Dovalue

Share Issue/Capital Change • Sep 17, 2024

Informazione Regolamentata n. 1967-88-2024	Data/Ora Inizio Diffusione 17 Settembre 2024 18:53:09		Euronext Star Milan
	:
Societa'		DOVALUE
Identificativo Informazione Regolamentata	:	195665
Utenza - Referente	:	DOVALUEN06 - Della Seta
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	17 Settembre 2024 18:53:09
Data/Ora Inizio Diffusione	:	17 Settembre 2024 18:53:09
Oggetto	:	Reverse Stock Split
Testo del comunicato

Vedi allegato

REVERSE STOCK SPLIT

Rome, September 17, 2024 - doValue S.p.A. ("doValue" or the "Company", Euronext Milan DOV.MI), leading strategic financial services provider in Southern Europe announces that, pursuant to the resolution adopted by the extraordinary Shareholder's Meeting held on September 11, 2024, will proceed on September 23, 2024, with the reverse stock split of 80,000,000 existing ordinary shares of doValue (ISIN code IT0001044996; coupon no. 6) into 16,000,000 newly issued ordinary shares of doValue (ISIN code IT0005610958, coupon no. 1), having the same characteristics as the previously issued ordinary shares, at a ratio of 1 new ordinary share for every 5 existing ordinary shares (the Reverse Stock Split). Please note that September 20, 2024, will be the last trading day for the shares prior to the reverse stock split.

Upon completion of the Reverse Stock Split, the nominal share capital will remain unchanged and therefore equal to €41,280,000.

The reverse stock split will be carried out in accordance with the applicable regulation by Monte Titoli S.p.A. (leal name of Euronext Securities Milan) based on the balances of the accounting day of September 24, 2024 (the so-called "record date") through depository intermediaries.

In order to facilitate the Reverse Stock Split process and the management of any fractional shares that may result, doValue has appointed Equita SIM S.p.A. to act as a counterparty from September 25, 2024, to September 29, 2024, at the request of the interested depositary intermediaries, for the purchase or sale of fractions of the new consolidated shares that are missing or in excess of the minimum number required to allow shareholders to hold a whole number of shares.

Such share fractions will be liquidated, free of any additional charge, stamp duty or commission, based on the official prices of doValue ordinary shares on September 20, 2024 (i.e., the last trading day for the shares prior to the Reverse Stock Split); this price will be communicated to Monte Titoli S.p.A. and the depositary intermediaries on September 23, 2024.

Equita SIM S.p.A. will furthermore be at the disposal of the depository intermediaries, upon their request, to ensure, in accordance with procedures outlined by Monte Titoli S.p.A., that holders of fewer than five existing shares may, upon application, receive one new share. Such allotment will be subject to the payment of the proportionate value previously determined.

***

doValue Group is a European financial services provider offering innovative products along the entire credit lifecycle, from origination to recovery. With more than 20 years of experience and approximately 116 billion gross assets under management (Gross Book Value) as of 31 December 2023, it operates in Italy, Spain, Greece and Cyprus. doValue Group contributes to economic growth by fostering sustainable development of the financial system and offers an integrated range of credit management services: servicing of Non-Performing Loans (NPL), Unlikely To Pay (UTP), Early Arrears, Performing Loans, Master Legal, Due Diligence, financial data processing and Master Servicing activities. doValue's shares are listed on Euronext STAR Milan (EXM) and, in 2023, the Group reported Gross Revenue of €486 million and EBITDA excluding non-recurring items of €179 million.

Contacts

Image Building doValue

Media Relations Investor Relations Raffaella Casula (+39 348 306 7877) Daniele Della Seta (+39 06 4797 9184) Francesca Alberio, Matilde Tagliavini (+39 02 89011300) investorrelations@dovalue.it dovalue@imagebuilding.it