Salcef Group

Regulatory Filings • Jan 16, 2024

Informazione Regolamentata n. 20176-2	Data/Ora Inizio Diffusione 16 Gennaio 2024 17:22:18		Euronext Star Milan
Societa'	:	SALCEF GROUP
Identificativo Informazione Regolamentata	:	185368
Nome utilizzatore	:	Salciccia
Tipologia	:	3.1
Data/Ora Ricezione	:	16 Gennaio 2024 17:22:18
Data/Ora Inizio Diffusione	:	16 Gennaio 2024 17:22:18
Oggetto	:	Loss of SME status
Testo del comunicato

Vedi allegato

Investor Relations & Sustainability - Alessio Crosa Email: investor.relations@salcefgroup.com - Ph: +39 06 416281

Press Release

Salcef Group: Loss of "SME" status pursuant to article 1, paragraph 1, letter w-quater.1) of the Consolidated Law on Finance

Rome, 16 January 2024 – Salcef Group S.p.A. (the "Company") hereby announces, pursuant to Article 2-ter of the Consob Regulations No. 11971 of 14 May 1999 ("Issuers' Regulations"), that as of 1 January 2024 it no longer qualifies as "SME" (Small-Medium Enterprise), as defined by Article 1, paragraph 1, letter wquater.1) of Legislative Decree No. 58 of 24 February 1998 ("TUF"), having exceeded the market capitalization threshold of 500 million euros for three consecutive years (2021, 2022, 2023).

It is recalled that the Company's loss of SME status entails, in particular, the applicability of a new threshold for the purposes of disclosure obligations of material shareholdings pursuant to Article 120 TUF, set at 3% of the share capital. Therefore, shareholders who, as of the date of this press release, hold a stake above 3% and below 5% of the Company's share capital shall notify Consob and the Company in accordance with and under the terms of Articles 117, paragraph 2-bis, and 121, paragraph 3-bis, of the Issuers' Regulations.

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

The Salcef Group has been operating for over 70 years in the development and innovation of sustainable mobility infrastructures. It is a global player in the maintenance, renewal, construction and electrification of railway and urban transport infrastructure, as well as in the construction and sale of railway machines and the production of reinforced concrete structures. Maintenance and renewal of railway and urban infrastructure form the core business and account for 71% of volumes. Established in 1949, Salcef has been controlled by the Salciccia family since 1975 and it is currently led by brothers Gilberto and Valeriano Salciccia, in the roles of Chairman and Chief Executive Officer respectively. The Group has 7 Operative Business Units and is present on 4 continents. It employs more than 2,000 highly specialized resources and in 2022 recorded revenues for 565 million euro. The Salcef Group is based in Italy and since October 2021 is listed on the STAR segment of the Euronext Milan market of the Italian Stock Exchange (Borsa Italiana: SCF; Reuters: SCFG.MI; Bloomberg: SCF:IM).

Fine Comunicato n.20176-2	Numero di Pagine: 3
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