Racing Force — Share Issue/Capital Change 2023

Jan 13, 2023

Informazione Regolamentata n. 20233-8-2023		Data/Ora Ricezione 13 Gennaio 2023 17:03:47	Euronext Growth Milan
Societa'	:	RACING FORCE
Identificativo Informazione Regolamentata	:	171461
Nome utilizzatore	:	RACINGFORCENSS01 - FERROGGIARO ROBERTO
Tipologia	:	2.5
Data/Ora Ricezione	:	13 Gennaio 2023 17:03:47
Data/Ora Inizio Diffusione presunta	:	13 Gennaio 2023 17:03:49
Oggetto	:	Notice of change in share capital
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Racing Force: notice of change in share capital

Ronco Scrivia (GE), January 13th, 2023 - Racing Force S.p.A., parent company of Racing Force Group, a world leader in motorsport safety systems (RFG), announces the new composition of the Company's share capital, following the closing of an accelerated bookbuilding transaction implemented through the execution of the capital increase approved by the Board of Directors on January 11th 2023, referred to in previous press releases of January 11th, 2023.

The subscription price was fixed at EUR 5.15 per share, of which EUR 5.05 as share premium.

As a result of the placement of 1,941,748 new ordinary shares of the Company, having the same characteristics as the outstanding shares, for a total consideration of 10,000,002 euros, RFG's new subscribed and paid-up share capital is equal to o 2,569,919.80 euros and is represented by 25,699,198 ordinary shares.

The certificate of capital increase pursuant to Article 2444 of the Italian Civil Code and the updated bylaws were filed with the Genoa Companies Register today.

		Current share capital	Previous share capital
	€	# Shares	€	# Shares
Total	2.569.919,80	25.699.198	2.375.745	23.757.450
Of which Ordinary Shares (with regular entitlement, ISIN code EN 0005466963)	2.569.919,80	25.699.198	2.375.745	23.757.450

RFG's share capital is currently made up of ordinary shares only.

The Company reports that from the latest information in its possession, as displayed on the Company's website www.racingforce.com in the " Investor-Relations/Shareholders' Information" section, Racing Force's shareholding structure is as follows:

Shareholder	Number of shares	% of share capital
SAYE S.p.A.	13.544.395	52,7%
GMP Investments Holding Limited	1.283.870	5,0%
Market	10.870.933	42,3%
TOTAL	25.699.198	100%

Racing Force Group is one of the world leaders in motorsports safety equipment and has a wide range of products from helmets, suits, gloves and shoes, to seats, seat belts, roll bars, steering wheels, fire extinguishers and communication systems. All of the Group's products are marketed under the brands OMP, Bell Helmets, ZeroNoise, and Racing Spirit. The Group has the best and most comprehensive range of motorsport safety products used by professional drivers and teams around the world, from F1 to World Rally, Karting and Rally-Raid Championships. In the past 5 years, the Group has won 37 FIA world titles with its products. Racing Force Group's 50 years of experience in the market have enabled it to establish long-standing relationships with major players (drivers, teams, FIA) and to develop products considered among the most reliable by both professional and amateur drivers and teams. Racing Force Group is based on 3 continents: Ronco Scrivia and Pisa in Italy, Ghislenghien (Belgium), Sakhir (Kingdom of Bahrain), Miami, Indianapolis and Mooresville (USA) and has 500 employees. Racing Force products are sold in 80 countries worldwide.

CONTACTS 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, Jacopo Rubino E-mail: media@racingforce.com