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Growens Major Shareholding Notification 2018

Dec 20, 2018

4457_mrq_2018-12-20_23b9aede-b68a-4245-9c63-dd2ba6ebe2b4.pdf

Major Shareholding Notification

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Informazione
Regolamentata n.
20054-65-2018
Data/Ora Ricezione
20 Dicembre 2018
11:59:32
AIM -Italia/Mercato
Alternativo del Capitale
Societa' : MailUp S.p.A.
Identificativo
Informazione
Regolamentata
: 112166
Nome utilizzatore : MAILUPN02 - Capelli
Tipologia : 2.2
Data/Ora Ricezione : 20 Dicembre 2018 11:59:32
Data/Ora Inizio
Diffusione presunta
: 20 Dicembre 2018 12:15:09
Oggetto : MailUp's main relevantshareholders
entered a shareholders' agreement
Testo del comunicato

Milan, December 20, 2018 – MailUp S.p.A. (the "Company" or the "Issuer" or "MailUp"), a company admitted to trading on the multilateral trading facility AIM Italia / Alternative Investment Market and operating in the marketing technology field, hereby announces that they received the notice from their relevant shareholders Messrs Matteo Monfredini, Nazzareno Gorni, Luca Azzali, Matteo Bettoni and Alberto Miscia – who together own a total shareholding in the Company of n. 8,128,640 ordinary shares, no nominal value, representing 54.44% of its share capital – that they entered a shareholders' agreement regarding a total shareholding in the Company of n. 7,480,514 ordinary shares representing 50.10% of its share capital, in equal measure.

PRESS RELEASE

MailUp's main relevant shareholders entered a shareholders' agreement

Milan, December 20, 2018 – MailUp S.p.A. (the "Company" or the "Issuer" or "MailUp"), a company admitted to trading on the multilateral trading facility AIM Italia / Alternative Investment Market and operating in the marketing technology field, hereby announces that they received the notice from their relevant shareholders Messrs Matteo Monfredini, Nazzareno Gorni, Luca Azzali, Matteo Bettoni and Alberto Miscia – who together own a total shareholding in the Company of n. 8,128,640 ordinary shares, no nominal value, representing 54.44% of its share capital – that they entered a shareholders' agreement regarding a total shareholding in the Company of n. 7,480,514 ordinary shares representing 50.10% of its share capital, in equal measure.

The shareholders' agreement includes usual provisions for similar agreements, and specifically:

  • i. A provision for prior consultation on specific matters relevant for the shareholders' meetings, with the undertaking to vote according to the majority of the consultation meeting, or – in case of lack of such majority – autonomously and independently;
  • ii. A lock-up on the shareholding they respectively contributed to the shareholders' agreement for the duration of the agreement, as well as limitations to their collateralisation;
  • iii. A three-year duration, except anticipated termination in case of breach of the undertakings or a reduction of the number of shares contributed to the shareholders' agreement below the threshold of 45% of the Company share capital;
  • iv. Some cash penalty in case of breach of the undertakings thereof.

● ● ● ●

This press release is online on and on the Issuer website www.mailupgroup.com (News/Press Releases section).

● ● ● ●

MailUp Group (MAIL) is a vertically integrated player in the field of cloud marketing technologies. Its growing suite of data-driven solutions allows SMEs and large corporations globally to master the evolving ways of communicating with customers. Starting from parent company MailUp, the group boasts a steady growth path both organically and through acquisitions: Acumbamail (Spanish and LatAm markets), Globase (Nordics market), Agile Telecom (wholesale SMS market) and Datatrics (artificial intelligence). The brand portfolio is completed by BEE, an email editor launched in 2017 as a complementary business line, already covering thousands of customers worldwide. Today, MailUp Group is a leading European player in the field of marketing technologies, serving 20,700+ customers in 100+ countries.

The company is admitted to trading on the AIM Italia market managed by the Italian Stock Exchange, with a free float of ca. 32%.

ISIN IT0005040354 - Reuters: MAIL.MI - Bloomberg: MAIL IM

For further information please contact:

Micaela Cristina Capelli – Investor Relator MailUp Group

+39 02 71040485

[email protected]

www.mailupgroup.com

Nomad

Paolo Verna - EnVent Capital Markets Ltd. 42 Berkeley Square - London W1J 5AW +44 755 7879200

[email protected]