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Ediliziacrobatica
Share Issue/Capital Change • Oct 4, 2021
4115_iss_2021-10-04_37b8e450-5da8-4404-8f95-6fc264ce6a9c.pdf
Share Issue/Capital Change
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PRESS RELEASE
CLOSING OF THE THIRD AND FINAL EXERCISE PERIOD FOR 2018-2021 EDAC WARRANTS
Genoa, 1 October 2021 – EdiliziAcrobatica S.p.A. (the "Company" or "EDAC"), a company specialised in construction works using double safety ropes such as maintenance and renovation of buildings and other architectural structures, listed on the AIM Italia segment of Borsa Italiana (ticker symbol EDAC) and on Euronext Growth (ticker symbol ALEAC), announces that the third and last of the three periods envisaged for the exercise of the "2018-2021 EDAC Warrants", ISIN code IT0005351470 ("Warrants") ended on 30 September 2021 (the "Third Exercise Period", the date of 30 September 2021 being the "Final Warrant Exercise Deadline"), as envisaged by article 3.2 of the relevant regulation (the "Warrant Regulation").
During the Third Period of the Financial Year 121,647 Warrants were exercised and 121,647 EDAC Converted Shares were consequently subscribed, at a price of €4.43 (four point forty-three/00) for each Converted Share subscribed, for a total value of €538,896.
The subscribed EDAC shares are available for trading today (on the settlement day following the end of the last day of the Third Exercise Period) – through Monte Titoli S.p.A. – and have the same regular dividend rights as the ordinary EDAC shares traded on the stock exchange at the effective date of the exercise of the Warrants, and therefore that have a valid coupon.
The new share capital of EDAC amounts to €815,414.50, divided into 8,154,145 ordinary shares, all without nominal value. In accordance with the provisions of art. 2444 of the Italian Civil Code, the certificate specifying the new share capital will be filed with the Milan Company Register as per the terms of the law and will be the subject of a press release pursuant to the AIM Italia Regulation.
For more information, see the Warrant Regulation available on the Company's websitehttp://ediliziacrobatica.com, in the Investor Relations/IPO section. The KID related to the Warrants is available in the same section.
EdiliziAcrobatica SpA is the leading company in Italy in the operational building sector. Founded in Genoa in 1994 by Riccardo Iovino, the company now has about 1,300 employees and more than 100 operating areas in Italy and France. The technique it employs allows working without scaffolding or aerial platforms, thus offering end customers a quality service and the elimination of scaffolding costs. The rope access that EdiliziAcrobatica is specialised in is particularly well suited to ordinary and extraordinary maintenance of buildings and apartment complexes, hotels and historical monuments. In fact, the technique developed by EdiliziAcrobatica ensures numerous benefits both in terms of accessibility for apartment complex residents and hotel guests and safety for tenants and access to monuments that always remain accessible to tourists even during restoration and maintenance works.
Listed on the AIM Italia stock exchange since November 2018 and on the Euronext Growth market in Paris since February 2019, EdiliziAcrobatica closed 2020 – the year of the pandemic and the stoppage of construction sites – with €44.8 million in revenues, up 14% compared to 2019. During the year the company also inaugurated a new business line dedicated to cleaning and disinfection and released EAcondominio, the first app in Italy for condominium administrators to facilitate the holding of remote tenant meetings.
For info: www.ediliziacrobatica.com
Contacts:
Communications Manager Deborah Dirani [email protected] C: 393 8911364
Financial Press Office Close to Media Luca Manzato +39 335 8484706 Lidy Casati +39 349 2332555
Investor Relations EdiliziAcrobatica S.p.A. Maria Concu [email protected] C: 349 3076391
Nominated Adviser Banca Profilo S.p.A. Via Cerva 28 - 20122 Milan Tel. +39 02 584081