Aquafil — Capital/Financing Update 2018

Feb 5, 2018

Informazione Regolamentata n. 1938-20-2018		Data/Ora Ricezione 05 Febbraio 2018 14:41:00	MTA - Star
Societa'	:	Aquafil S.P.A.
Identificativo Informazione Regolamentata	:	98762
Nome utilizzatore	:	AQUAFILNSS02 - -
Tipologia	:	3.1
Data/Ora Ricezione	:	05 Febbraio 2018 14:41:00
Data/Ora Inizio Diffusione presunta	:	05 Febbraio 2018 14:41:01
Oggetto	:	Exercise of "Market Warrant Aquafil S.p.A." warrants - first exercise period begins today
Testo del comunicato

Vedi allegato.

EXERCISE OF "MARKET WARRANT AQUAFIL S.P.A." WARRANTS

FIRST EXERCISE PERIOD BEGINS TODAY

Arco (TN), February 5, 2018 – Aquafil S.p.A. ("Aquafil" or the "Company") [ECNL IM] announces that, pursuant to the Rules for the "Market Warrant Aquafil S.p.A." Warrants, the first exercise period for the "Market Warrant Aquafil S.p.A." warrants (the "Warrants") will begin today, February 5, 2018.

The monthly average price of Aquafil's shares (ISIN IT0005241192) in January 2018, the exercise ratio for the conversion of the Warrants for February 2018 and the methods of exercise of the Warrants have been announced by the Company on February 2, 2018, in accordance with the terms set in the Rules for the "Market Warrant Aquafil S.p.A." Warrants.

For further information, please refer to the Rules for the "Market Warrant Aquafil S.p.A." Warrants, available from the Investor Relations section of the Issuer's website (http://ir.aquafil.com/eng/shareholders-information/).

* * *

Founded in 1965, Aquafil is one of the main players, in Italy and worldwide, in the production of synthetic fibers, particularly for Polyamide 6 applications. The Group is present in three continents, with a workforce of over 2,700. It operates through two product areas:

• 1. BCF (Bulk Continuous Filaments): synthetic fibers used in textile floorings in the contract (offices, hotels and public buildings), automotive (car mats and upholstery) and residential sectors. The production of filaments for textile floorings has been Aquafil's core business (accounting for over 80% of the Group's turnover) since the company was founded. Today, the Group is the leader in Europe and the second largest global player in the BCF sector. Almost 20,000 different product codes are handled, all of which are produced internally as part of stylistic research and/or technological innovation projects, in close contact with the customer. The entire collection is renewed every 4 years.
• 1. NTF (Nylon Textile Filaments): synthetic fibers used in the clothing and sports industries Today, the Group is the main supplier to some of the leading Italian and European manufacturers of clothing, underwear and sportswear. Aquafil's constant commitment to research enables the Group to support its customers in the development of new textile products to respond to the latest aesthetic and performance trends for clothing and sportswear. The product range offered includes Dryarn® microfiber and ECONYL® regenerated polyamide yarn, which have always been developed from projects carried out in partnership with the final brands.

Aquafil is a pioneer in the circular economy also thanks to the ECONYL® regeneration system, an innovative and sustainable process able to create new products from waste and give life to an endless cycle. The Nylon waste is collected in locations all over the world and includes industrial waste but also products (such as fishing nets and rugs) that have reached the end of their useful life. Such waste is processed so as to obtain a raw material (caprolactam) with the same chemical and performance characteristics as those from fossil sources. The polymers produced from ECONYL® caprolactam are distributed to the Group's production plants, where

they are transformed into BCF yarn and NTF yarn. Today, yarn produced with ECONYL® caprolactam already accounts for about 30% of the Group's revenues. In 2016 Aquafil's revenues amounted to approximately €482 million, EBITDA was about €65 million and net profit totaled about €20 million. Net financial position at December 31, 2016 amounted to about €118 million.

For further information:

Media Contact

Barabino & Partners T: +39 02 72.02.35.35

Federico Vercellino f.vercellino@barabino.it mob: +39 331 5745.171 Agota Dozsa a.dozsa@barabino.it

mob: +39 338 7424.061

Investors Contact

Karim Tonelli investor.relations@aquafil.com mob: +39 348 6022.950

Barabino & Partners IR T: +39 02 72.02.35.35 Stefania Bassi s.bassi@barabino.it mob: +39 335 6282.667