Landi Renzo

Share Issue/Capital Change • Dec 13, 2024

Informazione Regolamentata n. 0915-99-2024	Data/Ora Inizio Diffusione 13 Dicembre 2024 20:08:39		Euronext Star Milan
Societa'	:	LANDI RENZO
Identificativo Informazione Regolamentata	:	199422
Utenza - Referente	:	LANDIN03 - Paolo
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	13 Dicembre 2024 20:08:39
Data/Ora Inizio Diffusione	:	13 Dicembre 2024 20:08:39
Oggetto	:	PR - Conclusion of the exercise period of the option rights
Testo del comunicato

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LANDI RENZO: CONCLUSION OF THE EXERCISE PERIOD OF THE OPTION RIGHTS PURCHASED DURING THE RIGHTS OFFERING

Cavriago (RE), December 13, 2024 - Landi Renzo S.p.A. ("Landi Renzo" or the "Company") announces that as a result of the sale of 2,270,000 unexercised option rights during the rights offering period during the rights auction sessions of December 11 and 12, 2024 (the "Rights Offering"), no new ordinary Landi Renzo shares were subscribed.

Therefore, as per the previous announcement to the market, a total of 7,916,804 newly issued shares have been subscribed, accounting for approximately 62.83% of the total number of newly issued shares resulting from the option capital increase (the "Option Capital Increase").

It should be noted that, on November 8, 2024, the majority shareholder GBD Green by definition S.p.A. ("GBD") made a commitment to subscribe for any shares not subscribed at the outcome of the Rights Offering up to a maximum amount (including GBD's pro-rata share, which GBD had already paid on August 2, 2024 in the form of a payment on account of future capital increase and subscribed on November 25, 2024) of Euro 20 million (the "GBD Subscription Commitment").

Taking into account the results of the Option Capital Increase and in view of the interest expressed by GBD in subscribing for additional new shares arising from the Option Capital Increase for a countervalue of approximately Euro 5 million (also exceeding, therefore, the amount referred to in the GBD Subscription Commitment), the Board of Directors, today, resolved in favour of the subscription by GBD, as soon as possible, of no. 2,520,161 new shares (as opposed to the total no. 4,683,196 new shares not subscribed in the context of the Rights Offering).

The final outcome of the capital increase will be announced to the public by the Company through a special press release.

In accordance with the provisions of Article 2444 of the Civil Code the certificate of the successful subscription of the Option Capital Increase, indicating the new share capital, will be filed with the Reggio Emilia Companies' Registry within the terms of the law.

***

This communication does not constitute an offer or invitation to purchase or subscribe for securities. The securities have not been, and will not be, registered in the United States, Australia, Canada or Japan or in any other country where such offer or solicitation is subject to authorisation by local authorities or otherwise prohibited by law. This document is not intended for distribution, directly or indirectly, in or into the United States, Canada, Japan, Australia or any other country where such distribution may be prohibited by law.

This press release is a translation. The Italian version prevails

Landi Renzo is the global leader in the natural gas, biomethane and hydrogen sustainable mobility and infrastructure sector. The Group stands out for its extensive presence at global level in over 50 countries, generating nearly 90% of its revenues abroad. Landi Renzo S.p.A. has been listed on the Euronext STAR Milan segment of Borsa Italiana since June 2007.

www.landirenzogroup.com

Press Release

13 December 2024

LANDI RENZO

Paolo Cilloni CFO and Investor Relator ir@landi.it

Media contacts: Community

Roberto Patriarca - 335 6509568 Silvia Tavola - 338 6561460 Lucia Fava - 366 5613441 landirenzo@community.it

Fine Comunicato n.0915-99-2024	Numero di Pagine: 4