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Racing Force — Capital/Financing Update 2022
Jul 28, 2022
4067_rns_2022-07-28_ca26b00b-6e56-4dda-82be-5d01f7f83fb1.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 20233-42-2022 |
Data/Ora Ricezione 28 Luglio 2022 08:34:48 |
Euronext Growth Milan | |
|---|---|---|---|
| Societa' | : | RACING FORCE | |
| Identificativo Informazione Regolamentata |
: | 165375 | |
| Nome utilizzatore | : | ROBERTO | RACINGFORCENSS01 - FERROGGIARO |
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 28 Luglio 2022 08:34:48 | |
| Data/Ora Inizio Diffusione presunta |
: | 28 Luglio 2022 08:34:49 | |
| Oggetto | : | LISTING, LISTING IN FRANCE ON EURONEXT GROWTH PARIS |
RACING FORCE TOWARDS THE DUAL |
| Testo del comunicato |
Vedi allegato.
1
PRESS RELEASE
NOT INTENDED FOR DISTRIBUTION, COMMUNICATION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION, COMMUNICATION, OR PUBLICATION IS NOT PERMITTED UNDER APPLICABLE LAWS IN THOSE COUNTRIES
RACING FORCE TOWARDS THE DUAL LISTING, LISTING IN FRANCE ON EURONEXT GROWTH PARIS
Ronco Scrivia (GE), 28 July 2022 - Racing Force S.p.A., parent company of Racing Force Group ("Racing Force" or the "Company"), a world leader in the motorsport safety equipment sector, listed on the Euronext Growth Milan market, announces that the Board of Directors, which met yesterday, resolved to initiate the necessary procedures to assess the project for admission to trading of its shares - as dual listing - also on the Euronext Growth Paris market, organised and managed by Euronext Paris.
"Racing Force is a company that was born in Italy and has developed all over the world - commented Paolo Delprato, President and CEO of Racing Force Group - We sell our products in 80 countries, our offices are spread over 3 continents, and we manage a very wide and extremely international network of stakeholders. Furthermore, the FIA, the regulatory body of the motorsport sector, is based in Paris, a city to which we are particularly attached. This is why, almost a year after listing on the Italian market, we also want to evaluate the opportunity to offer our shares on the French market. The dual listing will grant us even greater visibility and prestige at an international level and will enable us to accelerate the Group's future development plans."
As the shares of the Company are already traded on Euronext Growth Milan - i.e. a market which, according to the Euronext Growth Markets Rule Book, the regulation applicable to the Euronext Growth Paris market (the "Euronext Regulation"), falls within the so called "Eligible Markets" - the Company may avail itself of the direct admission procedure provided for by Chapter 3.1.1 (iii) of the Euronext Regulation.
Racing Force will be assisted by Emintad Italy as financial advisor, and by the French company TP ICAP Midcap which will act as Listing Sponsor advisor of the operation. The law firm LCA Studio Legale will take care of the legal aspects, while the communication activities will be handled by Barabino & Partners.
The dual listing project is subject to approval by the Company's competent corporate bodies, which will be convened in the forthcoming period to approve the project, its terms, timing, and structure.
For the purposes thereof, in the meeting held yesterday, the board of directors resolved to convene the shareholders' meeting.
PRESS RELEASE
Racing Force Group
Racing Force is the leading motorsports safety products group with the most advanced and comprehensive range of protection and performance products used worldwide by top professionals, amateur athletes, race teams and car manufacturers with products sold under brands such as Bell Helmets, OMP, Zeronoise and Racing Spirit. The group is based in 3 different continents: Ronco Scrivia (headquarters) and Pisa in Italy, Sakhir in Bahrain, and Miami in the USA. Today, products under the Group's brands are present in all world championships of car and kart racing. More information on Racing Force Group can be found at www.racingforce.com, as well as on the www.ompracing.com, www.bellracing.com and www.racingspirit.com
CONTACT FOR RACING FORCE
BARABINO & PARTNERS RACING FORCE
STEFANIA BASSI E-MAIL: S.BASSI@BARABINO.IT MOB: +39 335 6282667
GIUSEPPE FRESA E-MAIL: G.FRESA@BARABINO.IT MOB: +39 348 5703197
INVESTOR RELATIONS ROBERTO FERROGGIARO E-MAIL: IR@RACINGFORCE.COM
MEDIA LUIGI ROSSI PAOLO BERTUCCIO E-MAIL: [email protected]
3
PRESS RELEASE
Disclaimer
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO THE PUBLIC OF FINANCIAL PRODUCTS IN ITALY WITHIN THE MEANING OF ARTICLE 1, PARAGRAPH 1, LETTER T), OF LEGISLATIVE DECREE NO. 58 OF 24 FEBRUARY 1998. THIS PRESS RELEASE (INCLUDING THE INFORMATION CONTAINED HEREIN) DOES NOT CONSTITUTE OR FORM PART OF AN OFFER TO THE PUBLIC OF FINANCIAL PRODUCTS OR A SOLICITATION OF OFFERS TO PURCHASE FINANCIAL PRODUCTS AND NO OFFER TO SELL SUCH PRODUCTS WILL BE MADE IN ANY JURISDICTION WHERE SUCH OFFER OR SALE WOULD BE CONTRARY TO APPLICABLE LAW. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL FINANCIAL PRODUCTS IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA AND JAPAN AND ANY OTHER JURISDICTION WHERE SUCH OFFER OR SALE IS PROHIBITED AND MAY NOT BE PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN SUCH JURISDICTIONS. THE FINANCIAL PRODUCTS REFERRED TO IN THIS ANNOUNCEMENT HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SUCH PRODUCTS MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OF AMERICA ABSENT REGISTRATION OR AN EXEMPTION FROM THE APPLICATION OF THE REGISTRATION REQUIREMENTS. THE DOCUMENTATION RELATING TO THE OFFER FOR THE PURPOSE OF LISTING THE SHARES ON AIM ITALIA HAS NOT BEEN/WILL NOT BE SUBMITTED FOR APPROVAL TO CONSOB AND BORSA ITALIANA S.P.A.