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Ferretti Group — M&A Activity 2026
Apr 14, 2026
6296_rns_2026-04-13_d56bbdff-5032-4b8c-ad9c-5bce712701a2.pdf
M&A Activity
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of KKCG Maritime or the Issuer.
This announcement is not for release, dissemination, publication or distribution, in whole or in part, directly or indirectly in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

KKCG
Maritime
AZÚR A.S.
(incorporated under the laws of the Czech Republic)
VOLUNTARY CONDITIONAL PARTIAL PUBLIC TENDER OFFER LAUNCHED BY KKCG MARITIME TO ACQUIRE UP TO 52,132,861 SHARES OF FERRETTI S.P.A. (STOCK CODE: 09638.HK; EXM: YACHT), REPRESENTING 15.4% OF THE ISSUER'S SHARE CAPITAL
NOTICE ON THE PRELIMINARY RESULTS OF THE OFFER
Financial advisers to the Offeror
UniCredit
SOMERLEY
Prague, 13 April 2026 – Reference is made to: (i) the offer document published by KKCG Maritime dated 2 March 2026 in respect of the voluntary conditional partial public tender offer by KKCG Maritime to acquire up to 52,132,861 shares of Ferretti, representing 15.4% of Ferretti's subscribed and paid-in share capital (i.e., the Offer) (the "Original Offer Document"); and (ii) the offer document supplement published by KKCG Maritime dated 26 March 2026 (together with the Original Offer Document, the "Offer Document"). Unless the context requires otherwise, capitalised terms used in this announcement shall have the same meanings given to them in the Offer Document.
CLOSE OF THE OFFER
KKCG Maritime announces that the Acceptance Period of the Offer closed at 5:30 p.m. (CET) (11:30 p.m. (HKT)) today, 13 April 2026.
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OFFER UNCONDITIONAL IN ALL RESPECTS
As stated in the Offer Document, the Offer is subject to the fulfilment (or, if capable of being waived, waiver) of the Conditions. KKCG Maritime announces that Condition (iv) has been fulfilled as of the date of this announcement. All of the other Conditions have also been fulfilled. Accordingly, the Offer is unconditional in all respects as at the date of this announcement.
PRELIMINARY RESULTS OF THE OFFER
Based on the provisional results communicated by Equita SIM S.p.A., acting as the Intermediary Responsible for Coordinating the Collection of Acceptances¹, as of 5:30pm (CET) (11:30 p.m. (HKT)) on Monday, 13 April 2026, the Offeror had received valid acceptances of the Offer during the Acceptance Period in respect of a total of 29,611,598 Shares, representing approximately 8.748335% of the Shares in issue as of the date of this announcement and approximately 56.800255% of the Maximum Number.
Since the number of Shares tendered to the Offer does not exceed 52,132,861 (i.e., the Maximum Number), KKCG Maritime will purchase all the Shares tendered into the Offer, for an aggregate consideration of Euro 115,485,232.20, without carrying out the allocation procedure described in Section J of the Original Offer Document.
The final results of the Offer will be announced in the Notice on the Final Results of the Offer, which shall be published by KKCG Maritime by 7:29 a.m. (CET) (1:29 p.m. (HKT)) on the Trading Day preceding the Payment Date, i.e., 17 April 2026, pursuant to Article 41, paragraph 6, of the Issuer's Regulation.
SETTLEMENT OF THE OFFER
On the Payment Date (i.e., 20 April 2026), the Revised Consideration, equal to Euro 3.90 (cum dividend) for each Share tendered to the Offer and taken up by KKCG Maritime, will be paid to Adherents and the relevant Shares will be transferred to a securities deposit account in the name of KKCG Maritime.
1 In accordance with normal practice in Italy, there will be two announcements about the results of the Offer, i.e., the Notice of the Preliminary Results of the Offer, which is published shortly after the closing of the Acceptance Period based on acceptance information relayed to the Intermediary Responsible for Coordinating the Collection of the Acceptances by Appointed Intermediaries during the Acceptance Period, and the Notice of the Final Results of the Offer, which is published after all acceptances have been fully reconciled and verified by the Intermediary Responsible for Coordinating the Collection of the Acceptances. KKCG Maritime has applied for, and the Executive has granted, a waiver from strict compliance with Rule 19.1 of the HK Takeovers Code such that it may publish the Notice on the Preliminary Results of the Offer and the Notice on the Final Results of the Offer in accordance with applicable requirements in Italy rather than publishing a single closing announcement pursuant to Rule 19.1 of the HK Takeovers Code and as to the timing of such announcements.
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INTERESTS IN SHARES
On the basis of the provisional results of the Offer (if confirmed), and also taking into account the 49,030,027 Shares held by KKCG Maritime immediately before the Date of the Offeror's Notice, KKCG Maritime will come to hold a total of 78,641,625 Shares (representing 23.248335% of the Issuer's subscribed and paid-in share capital as of the date of this announcement) on settlement of the Offer.
Immediately before the Date of the Offeror's Notice: (i) KKCG Maritime held, directly, 49,030,027 Shares (representing 14.5% of the Issuer's subscribed and paid-in share capital); (ii) Mrs. Katarína Kohlmayer, who is considered or presumed to be a person acting in concert with KKCG Maritime pursuant to Article 101-bis, paragraph 4-bis, let. d) of the CFA and the HK Takeovers Code, owned 43,426 Shares (representing 0.01% of the Issuer's subscribed and paid-in share capital); and (iii) save as set out in (i) and (ii), neither KKCG Maritime nor any Parties Acting in Concert with it held or had control or direction over any Shares or rights over Shares.
During the period commencing on the Date of the Offeror's Notice and ending on the date of this announcement, neither KKCG Maritime nor any Parties Acting in Concert with it: (i) has acquired or agreed to acquire any Shares or rights over Shares, save for the Shares in respect of which valid acceptances of the Offer have been received and taken up by KKCG Maritime as set out above; or (ii) has borrowed or lent any relevant securities (as defined in Note 4 to Rule 22 of the HK Takeovers Code) of the Issuer, save for any borrowed Shares which have been either on-lent or sold.
STATEMENT BY KKCG MARITIME
KKCG Maritime welcomes the high level of acceptances received under the Offer, reflecting robust support from Ferretti Shareholders. This positive outcome reinforces both the attractiveness of the Offer and KKCG Maritime's strategic plans for Ferretti. KKCG Maritime looks forward to supporting Ferretti's continued development and long-term value creation as it prepares to announce its slate of board nominees in advance of the upcoming annual general meeting of Ferretti.
On behalf of
Azúr a.s.
Michal Tománek
Chairman of the Board
Kamil Zeman
Member of the Board
Prague, 13 April 2026
As of the date of this announcement, the board of directors of KKCG Maritime comprises Mr. Michal Tománek and Mr. Kamil Zeman.
As of the date of this announcement, the board of directors of KKCG Group AG comprises Mr. Karel Komárek, Mr. Jiří Radoch, Mr. Pavel Šaroch, Mrs. Katarína Kohlmayer, Mr. David Koláček, Mr. Paul Schmid, Mr. Josef Bartoš and Mrs. Alena Bastis.
The directors of KKCG Maritime and KKCG Group AG jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.
In the event of any inconsistency between the Italian/English text and the Chinese text of this announcement, the Italian/English text will prevail.
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