Share Issue/Capital Change • Dec 1, 2020
Share Issue/Capital Change
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| Informazione Regolamentata n. 20088-34-2020 |
Data/Ora Ricezione 01 Dicembre 2020 17:36:39 |
AIM -Italia/Mercato Alternativo del Capitale |
|
|---|---|---|---|
| Societa' | : | Dominion Hosting Holding S.p.A. | |
| Identificativo Informazione Regolamentata |
: | 139952 | |
| Nome utilizzatore | : | DOMINIONNSS02 - Giandomenico Sica | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 01 Dicembre 2020 17:36:39 | |
| Data/Ora Inizio Diffusione presunta |
: | 01 Dicembre 2020 17:40:20 | |
| Oggetto | : | Exercise of warrants DHH 2016 – 2021 | |
| Testo del comunicato |
Milan, 1 December 2020. DHH S.p.A. ("DHH") (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, announces that the Monthly Average Price, as defined in the warrant Dominion Hosting Holding S.p.A. 2016 – 2021 Regulation for November 2020 was equal to EUR 10,71 (the average price of the DHH's shares recorded during the trading sessions in the month of November 2020) whereas the strike price for warrant of DHH ("Warrant") is equal to EUR 11,50. Therefore, since the Monthly Average Price is lower than the strike price, pursuant to Article 3 of the warrant Dominion Hosting Holding S.p.A. 2016 – 2021 Regulation, the Warrants are not exercisable for the month of December 2020.
DHH also announces that the period of exercise of Warrants, starting from 2 November 2020 until 30 November 2020, is closed. During this period, n. 1.500 Warrants were exercised and consequently subscribed at a price of Euro 11,80 per share (the exercise ratio is equal to 0,0256), n. 38 regular new DHH shares, the conversion shares, with no indication of nominal value, with regular dividend entitlement and the same characteristics as the regular DHH shares in circulation on the issue date, for a total value of Euro 448,40. The conversion shares subscribed by the Warrant holders during the exercise period will be made available for the trading, through Monte Titoli S.p.A., on the settlement day following the deadline on the last day of the relevant exercise period. As a result of the above, as at the date of this press release, there are 1.418.500 Warrants in circulation. The share capital of DHH is now equal to Euro 451.866,90, represented by no. 4.518.669 ordinary shares without par value. The Company will publish the notice of change in share capital following the filing of the capital increase with the Companies' Register within the terms of the law.
Milan, 1 December 2020. DHH S.p.A. ("DHH") (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, announces that the Monthly Average Price, as defined in the warrant Dominion Hosting Holding S.p.A. 2016 – 2021 Regulation for November 2020 was equal to EUR 10,71 (the average price of the DHH's shares recorded during the trading sessions in the month of November 2020) whereas the strike price for warrant of DHH ("Warrant") is equal to EUR 11,50.
Therefore, since the Monthly Average Price is lower than the strike price, pursuant to Article 3 of the warrant Dominion Hosting Holding S.p.A. 2016 – 2021 Regulation, the Warrants are not exercisable for the month of December 2020.
DHH also announces that the period of exercise of Warrants, starting from 2 November 2020 until 30 November 2020, is closed.
During this period, n. 1.500 Warrants were exercised and consequently subscribed at a price of Euro 11,80 per share (the exercise ratio is equal to 0,0256), n. 38 regular new DHH shares, the conversion shares, with no indication of nominal value, with regular dividend entitlement and the same characteristics as the regular DHH shares in circulation on the issue date, for a total value of Euro 448,40.
The conversion shares subscribed by the Warrant holders during the exercise period will be made available for the trading, through Monte Titoli S.p.A., on the settlement day following the deadline on the last day of the relevant exercise period.
As a result of the above, as at the date of this press release, there are 1.418.500 Warrants in circulation.
The share capital of DHH is now equal to Euro 451.866,90, represented by no. 4.518.669 ordinary shares without par value.
The Company will publish the notice of change in share capital following the filing of the capital increase with the Companies' Register within the terms of the law.
To note that Warrants not exercised by July, 27, 2021 will be void.
For any further information, reference should be made to the Warrant Regulation, available on the Issuer's website (www.dhh.international).
***
DHH S.p.A. Via Caldera 21, 20153 Milano P.IVA/CF: 09150720960 www.dhh.international
Established in July 2015 and located in Milan, DHH SpA ("DHH") is a tech-group that provides the "virtual infrastructure" to run websites, apps, e-commerces and software as a service solutions to 100.000+ customers across Southeast Europe (the so-called "Adriatic Sea area"), a geographic area where expected growth rates are higher thanks to current lower digital penetration.
DHH is listed on AIM Italia, a Multilateral Trading Facility regulated by Borsa Italiana and registered as an SME Growth Market.
For more information please visit: www.dhh.international
DHH S.p.A. Via Caldera 21, 20153 Milano +39 02 87365100 [email protected] www.dhh.international
Nominated Adviser (Nomad) Paolo Verna EnVent Capital Markets Ltd. 42 Berkeley Square - London W1J 5AW +44 (0) 2035198451 / +39 06 896841 [email protected] www.enventcapitalmarkets.co.uk
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