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Antares Vision — M&A Activity 2026
Mar 20, 2026
4255_rns_2026-03-20_de8d6078-7106-4b86-b97b-4f78d9c6e708.pdf
M&A Activity
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INFORMATION SERVICES LTD
This English translation of the communication pursuant to Article 41, paragraph 2, letter c), of CONSOB Regulation no. 11971/1999 is for courtesy only and shall not be relied upon by the recipients. The Italian version of the communication pursuant to Article 41, paragraph 2, letter c), of CONSOB Regulation no. 11971/1999 is the only authentic version and shall prevail in case of any discrepancy
Communication issued by Crane NXT Inspection and Tracking Technologies S.p.A. and disseminated to the market by Antares Vision S.p.A. on behalf of Crane NXT Inspection and Tracking Technologies S.p.A.
THE DISSEMINATION, PUBLICATION OR DISTRIBUTION OF THIS COMMUNICATION IS PROHIBITED IN ANY JURISDICTION WHERE IT WOULD CONSTITUTE A VIOLATION OF THE RELIVANT APPLICABLE LAW
MANDATORY TOTALITARIAN TENDER OFFER
LAUNCHED BY CRANE NXT INSPECTION AND TRACKING TECHNOLOGIES S.P.A. ON THE ORDINARY SHARES OF ANTARES VISION S.P.A.
★☆★☆★
Press Release
pursuant to Article 41, paragraph 2, letter c), of the Regulation adopted by CONSOB by resolution no. 11971 of 14 May 1999, as subsequently amended and supplemented ("Issuers' Regulation")
Milan, 20 March 2026 — With regard to the mandatory totalitarian tender offer (the “Offer”), launched by Crane NXT Inspection and Tracking Technologies S.p.A. (“Crane NXT ITT” or the “Offeror”), pursuant to, and for the purposes of, Articles 102, 106, paragraph 1, and 109 of Legislative Decree no. 58 of 24 February 1998, as subsequently amended and supplemented (the “CFA”), and applicable implementing provisions contained in the Issuers’ Regulation, on the ordinary shares (the “Shares”) of Antares Vision S.p.A. (“Antares Vision” or the “Issuer”), the Offeror hereby announces that, on the date hereof, the Offeror has carried out, through Intermonte SIM S.p.A., the following purchase transactions on the ordinary shares of Antares Vision, to be disclosed pursuant to Article 41, paragraph 2, letter c), of the Issuers’ Regulation:
| Date of the transaction | Trading venue | Type of transaction | Number of Antares Vision's Shares | Currency | Price per Antares Vision's Share |
|---|---|---|---|---|---|
| 20 March 2026 | Euronext Milan | Purchase | 253 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 3,414 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 247 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 500 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 2,876,840 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 500 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 1,678 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 94,430 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 1,148,000 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 8,375 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 207,000 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 3,439 | Eur | 5.00 |
This English translation of the communication pursuant to Article 41, paragraph 2, letter c), of CONSOB Regulation no. 11971/1999 is for courtesy only and shall not be relied upon by the recipients. The Italian version of the communication pursuant to Article 41, paragraph 2, letter c), of CONSOB Regulation no. 11971/1999 is the only authentic version and shall prevail in case of any discrepancy
| Date of the transaction | Trading venue | Type of transaction | Number of Antares Vision’s Shares | Currency | Price per Antares Vision’s Share |
|---|---|---|---|---|---|
| 20 March 2026 | Euronext Milan | Purchase | 539 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 150,000 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 130 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 210 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 212 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 415 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 3,000 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 450 | Eur | 5.00 |
| 20 March 2026 | Euronext Milan | Purchase | 368 | Eur | 5.00 |
It should be noted that the purchase transactions hereby announced have been carried out for a consideration per Share of Antares Vision not exceeding Euro 5.00 (i.e., the consideration offered per each Share of Antares Vision in the context of the Offer).
As a result of the transactions carried out on the date hereof, Crane NXT ITT owns, individually, an overall amount of no. 40,560,900 Shares of Antares Vision, representing 56.00% of the Issuer's share capital as of the date thereof.
