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Misitano & Stracuzzi S.p.A.
Share Issue/Capital Change • Aug 27, 2024
6592_rns_2024-08-27_ffffa5e8-c8b4-4ad6-9240-a08b3970db60.pdf
Share Issue/Capital Change
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NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR ANY COUNTRY WHERE IT IS UNLAWFUL TO DO SO
Press Release
FINAL COMMUNICATION DURING THE STABILIZATION PERIOD pursuant to Article 6, paragraph 2 of the Delegated Regulation (EU) 2016/1052 of March 8, 2016
Messina (ME), Italy – 27th August 2024 - Misitano & Stracuzzi S.p.A., one of the main Italian business to business (B2B) operator active at international level in the creation, production and marketing of citrus essential oils mainly of natural origin and to a lesser extent in the production of citrus juice ("M&S or the "Company"), based on the information communicated by Intermonte SIM S.p.A. as the entity appointed to carry out stabilization activities in relation to the offer of ordinary shares of M&S, it is hereby announced that during the period from August 2, 2024, to August 27, 2024, Intermonte SIM S.p.A. carried out the following stabilization transactions with respect to the aforementioned financial instruments:
| Financial instruments subject to stabilization (amounts expressed in Euro): ordinary shares of Misitano & Stracuzzi S.p.A. (ISIN IT0005603078) |
||||||||
|---|---|---|---|---|---|---|---|---|
| Execution date of the purchase and sale transactions |
Purchases | Sales | ||||||
| M/O (*) |
Quantity | Value | Price | M/O (*) |
Quantity | Value | Price | |
| 02/08/2024 | M | 6,000 | 17,520 | 2.9200 | ||||
| 05/08/2024 | M | 1,000 | 2,840 | 2.8400 | ||||
| 06/08/2024 | M | 5,000 | 14,179 | 2.8359 | ||||
| 07/08/2024 | M | 7,200 | 20,349 | 2.8263 | ||||
| 08/08/2024 | M | 7,500 | 21,152 | 2.8202 | ||||
| 09/08/2024 | M | 8,900 | 25,197 | 2.8312 | ||||
| 12/08/2024 | M | 5,900 | 16,454 | 2.7889 | ||||
| 13/08/2024 | M | 10,000 | 26,761 | 2.6761 | ||||
| 14/08/2024 | M | 4,000 | 10,614 | 2.6534 | ||||
| 16/08/2024 | M | 3,000 | 8,334 | 2.7781 | ||||
| 19/08/2024 | M | 11,583 | 31,764 | 2.7423 | ||||
| 20/08/2024 | M | 11,304 | 31,040 | 2.7459 | ||||
| 21/08/2024 | M | 4,274 | 11,755 | 2.7503 | ||||
| 22/08/2024 | M | 4,176 | 11,649 | 2.7895 | ||||
| 23/08/2024 | M | 3,462 | 9,646 | 2.7862 | ||||
| 26/08/2024 | M | 900 | 2,511 | 2.7900 | ||||
| 27/08/2024 | M | 4,801 | 13,480 | 2.8077 | ||||
| Total | 99,000 | 275,244 | ||||||
| (*) M: Euronext Growth Milan; OTC: Over-the-counter |
Misitano & Stracuzzi S.p.a. Citrus Products Via Ghibellina, 64 – 98122 Messina (Italy) Company with Sole Shareholder Share capital € 1.277.550,00 fully paid up Messina Business Register Tax ID and VAT 00170700835
Tel.: + 39 090 2922571 Email: [email protected] Website: misitanoestracuzzi.com
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This press release is available in the "Investor Relations" section of the website www.misitanoestracuzzi.com. Please note that, for the dissemination of regulated information, the Company uses the ** circuit managed by Computershare.
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ABOUT MISITANO & STRACUZZI
The Misitano & Stracuzzi Group is one of the main Italian one of the main Italian business to business (B2B) operator active at international level in the creation, production and marketing of citrus essential oils mainly of natural origin and to a lesser extent in the production of citrus juice. The Company purchases citrus essential oils worldwide and produces proprietary solutions tailored to each individual customer's needs. The citrus essential oils are highly appreciated at the international level and are applied in a variety of fields, including food and drink, perfumes and fragrances, cosmetics and aromatherapy.
The products made by the M&S Group are mainly intended for international customers, including large producers of flavours and fragrances and sometimes directly for producers active in food and beverage, personal and home care, aromatherapy, perfumery, cosmetics and pharma.
Today the Company can use two plants based in Sicily, respectively the Furci Siculo (Me) plant and in S. Teresa di Riva (Me), supported by various warehouses located in Italy, Northern Europe and on the west coast of the United States as well as by a dense and structured sales network spread throughout the world also made up of agents who support the relationship with the Group's customers. In December 2016, Misitano & Stracuzzi USA Corp. was established, a company incorporated under US law, wholly owned by Misitano & Stracuzzi S.p.A. M&S USA carries out distribution activities of essential oils and aromatic essences in the United States. The strategic position assumed by the subsidiary represents a key factor in the development of the Group's business.
For the financial year ending 31st December 2023, the Company's Revenues reached 59.0 million Euro, increasing by 42.2% respect to 2022's financial year and a Group net result of 7.1 million Euro.
For further information
Misitano & Stracuzzi Giuseppe Trusso – CFO & IRM [email protected] F +39 (0)90 2922571
Press and Communication Office HEAR-ir Simona D'Agostino [email protected] M +39 335 7729138 Luca Macario [email protected] M +39 335 7478179
Euronext Growth Advisor Intermonte [email protected] F +39 (0)2 771151
Company with Sole Shareholder Share capital € 1.277.550,00 fully paid up Messina Business Register Tax ID and VAT 00170700835
Tel.: + 39 090 2922571 Email: [email protected] Website: misitanoestracuzzi.com