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Tinexta
M&A Activity • Aug 2, 2024
4493_tar_2024-08-02_f57232ce-01e3-4671-9eba-13a2463a987b.pdf
M&A Activity
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| Informazione Regolamentata n. 20053-36-2024 |
Data/Ora Inizio Diffusione 2 Agosto 2024 18:38:16 |
Euronext Star Milan | |
|---|---|---|---|
| Societa' | : | TINEXTA | |
| Identificativo Informazione Regolamentata |
: | 194308 | |
| Utenza - Referente | : | TINEXTANSS01 - MASTRAGOSTINO | |
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 2 Agosto 2024 18:38:16 | |
| Data/Ora Inizio Diffusione | : | 2 Agosto 2024 18:38:16 | |
| Oggetto | : | Definition of the price of the MTO of Defence Tech |
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| Testo del comunicato |
Vedi allegato
PRESS RELEASE
THE PRICE OF THE DEFENCE TECH TENDER OFFER WAS DEFINED
Rome, August 2, 2024. Following the press release as at July 31, 2024, with reference to the tender offer (the "Tender Offer") on all the shares of Defence Tech Holding S.p.A. Società Benefit ("Defence Tech"), Tinexta announces that the Board of Directors during the meeting held today has examined the results from the analysis concerning Defence Tech's industrial and commercial developments in the past months, as well as further potential benefits deriving from Defence Tech's as part of the Tinexta Group.
As a result of this examination, it has been resolved to promote the Tender Offer at Euro 3,15.per share equal to
Such price expresses a premium of approximately 15% over the price determined in accordance with article 106 paragraph 2 of the TUF, of approximately Euro 2.74 per share, i.e., which is the price for the purchase of the shares owned by Comunimpresa S.r.l. and GE.DA Europe S.r.l. following the exercise of the call option by Tinexta Defence S.r.l. (company fully controlled by Tinexta S.p.A.).
As stated in the press release of July 31, 2024, the transfer of the shares of Defence Tech object of the call option – which will trigger the obligation by Tinexta Defence S.r.l. to launch a public Tender Offer– will be carried out on August 5, 2024.
TINEXTA SpA
Tinexta is an industrial Group that offers innovative solutions for the digital transformation and growth of companies, professionals and institutions. Listed on the Euronext STAR Milan (MIC: MTAA), it is included in the European Tech Leader index as a high-growth tech company. Based in Italy and present in 12 countries from Europe to Latin America with over 2,500 employees, Tinexta is active in the strategic Digital Trust, Cyber Security and Business Innovation sectors. As at 31 December 2023, the Group reported consolidated revenues of € 395.8 million, Adjusted EBITDA of € 103.0 million and Net profit of € 69.9 million.
tinexta.com | Stock ticker: TNXT, ISIN Code IT0005037210
Corporate Communication
Alessandra Ruzzu Tel. +39 06 42 01 26 31 [email protected]
Press Office
Carla Piro Mander Tel. +39 06 42 01 26 31 [email protected]
Barabino & Partners Stefania Bassi Tel. +39 335 6282 667 [email protected]
Investor Relations
Josef Mastragostino Tel. +39 06 42 01 26 31 [email protected]
| Fine Comunicato n.20053-36-2024 | Numero di Pagine: 4 |
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