Luve

Share Issue/Capital Change • Mar 23, 2021

Informazione Regolamentata n. 20073-7-2021		Data/Ora Ricezione 23 Marzo 2021 00:18:46	MTA
Societa'	:	LU-VE S.p.A.
Identificativo Informazione Regolamentata	:	143991
Nome utilizzatore	:	LUVEN04 - Silva
Tipologia	:	2.2
Data/Ora Ricezione	:	23 Marzo 2021 00:18:46
Data/Ora Inizio Diffusione presunta	:	23 Marzo 2021 06:45:03
Oggetto	:	Finami S.p.A. and G4 S.r.l.: completion of placementt of LU-VE's shares through ABB
Testo del comunicato

Vedi allegato.

This press release and any information contained herein shall not be published, distributed or transmitted, directly or indirectly, in the United States, Canada, Australia, South Africa or Japan or in any other jurisdiction where such an announcement would be unlawful.

Finami S.p.A. and G4 S.r.l. jointly placed 1,334,000 LU-VE S.p.A.'s ordinary shares at a price of Euro 13.70 per share

Milan, March 23rd , 2021

Following the press released published on the 22nd March 2021, Finami S.p.A. ("Finami") and G4 S.r.l. ("G4" and, together with Finami, the "Shareholders") announce the successful joint completion of the placement of no. 1,334,000 ordinary shares of LU-VE S.p.A. ("LU-VE" or the "Company") corresponding to 6.0% of the Company share capital, at a price of Euro 13.70 per share for a total consideration of Euro 18,275,800 (the "Transaction").

In particular, Finami sold no. 987,160 shares (corresponding to approximately 4.44% of the Company's share capital) for a total consideration of about Euro 13.5 million and G4 sold no. 346,840 shares (corresponding to approximately 1.56% of the Company's share capital), for a total consideration of about Euro 4.7 million.

As a result of the Transaction, Finami currently holds no. 10,187,999 shares of LU-VE, equal to 45.82% of the Company's share capital, corresponding to approximately 56% of the voting rights exercisable at Shareholders' meeting. Therefore, Finami continues to remain the direct controlling shareholder of LU-VE.

The placement was carried out through an accelerated bookbuilding offering to both qualified investors in Italy and abroad institutional investors. The Transaction will be settled by delivery of shares and payment of the consideration on March 25th , 2021.

The Transaction increased the free float of the Company and the liquidity of LU-VE's ordinary share in the market, one of the conditions that could then allow LU-VE to evaluate the possible transition to the STAR segment.

Intermonte acted as Sole Bookrunner for the placement.

As part of the transaction and in line with market practice for placements of this kind, the Shareholders have agreed to a 180 days lock-up period.

For additional information, please refer to the press release published for the launch of this placement.

The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change. It may be unlawful to distribute this announcement in certain jurisdictions. These written materials are not for distribution in the United States, Canada, Australia, South Africa or Japan or in any other jurisdiction where to do so would be unlawful. This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities. The offer and sale of the securities referred to in this announcement has not been, nor will it be, registered under the United States Securities Act of 1933 and the securities may not be offered or sold in the United States absent such registration or an applicable exemption from registration. There will be no public offering of the securities in the United States in connection with this transaction, nor will there be any offer to the public in Italy since the accelerated bookbuilt offering is exclusively reserved to "Qualified Investors" (as defined in Consob Regulation n. 11971 of 14 May 1999, as subsequently amended).