design, manufacturing and marketing of high performance gear pumps and motors, informs that following the conclusion of the working relationship between the issuer Marzocchi Pompe S.p.A. and Aldo Toscano (as per press releases dated 05.07.2022 and 20.07.2022), as well as in execution of the previous shareholders' agreements signed before the issuer's entry on the AIM market (now Euronext Growth Milan), today the shareholder Abbey Road S.r.l. exercised its option to purchase the entire shareholding of Mr. Toscano (corresponding to about 1.57% of the share capital) at the fixed price already agreed upon at the date of the above mentioned agreements and equal to the original book value of the shareholding, equivalent to Euro 70,000. At the time of the Company admission to the AIM market (now Euronext Growth Milan), this call option and the aforesaid price were reported in the admission document.
With this purchase transaction, Abbey Road S.r.l. (attributable to Paolo Marzocchi) increased its stake from 59.63% to 61.19% in Marzocchi Pompe.
Marzocchi Pompe is a leading designer, manufacturer and marketer of high-performance gear pumps and motors, which find application in various fields: industrial, mobile and automotive. It closed 2021 with €40 million in total revenues. Founded in 1949, it is controlled by the Marzocchi family, which holds the majority of the shares through Abbey Road S.r.l. and is represented in the company by Paolo Marzocchi, Chairman, and his son Carlo, Deputy Chairman. The shareholding structure also includes CEO Gabriele Bonfiglioli and three other managers. Production is carried out entirely in Italy at the two sites in Casalecchio di Reno (BO) and Zola Predosa (BO). Marzocchi Pompe is present in over 50 countries through an international distribution network.
Marzocchi Pompe S.p.A. Integrae SIM S.p.A. – Euronext Growth Advisor Gabriele Bonfiglioli, CEO & IR [email protected] Francesco D'Antonio [email protected]
CDR Communication – Investor Relations e Media Relations Paola Buratti (IR) [email protected] Martina Zuccherini (Media) [email protected] Diego Carmignani [email protected]
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