Prima Industrie — M&A Activity 2022

Nov 18, 2022

BORSA ITALIANA - STAR segment

PRESS RELEASE

(issued pursuant to Article 114 of Legislative Decree 58/1998 and to Article 17 of the EU Regulation no. 596/2014 of the European Parliament and of the European Council dated as of 16 April 2014 in materia di abusi di mercato (s.c. "Market Abuse Regulation") on behalf of Femto Technologies S.p.A.)

Obtainment of the authorization by the UK Secretary of State for Business, Energy and Industrial Strategy for the acquisition by Femto Technologies

Closing of the transaction set for 6 December 2022

Following the Closing, a mandatory totalitarian tender offer will be launched on Prima Industrie shares at a price of Euro 25.00 per share

* * * * *

November 18, 2022 – Further to the press release published on 18 August 2022, 10 October 2022, 24 October 2022 and 31 October 2022, Femto Technologies announces that:

• with communication notified on the date hereof, the UK Secretary of State for Business, Energy and Industrial Strategy has authorized the acquisition of a control shareholding by Femto Technologies in the share capital of Prima Industrie;
• all the Conditions Precedent to the Closing have now been satisfied; therefore, the Closing is currently expected on December 6, 2022.

It is reminded that, following the Closing, Femto Technologies shall be required to launch a public tender offer on all the remaining Prima Industrie shares at the price of Euro 25.00 for each share (corresponding to the price per share provided for in the Sale and Purchase Agreements). Additional information regarding the offer shall be made public in accordance with law.

Unless otherwise defined in this press release, capitalised terms have the same meaning ascribed to them in the press release published on 18 August 2022.

* * * * *

PRIMA INDUSTRIE heads a Group leader worldwide in developing, manufacturing and marketing of laser systems for industrial applications, sheet metal processing machinery as well as industrial electronics, laser sources and solution for additive manufacturing.

The parent company Prima Industrie S.p.A. is listed on the Italian Stock Exchange since 1999 (MTA- STAR segment).

With over 40 years of experience, the Group has an installed base of about 14,000 machines in more than 80 countries and is positioned among the main worldwide manufacturers within its own reference market.

The Group has about 1,700 employees, manufacturing sites in Italy, Finland, USA and China and a direct commercial and after-sale presence worldwide.

Prima Industrie Group is structured on four Business Units:

Prima Power – development, production and marketing of laser and sheet metal processing (2D and 3D laser machines, laser drilling systems, punching and combined systems, bending and paneling systems);

Prima Electro – development, production and marketing of embedded electronics for industrial applications;

Convergent Photonics – development and production of diodes and laser sources, both industrial and medical;

Prima Additive – development, production and marketing of additive manufacturing solutions with Powder Bed Fusion and Laser Metal Deposition technologies.

For further information:

PRIMA INDUSTRIE S.p.A.	STUDIO MAILANDER
Chiara Roncolini	Carlo Dotta
Investor Relator	Ufficio Stampa
tel. 011 4103204	tel. 011 5527311 mob. 333 2306748
ir@primaindustrie.com	c.dotta@mailander.it