{"id":1516110,"date":"2020-11-05T00:00:00","date_gmt":"2020-11-05T00:00:00","guid":{"rendered":"http:\/\/54.217.56.244\/investor-releases\/press-release-exercise-of-the-greenshoe-option-20-12-2018\/"},"modified":"2020-11-05T00:00:00","modified_gmt":"2020-11-05T00:00:00","slug":"press-release-exercise-of-the-greenshoe-option-20-12-2018","status":"publish","type":"investor-releases","link":"https:\/\/acrobaticagroup.com\/en\/investor-releases\/press-release-exercise-of-the-greenshoe-option-20-12-2018\/","title":{"rendered":"PRESS RELEASE &#8211; EXERCISE OF THE GREENSHOE OPTION 20.12.2018"},"content":{"rendered":"[vc_row][vc_column][vc_column_text]THIS DOCUMENT MAY NOT BE PUBLISHED, DISTRIBUTED, USED, IN WHOLE OR IN PART, DIRECTLY OR<br \/>\nINDIRECTLY, BY OR IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR ANY OTHER JURISDICTION<br \/>\nWHERE SUCH PUBLICATION, DISTRIBUTION AND\/OR USE WOULD VIOLATE THE LAWS OF THAT<br \/>\nJURISDICTION.<br \/>\nThis document does not constitute an offer prospectus or an admission document. This document does not<br \/>\nconstitute, and shall not be construed as, an offer to the public for subscription, purchase, sale or<br \/>\nexchange, nor an invitation to make an offer for subscription, purchase, sale or exchange, of securities. This<br \/>\ndocument and the information contained herein have been prepared for information purposes only and<br \/>\nare in no way intended to constitute investment advice or a recommendation for investment in financial<br \/>\ninstruments. Potential investors must not subscribe and\/or purchase the financial instruments covered by<br \/>\nthis document based on the information contained herein. There will be no offer of financial instruments to<br \/>\nthe public either in Italy or in any other country. Any private placement of the Company&#8217;s shares will be<br \/>\nmade in the context of the admission of the Company&#8217;s shares to AIM Italia, exclusively under the<br \/>\nexemption from the application of the laws and regulations on public offering and therefore the offer of<br \/>\nthe shares has not been and will not be subject to the approval of CONSOB or any other competent<br \/>\nauthority in Italy or abroad in accordance with the applicable regulations. No prospectus or other<br \/>\nequivalent information document will be published in connection with the admission of the Company&#8217;s<br \/>\nshares to AIM Italia.<br \/>\nEXERCISE OF THE GREENSHOE OPTION<br \/>\nMilan, 19 December 2018 &#8211; EdiliziAcrobatica S.p.A., a company specialized in double safety rope<br \/>\nconstruction works, such as maintenance and renovation of buildings and other architectural structures,<br \/>\nannounces that, today, Banca Profilo S.p.A. has exercised the option of greenshoe for 149,850 shares<br \/>\nowned by Arim Holding S.r.l. (the &#8220;Shareholder&#8221;).<br \/>\nThe option greenshoe is one of the agreements signed [ between the Shareholder and Banca Profilo S.p.A.<br \/>\nin the framework of the Operation IPO.<br \/>\nThe purchase price of the shares covered by the greenshoe option is Euro 3.33 per share, corresponding to<br \/>\nthe price established in the context of the Offer &#8211; for a total countervalue equal to about Euro 499,001.<br \/>\nThe admission to listing took place following the placement of 1,725,300 ordinary shares, all newly issued,<br \/>\nfor a value of Euro 5,720,301 of which:<br \/>\ni. 1,499,850 ordinary shares resulting from the capital increase reserved for the market;<br \/>\nii. 75,600 ordinary shares resulting from the share capital increase reserved for employees; and<br \/>\nadministrators;<br \/>\niii. no. 149,850 ordinary shares, corresponding to approximately 8.7% of the offer, found from the<br \/>\ngreenshoe capital increase.<br \/>\nFollowing the full exercise of the Greenshoe Option, the free float is equal to 21.27% and the Company&#8217;s<br \/>\nshare capital is represented by 7,725,300 shares and is held as follows:<br \/>\nFor the listing transaction EDAC was assisted by Banca Profilo (Nominated Adviser and Global Coordinator),<br \/>\nEMINTAD ITALY (Financial Advisor), LCA Studio Legale (Legal Advisor of the Issuer), Pedersoli Studio Legale<br \/>\n(Banca Profilo&#8217;s Legal Advisor), Deloitte (the Issuer&#8217;s company), Pedersoli Studio Legale (Banca Profilo&#8217;s<br \/>\nLegal Advisor), Deloitte (the company of auditing), Studio Tributario e Societario Deloitte (Tax Advisor),<br \/>\nIccrea Banca Impresa (Co-lead manager) and ADB (financial advisor).[\/vc_column_text][vc_empty_space height=&#8221;22px&#8221;][vc_column_text]<a href=\"https:\/\/ediliziacrobatica.com\/app\/uploads\/2020\/11\/9-PRESS-RELEASE-EXERCISE-OF-THE-GREENSHOE-OPTION-20.12.2018.pdf\" target=\"_blank\" rel=\"noopener\">9- PRESS RELEASE &#8211; EXERCISE OF THE GREENSHOE OPTION 20.12.2018<\/a>[\/vc_column_text][vc_empty_space height=&#8221;22px&#8221;][vc_column_text]CONTACTS<br \/>\nPrint Office EdiliziAcrobatica<br \/>\nDeborah Dirani<br \/>\nufficiostampa@ediliziacrobatica.com<br \/>\nMob: 393 8911364[\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"featured_media":0,"template":"","categorie_comunicati_stampa":[],"class_list":["post-1516110","investor-releases","type-investor-releases","status-publish"],"acf":[],"_links":{"self":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/investor-releases\/1516110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/investor-releases"}],"about":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/types\/investor-releases"}],"wp:attachment":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/media?parent=1516110"}],"wp:term":[{"taxonomy":"categorie_comunicati_stampa","embeddable":true,"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/categorie_comunicati_stampa?post=1516110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}