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Salcef Group Capital/Financing Update 2020

Oct 7, 2020

4374_prs_2020-10-07_d622ee39-89d3-44bc-b3c4-ce1613bd563e.pdf

Capital/Financing Update

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Informazione
Regolamentata n.
20176-83-2020
Data/Ora Ricezione
07 Ottobre 2020
21:29:06
AIM -Italia/Mercato
Alternativo del Capitale
Societa' : SALCEF GROUP S.P.A.
Identificativo
Informazione
Regolamentata
: 137865
Nome utilizzatore : SALCEFGROUPNSS01 - Valeriano
Salciccia
Tipologia : 3.1
Data/Ora Ricezione : 07 Ottobre 2020 21:29:06
Data/Ora Inizio
Diffusione presunta
: 07 Ottobre 2020 21:29:07
Oggetto : Application for approval of the Prospectus
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Rome, 7 October 2020 – Salcef Group S.p.A. (the "Company"), international leader in the maintenance and construction of railway infrastructure, listed since 8 November 2019 on the AIM market of Borsa Italiana, announces that the application for approval of the Prospectus pursuant to Article 42 of EU Delegated Regulation No. 2019/980 and Article 52 of Consob Regulation No. 11971/1999, concerning the admission to trading of the Company's ordinary shares and warrants on the Mercato Telematico Azionario ("MTA") has been filed today with Consob.

At the same time, the Company submitted to Borsa Italiana the application for admission to listing of the Shares on the MTA and the application for STAR qualification, as well as the request to withdraw its financial instruments from trading on the AIM Italia, subject to their simultaneous admission to trading on the MTA, possibly STAR segment (if the conditions are met).

The date of trading of the Shares on the MTA, and their simultaneous exclusion from trading on AIM Italia, will be established by Borsa Italiana with subsequent notice, subject to the issue by Consob of the authorisation to publish the prospectus. By the same notice, Borsa Italiana, after verifying the existence of the capitalization and diffusion requirements established by Article 2.2.3 of the Rules of the Markets organized and managed by Borsa Italiana and the related Instructions, will assign to the Shares the STAR qualification.

Sponsor of the Company is Banca Akros; Gianni Origoni Grippo Cappelli & Partners is the Issuer's legal advisor and DLA Piper is the Sponsor's legal advisor, while KPMG acted as independent auditors; Reply acted as advisor for the verification of non-accounting data in the prospectus.

This press release is available on the Salcef Group website https://www.salcef.com, in the Investor Relations/Price Sensitive Press Releases section.

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Salcef Group is an Italian corporate group employing over 1,000 people and operating on 3 continents; it is an international railway industry leader in the maintenance and construction of railway and urban transport infrastructure systems, as well as in the construction and sale of rolling stock and the production of reinforced concrete structures. Founded in 1949, the company became wholly owned by the Salciccia family in 1975, and it is currently led by the brothers Gilberto and Valeriano Salciccia, in the roles of Chairman and Managing Director respectively. Railway and metropolitan railway line maintenance and renewal account for 80% of operations and are the core business of Salcef, which in the last 20 years has renewed over 7,000 km of track and is the global leader in track renewal. Salcef Group has a consolidated business founded on a history of more than 70 years, conducted by highly skilled staff in receipt of continual training. In 2019 Salcef achieved a Value of Production of € 311.2 million, with net Group profit of € 38.4 million.

Contact: Barabino & Partners Stefania Bassi Email: [email protected] Tel: +39 335 62 82 667 www.barabino.it

Salcef Group S.p.A.

Investor Relations Diego Paniccia Email: [email protected] Tel.: +39 06 416281

Nomad

Banca Akros S.p.A. Matteo Sacco Tel.: +39 02 434441