THIS PRESS RELEASE MUST NOT BE DISSEMINATED, PUBLISHED OR DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN ANY COUNTRY WHERE THE DISCLOSURE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE WOULD CONSTITUTE A VIOLATION OF THE APPLICABLE LAWS OR REGULATIONS, INCLUDING, WITHOUT LIMITATION, THE UNITED STATES OF AMERICA, CANADA, JAPAN AND AUSTRALIA (AND OTHER COUNTRIES, AS DEFINED BELOW).
The mandatory totalitarian tender offer referred to in this press release (the "Offer") is launched by Crane NXT Inspection and Tracking Technologies S.p.A. (the "Offeror" or "Crane NXT ITT") on the ordinary shares of Antares Vision S.p.A. (the "Issuer" or "Antares Vision").
This press release does not constitute, nor is it intended to constitute, an offer to purchase or sell ordinary shares of Antares Vision.
Prior to the commencement of the Acceptance Period, as required under applicable law, the Offeror has published an Offer Document which shareholders of Antares Vision should carefully review.
The Offer will be launched exclusively in Italy and will be addressed, on equal terms, to all holders of Antares Vision's ordinary shares. The Offer is being made solely in Italy, as Antares Vision's ordinary shares are listed on the STAR segment of Euronext Milan, a regulated market organized and managed by Borsa Italiana S.p.A., and is therefore subject to the procedural and regulatory requirements provided for under Italian law.
The Offer has not been and will not be made or disseminated in the United States of America (or directed to, or for the account or benefit of, U.S. Persons, as defined under the U.S. Securities Act of 1933, as amended), Canada, Japan, or Australia, nor in any other country where the making of the Offer would not be permitted without authorization by the relevant authorities or would otherwise constitute a violation of applicable laws or regulations (such countries, including the United States of America, Canada, Japan, and Australia, collectively, the "Other Countries"). The Offer will not be made using, directly or indirectly, any means or instrumentality of interstate or foreign commerce or of any facilities of a national securities exchange of any of the Other Countries (including, without limitation, postal services, fax, telex, e-mail, telephone or Internet) nor through any intermediary or
This English translation of the communication pursuant to Article 41, paragraph 2, letter c), of CONSOB Regulation no. 11971/1999 is for courtesy only and shall not be relied upon by the recipients. The Italian version of the communication pursuant to Article 41, paragraph 2, letter c), of CONSOB Regulation no. 11971/1999 is the only authentic version and shall prevail in case of any discrepancy
financial institution of the Other Countries, nor in any other manner. No action has been or will be taken to make the Offer possible in any of the Other Countries.
Any copy, whether in whole or in part, of any document issued by the Offeror in connection with the Offer must not be mailed, forwarded, transmitted or otherwise distributed, directly or indirectly, in or into any of the Other Countries. Any person receiving such documents must not distribute, send or dispatch them (whether by post or by any other means or instrumentality of communication or commerce) into or from any of the Other Countries.
Any acceptance of the Offer resulting from solicitation activities carried out in breach of the above restrictions will not be accepted.
This press release, as well as any other document issued by the Offeror in connection with the Offer, does not constitute and shall not form part of any offer to purchase or any invitation or solicitation of an offer to sell financial instruments in the United States of America or in any of the Other Countries. No securities may be offered, sold or purchased in any of the Other Countries unless such offer, sale or purchase is made pursuant to an exemption from, or in compliance with, the relevant local laws and regulations of such jurisdictions.
This press release has been prepared in accordance with Italian law, and the information disclosed herein may differ from that which would have been disclosed had this Communication been prepared in accordance with the laws of any jurisdiction other than Italy.
This press release and any other document relating to the Offer are accessible in or from the United Kingdom only: (i) by persons having professional experience in matters relating to investments who fall within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"); or (ii) by high-net-worth entities and other persons to whom this Communication may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "Relevant Persons"). The financial instruments referred to in this press release are available only to Relevant Persons, and any invitation, offer or agreement to subscribe for, purchase or otherwise acquire such instruments will be directed only at such persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.
Tendering in the Offer by persons resident in countries other than Italy may be subject to specific legal or regulatory restrictions. It is the sole responsibility of any such persons to ensure compliance with those laws and regulations, and therefore, prior to tendering their shares under the Offer, they should verify the existence and applicability of any such restrictions by consulting their own advisers. The Offeror accepts no responsibility for any breach by any person of any of the above restrictions.