Relatech

M&A Activity • Nov 28, 2024

Informazione Regolamentata n. 20162-189-2024	Data/Ora Inizio Diffusione 28 Novembre 2024 17:37:24		Euronext Growth Milan
Societa'	:	RELATECH
Identificativo Informazione Regolamentata	:	198792
Utenza - Referente	:	RELATECHN02 - MICHELE
Tipologia	:	REGEM
Data/Ora Ricezione	:	28 Novembre 2024 17:37:24
Data/Ora Inizio Diffusione	:	28 Novembre 2024 17:37:24
Oggetto	:	RELATECH: EARLY ACQUISITION OF THE REMAINING 10.33% OF THE SHARE CAPITAL OF EFA AUTOMAZIONE S.P.A.
Testo del comunicato

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PRESS RELEASE

RELATECH: EARLY ACQUISITION OF THE REMAINING 10.33% OF THE SHARE CAPITAL OF EFA AUTOMAZIONE S.P.A.

Milan, 28 November 2024

Relatech S.p.A. ("Relatech" or the "Issuer"), Digital Enabler Solution Know-How (DESK) Company whose shares are listed on the multilateral trading facility Euronext Growth Milan, organised and managed by Borsa Italiana S.p.A, announces that, today, the Company acquired from Mr. Franco Giovanni Andrighetti ("FA") the residual 10.33% interest held by FA in the share capital of EFA Automazione S.p.A., against payment by the Company of a total consideration, fixed and not subject to adjustment, of Euro 4,930,000.00.

The aforementioned acquisition was finalized in execution, and in accordance with the terms and conditions, of an agreement signed, on the same date today, between Relatech and FA, aimed, inter alia, at (i) modifying a previous framework agreement and a previous preliminary share transfer agreement signed between the same parties on December 29, 20211 , (ii) regulating the terms and conditions of the early acquisition of the aforementioned remaining stake by the Company from FA, and (iii) defining FA's role in EFA Automazione S.p.A.

Pasquale Lambardi, president and CEO of Relatech states:

"The anticipated acquisition of the entire share capital of EFA Automazione represents a key strategic step for Relatech. We are the digital partner capable of creating a unique synergy between IT and OT that opens the door to the Future Factory, where innovation becomes the heart of productivity. With advanced technologies such as Digital Twin, Artificial Intelligence and Cybersecurity, we are able to make industrial plants smarter and safer.

Thanks to this partnership, we have strengthened our presence in the Italian industrial sector and launched an important international expansion. A significant example is the distribution agreement for Germany and Austria of Inductive Automation's Ignition SCADA and MES platform from Sepasoft, already a long-standing partner of EFA.

We are excited to continue building together a future where innovation, productivity and safety are at the heart of the industry."

¹ For further details, please refer to the press releases issued on 12/29/2021, 02/18/2022, and 03/29/2023.

Franco Andrighetti, CEO of EFA, commented:

"Reaching this important milestone is a source of great pride and satisfaction for us. I express my deep gratitude to the entire EFA and Relatech team for the extraordinary journey we have taken together. Our 30 years of experience in industry, combined with Relatech's innovative drive, enables us to make a concrete contribution to the digital transformation of enterprises with advanced solutions for the Future Factory.

We are happy to be able to contribute to the evolution of companies through the adoption of digital technologies, helping them to strengthen and compete in an increasingly dynamic and technological market. This new chapter represents a tremendous opportunity to grow and strengthen our role as a benchmark in the industry. We look to the future with enthusiasm and confidence, ready to give our all to realize an ambitious and challenging project."

This press release is online at www,relatech,com (Investor Relations/Press Release section) www,emarketstorage,com,

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Relatech (ticker RLT ISIN IT0005433740), Digital Enabler Solution Know-how (DESK) Company listed on the Euronext Growth Milan market since June 2019, has been active for over twenty years in Digital Enabler frontier technologies, such as Cloud, Cybersecurity, IoT, Big Data, Blockchain, Machine Learning, Relatech is the reference partner for Digital Innovation of companies and leads a group of companies highly specialized in Digital Enabler Technologies united by the common mission of supporting customers in the digital transformation process, Relatech constantly invests in Open Innovation with an intense R&D activity carried out by internal hubs in collaboration with universities and national research centres, Thanks to the RePlatform digital platform and the know-how deriving from the ecosystem of scientific and technological partners, Relatech develops digital services and solutions capable of innovating the business model of its customers, guaranteeing sustainable business growth for all those companies that see in the process of digital innovation the key to current and future success,

Contacts

ISSUER

Relatech S,p,A, - Investor Relations

Michele Santoro | investor@relatech,com | T: +39 02 2404909 | Via Ercole Marelli, 165 - 20099 Sesto San Giovanni (MI)

EGA

Illimity Bank S,p,A,| relatech@illimity,com | T: +39 02 82849699| Via Soperga 9 – 20124 Milano

SPECIALIST

MIT SIM S,p,A, | trading-desk@mitsim,it | T: +39 02 30561 276 | C,so Venezia,16 - 20121 Milano

INVESTOR & MEDIA RELATIONS ADVISOR

IR Top Consulting | ir@irtop,com | T: + 39 02 4547 3883/4 | Via Bigli, 19 - 20121 Milano

Fine Comunicato n.20162-189-2024	Numero di Pagine: 4
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