CLOSURE OF THE SECOND PERIOD OF EXERCISE OF EDAC WARRANTS 2018-2021

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PRESS RELEASE
CLOSURE OF THE SECOND PERIOD OF EXERCISE OF EDAC WARRANTS 2018-2021

Genoa, 1 October 2020- EdiliziAcrobatica S.p.A. (the “Company” or “EDAC”), a company specialized in outdoor maintenance and renovation of residential buildings and architectural structures through the double rope safety tool, listed on the AIM Italia segment of the Italian Stock Exchange (EDAC ticker) and on Euronext Growth (ALEAC ticker), announces that the second of the three periods provided for the exercise of the “Warrant EDAC 2018-2021”, ISIN code IT0005351470 (“Warrant”) closed on 30 September 2020 (the “Second Exercise Period”), as provided for in article 3. 2 of the relevant Regulation (the “Rules governing the Warrants”).

During the Second Exercise Period, 108.261 Warrants were exercised and consequently 108.261 EDAC Conversion Shares were subscribed, at the price of Euro 4.02 (four point two/00) for each Conversion Share subscribed, for a total value of Euro 435.209.22. The subscribed EDAC Shares are made available for trading on today’s date (the day of settlement following the end of the last day of the First Exercise Period) – through Monte Titoli S.p.A. – and have regular dividend entitlement equal to that of the ordinary EDAC Shares traded on the Stock Exchange on the effective date of the exercise of the Warrants and are therefore bear a current coupon.
The new share capital of EDAC amounts to 803.249.8 Euros, divided into 8.032.498 ordinary shares, all with no indication of nominal value. In accordance with the provisions of Article 2444 of the Italian Civil Code, the certificate indicating the new share capital shall be filed with the Milan Register of Companies within the time limits laid down by law.
It is understood that the Warrant holders who have not requested to subscribe the EDAC Compendium Shares in the First Exercise Period, will have the right to exercise the Warrants in the subsequent exercise periods referred to in Article 3.2 of the Warrant Rules.
For any further information, please refer to the Warrant Rules available on the Company’s website http://ediliziacrobatica.com, Investor Relations/IPO section. The KID relating to the Warrants is also available in the same section.

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[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]Nominated Adviser (Nomad)
Banca Profilo S.p.A.
ediliziacrobatica@bancaprofilo.it
02584081
www.bancaprofilo.it[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Document Download[/vc_column_text][/vc_column][/vc_row]