Cofle

Share Issue/Capital Change • Oct 28, 2022

Informazione Regolamentata n. 20232-27-2022		Data/Ora Ricezione 28 Ottobre 2022 00:48:57	Euronext Growth Milan
Societa'	:	COFLE
Identificativo Informazione Regolamentata	:	168656
Nome utilizzatore	:	COFLEN02 - BARBIERI
Tipologia	:	REGEM
Data/Ora Ricezione	:	28 Ottobre 2022 00:48:57
Data/Ora Inizio Diffusione presunta	:	28 Ottobre 2022 10:00:07
Oggetto	:	"WARRANT COFLE 2021-2023" - OPENING OF THE FIRST EXERCISE PERIOD NOVEMBER 2 ND -30TH , 2022
Testo del comunicato

Vedi allegato.

Press release

"WARRANT COFLE 2021-2023" - ISIN IT0005465635

OPENING OF THE FIRST EXERCISE PERIOD NOVEMBER 2 ND -30TH , 2022

Trezzo sull'Adda (MI), October 28th , 2022 – Cofle S.p.A. – leading company in the design, production and worldwide marketing of control systems and control cables for the off-road, automotive and after market automotive sectors – hereby reports that the holders of "Warrant Cofle 2021-2023" – ISIN IT0005465635 – (the "Warrant"), will be able to request their exercise from November 2 nd , 2022 until November 30th , 2022, both dates included (the "First Exercise Period").

"Warrant Cofle 2021-2023" holders shall be entitled to subscribe Cofle Ordinary Shares, without par value, with regular entitlement and the same characteristics as the shares in circulation at the effective date of the Warrants exercise, intended exclusively for the exercise of the Warrants (the "Conversion Shares"), at a ratio of 1 (one) Conversion Share for every Warrant held, at a price per Conversion Share of Euro 14.95.

Subscription requests may be made on any bank working day during each Exercise Period and must be submitted to the intermediary adhering to Monte Titoli with which the Warrants are deposited.

It is understood that, if the Warrants holders do not request to subscribe the Conversion Shares by the end date of each Exercise Period, they will forfeit the relative right, without prejudice to the right to exercise the Warrants again in each of the subsequent Exercise Periods.

The issue and the provision for trading, through Monte Titoli, of the Conversion Shares subscribed by the Warrant holders during one of the Exercise Periods will take place on the settlement day following the end of the last day of the relative Exercise Period.

The Conversion Shares will have the same dividend rights as the Cofle Ordinary Shares traded on Euronext Growth Milan on the date of issue of the Conversion Shares.

For more information, please refer to the "Warrant Regulation" available on the company's website https://www.cofle.com/it/, in the Investor Relations' section.

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This press release is available in the Investor Relations' section of the website https://www.cofle.com/it/.It is also noted that, for the dissemination and storage of regulated information, the Company uses the eMarket STORAGE circuit managed by Spafid Connect S.p.A

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About Cofle

The Cofle Group, founded in 1964, is a multinational company specializing in the design, production and worldwide marketing of cables and remote control systems for the off-road vehicles, automotive and automotive after market sectors. In 2021, the Company reported a Total Revenue € 55,4 milion of Euro. To manufacture its products, the Company uses 6 factories located in Italy (1), Turkey (3), India (1) and Brazil (1). Cofle sells its products in 38 countries to approximately 294 customers. From 11 November 2021, Cofle has been listed on the Euronext Growth Milan market organized and managed by Borsa Italiana S.p.A .

Contacts:

Cofle S.p.A. Alessandra Barbieri Head of Group Communications e IR Manager investor@cofle.it

Euronext Growth Advisor Banca Profilo S.p.A. cofle@bancaprofilo.it

CDR Communication – Corporate Press Office Angelo Brunello angelo.brunello@cdr-communication.it Martina Zuccherini martina.zuccherini@cdr-communication.it