Fila — Share Issue/Capital Change 2023

Dec 20, 2023

Informazione Regolamentata n. 1565-52	Data/Ora Inizio Diffusione 20 Dicembre 2023 17:01:45		Euronext Star Milan
Societa'	:	FILA
Identificativo Informazione Regolamentata	:	184663
Nome utilizzatore	:	Nicoletti
Tipologia	:	REGEM
Data/Ora Ricezione	:	20 Dicembre 2023 17:01:45
Data/Ora Inizio Diffusione	:	20 Dicembre 2023 17:01:45
Oggetto	:	F.I.L.A. S.p.A._PR_DOMS IPO
Testo del comunicato

Vedi allegato

PRESS RELEASE

IPO OF INDIAN SUBSIDIARY DOMS SUCCESSFULLY COMPLETED

Pero, December 20, 2023 – F.I.L.A. – Fabbrica Italiana Lapis ed Affini S.p.A. ("F.I.L.A." or the "Company"), whose ordinary shares (ISIN code IT0004967292) are listed on the Euronext STAR regulated market of the Italian Stock Exchange, following on from that announced on December 7, 2023, announces the successful conclusion of the listing of its Indian subsidiary DOMS Industries Limited ("DOMS") on the National Stock Exchange of India.

DOMS shares were placed at a value of INR 790 (corresponding to approx. Euro 8.64*) per share, which is the maximum of the identified share valuation range.

As part of the listing, F.I.L.A., as the selling shareholder, sold 10,126,582 DOMS shares for total consideration of INR 800 crore (corresponding to approx. Euro 88.0 million*), while still remaining the largest single shareholder of the company post-listing, as it owns 18,561,153 DOMS shares, equivalent to 30.6% of DOMS' share capital.

Finally, the effects of the Indian listing will allow F.I.L.A. to significantly reduce the leverage ratio to support future growth objectives.

*at the exchange rate of INR 91.43/EUR

***

"We are proud to have completed DOMS' listing journey, the success of which is the result of the joint work over the past few years carried out with all our partners. The company can today count on a further strengthened shareholder base, with the entry of new institutional investors," stated Massimo Candela, CEO of F.I.L.A. "FILA, subsequent to the listing, remains the largest single shareholder with 30.6% of the share capital of DOMS, a percentage that sits at the higher end of our expectations. The stock today, after initial trading has risen to over INR 1400 per share, bringing the capitalization to approx. 1bn Euro and the value of our stake to approx. 300mln Euro. Finally, as we have always done since we joined in 2012, we continue to believe strongly in the further development of the company for the benefit of all stakeholders, and the extraordinary performance of the company's first trading day, which closed by registering a progress of +69%, shows the strength and potential of the Indian market".

***

As part of the transaction, JM Financial Limited, BNP Paribas India, ICICI Securities Limited and IIFL Securities Limited acted as Book Running Lead Managers of the DOMS IPO; Link Intime India Private Ltd acted as registrar.

DOMS was assisted by the law firm Khaitan & Co as legal counsel in the listing.

F.I.L.A., as the selling shareholder, was assisted by the law firm Salonia e Associati, by the law firm AZB & Partners for aspects of Indian law, and by the Zucchetti firm for the corporate secretary's office and tax aspects.

* * *

F.I.L.A. (Fabbrica Italiana Lapis ed Affini), founded in Florence in 1920 and managed since 1956 by the Candela family, is a highly consolidated, dynamic and innovative Italian industrial enterprise and continues to grow market share. F.I.L.A. has been listed on EXM – Euronext STAR segment of the Italian Stock Exchange since November 2015. The company, with revenue of Euro 764.6 million in 2022, has grown significantly over the last twenty years and has achieved a series of strategic acquisitions, including the Italian Adica Pongo, the US Dixon Ticonderoga Company and Pacon Group, the German LYRA, the Mexican Lapiceria Mexicana, the English Daler-Rowney Lukas and the French Canson, founded by the Montgolfier family in 1557. F.I.L.A. is an icon of Italian creativity globally through its colouring, drawing, modelling, writing and painting tools, thanks to brands such as Giotto, Tratto, Das, Didò, Pongo, Lyra, Doms, Maimeri, Daler-Rowney, Canson, Princeton, Strathmore and Arches. Since its foundation, F.I.L.A. has chosen to focus on growth through continuous innovation, both in technological and product terms, in order to enable individuals to express their ideas and talent through tools of exceptional quality. In addition, F.I.L.A. and the Group companies work together with the Institutions to support educational and cultural projects which promote creativity and expression among individuals and make culture accessible to all.

F.I.L.A. currently operates through 25 production facilities (of which two in Italy) and 33 subsidiaries across the globe and employs over 11,300.

* * *

For further information:

F.I.L.A. Investor Relations

Cristian Nicoletti - Investor Relations Officer Francesca Cocco - Investor Relations ir@fila.it (+39) 02 38105206

For financial communication:

Community Strategic Communications Advisers Tel. (+39) 02 89404231 fila@communitygroup.it

F.I.L.A Press Office

Cantiere di Comunicazione Eleonora Galli: (+39) 02 87383180 -186 – mob: (+39) 331 9511099 e.galli@cantieredicomunicazione.com Antonella Laudadio: (+39) 02 87383180 -189 a.laudadio@cantieredicomunicazione.com

Fine Comunicato n.1565-52	Numero di Pagine: 5
---------------------------	---------------------