Energy SpA - Major Shareholding Notification 2023

Informazione Regolamentata n. 20263-38-2023		Data/Ora Inizio Diffusione 27 Giugno 2023 16:36:05
Societa'	:	ENERGY S.p.A.
Identificativo Informazione Regolamentata	:	178693
Nome utilizzatore	:	ENERGYN01 - Tinazzi
Tipologia	:	REGEM; 2.3
Data/Ora Ricezione	:	27 Giugno 2023 16:36:00
Data/Ora Inizio Diffusione	:	27 Giugno 2023 16:36:05
Oggetto	:	Substantial change of significant shareholders
Testo del comunicato

Vedi allegato.

PRESS RELEASE – ENERGY S.P.A.

Disclosure under the transparency regulations: substantial change of significant shareholders

S. Angelo di Piove di Sacco (PD), June 27, 2023 - Energy S.p.A. (the "Company" or "Energy"), announces, pursuant to the rules on transparency and Article 17 of the Euronext Growth Milan Issuers' Regulation, that has received from the shareholder Davide Tinazzi and the shareholder Andrea Taffurelli, the notice of a substantial change in the shareholding, in relation to the reduction below the materiality threshold of 20%, following the sale of the entire stake held by them in the Company.

Specifically, on June 22, 2023 Davide Tinazzi transferred his entire stake held in Energy S.p.A., amounting to 12,303,326 shares (of witch n. 10,403,534 ordinary shares and n. 1,899,792 Price Adjustment Shares – PAS), representing 20.01% of the share capital, to the newly-established Elmagi S.r.l., a holding company fully-owned by Davide Tinazzi, who is also its Sole Director.

Andrea Taffurelli, on the same day, transferred his entire stake held in Energy S.p.A., amounting to 12,304,362 shares (of witch n. 10,404,570 ordinary shares and n. 1,899,792 Price Adjustment Shares – PAS), representing 20.01% of the share capital of Energy S.p.A., to the newly-established Freman Holding S.r.l., a holding company fully-owned by Andrea Taffurelli, who is also its Sole Director.

It is noted that Elmagi S.r.l and Freman Holding S.r.l sent the same communication to the Company, and became the owners, as a result of the above-described contribution, of 20.01% each of the Company's share capital.

In light of the above, the shareholding structure of Energy S.p.A. as of today is composed as follows:

Shareholder	Number of Ordinary Shares	No. PAS*	Total Shares	% of share capital
Elmagi S.r.l.**	10,403,534	1,899,792	12,303,326	20.01%
Freman Holding S.r.l.***	10,404,570	1,899,792	12,304,362	20.01%

Sun Hongwu	10,270,638	1,896,000	12,166,638	19.79%
Euroguarco S.p.A.	10,278,222	1,888,416	12,166,638	19.79%
RPS S.p.A.	4,166,500	-	4,166,500	6.78%
Market ****	8,384,462	-	8,384,462	13.64%

Total	53,907,926	7,584,000	61,491,926	100.00%

* not admitted to trading

**** the free float with respect to the 53,907,926 Shares admitted to trading on the Euronext Growth Milan is 15.55%

Energy will update the shareholding at the Commercial Registry within the terms of the law.

This press release is available on Energy S.p.A.'s website at www.energysynt.com, Investor Relations/Press Releases section and on .

***

Energy S.p.A, founded in 2013 by Davide Tinazzi, Andrea Taffurelli and Massimiliano Ghirlanda and listed since August 1, 2022 on the Euronext Growth Milan market of the Italian Stock Exchange, is headquartered in the province of Padua (Italy) and is an energy storage systems for both residential and large-scale applications sector leader. Our systems allow energy to be stored and released according to customers' energy needs. Energy has to date sold and installed more than 53,000 systems across the country, with a focus on the residential, commercial, industrial, Utilities and electric mobility markets. The biggest projects executed include the large-scale plant in Comiso (Sicily), consisting of an agrivoltaic plant and a photovoltaic field, the large-scale plant at the CAAB Centre in Bologna, the Smart Grids at numerous municipalities in Sardinia and Lombardy and a Condominium Energy Community in Switzerland where individual hubs exchange energy as needed. Energy's sales channels include both general electrical distributors and PV specialists, while the company also works with large European EPCs. The proximity of Energy's logistics to the headquarters of major distributors has allowed the company to establish strong partnerships with the Italian and European market players. The company purchases components from major international suppliers and combines them with its "Zero Co2" proprietary software to build EU standard compliant systems. Sales revenues of Euro 126.5 million are reported for 2022.www.energysynt.com

Contacts:

Energy S.p.A. STIFEL EUROPE BANK AG TWIN Srl Tel. +39 049 2701296 Tel. +39 02 85465774 Mara Di Giorgio [email protected] [email protected] Tel. +39 335 7737417

Company Euronext Growth Advisor IR Advisor | Corporate Media Relations

[email protected]

^** Company owned by Davide Tinazzi, Chief Executive Officer of Energy S.p.A

^*** Company owned by Andrea Taffurelli, Senior Director of Energy S.p.A