{"id":1516126,"date":"2020-11-05T00:00:00","date_gmt":"2020-11-05T00:00:00","guid":{"rendered":"http:\/\/54.217.56.244\/investor-releases\/press-release-start-of-the-first-period-of-exercise-of-edac-warrants-2018-2021-30-08-2019\/"},"modified":"2020-11-05T00:00:00","modified_gmt":"2020-11-05T00:00:00","slug":"press-release-start-of-the-first-period-of-exercise-of-edac-warrants-2018-2021-30-08-2019","status":"publish","type":"investor-releases","link":"https:\/\/acrobaticagroup.com\/en\/investor-releases\/press-release-start-of-the-first-period-of-exercise-of-edac-warrants-2018-2021-30-08-2019\/","title":{"rendered":"PRESS RELEASE &#8211; START OF THE FIRST PERIOD OF EXERCISE OF EDAC WARRANTS 2018-2021 30.08.2019"},"content":{"rendered":"[vc_row][vc_column][vc_column_text]THIS DOCUMENT MAY NOT BE PUBLISHED, DISTRIBUTED, USED, IN WHOLE OR IN PART, DIRECTLY OR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.<br \/>\nThis document and the information contained herein have been prepared for information purposes only<br \/>\nand are in no way intended to constitute investment advice or a recommendation for investment in<br \/>\nfinancial instruments. Potential investors must not subscribe and\/or purchase the financial instruments<br \/>\ncovered by this document based on the information contained herein. There will be no offer of financial<br \/>\ninstruments to the public either in Italy or in any other country. Any private placement of the Company&#8217;s<br \/>\nshares will be made in the context of the admission of the Company&#8217;s shares to AIM Italia, exclusively under<br \/>\nthe exemption from the application of the laws and regulations on public offering and therefore the offer<br \/>\nof the 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 \/>\nPRESS RELEASE<br \/>\nSTART OF THE FIRST PERIOD OF EXERCISE OF EDAC WARRANTS 2018-2021<br \/>\nGenoa, 30 August 2019 &#8211; EdiliziAcrobatica S.p.A. (the &#8220;Company&#8221; or &#8220;EDAC&#8221;), a company specialized in<br \/>\ndouble safety rope construction works, such as maintenance and renovation of buildings and other<br \/>\narchitectural structures, listed on the AIM Italia segment of the Italian Stock Exchange (EDAC ticker) and on<br \/>\nEuronext Growth (ALEAC ticker), announces that the first of the three periods provided for the exercise of<br \/>\nthe &#8220;Warrant EDAC 2018-2021&#8221;, ISIN code IT0005351470 (&#8220;Warrants&#8221;) will open on 1 September 2019 and<br \/>\nclose on 30 September 2019, including the initial and final term (the &#8220;First Exercise Period&#8221;).<br \/>\nThe Warrant holders may request to subscribe new Conversion Share (&#8220;Compendium Shares&#8221;) in the ratio<br \/>\nof no. 1 Conversion Share for each no. 1 Warrant presented for exercise, at the price of Euro 3.66 (three<br \/>\npoint sixty-six\/00) for each Compendium Share subscribed.<br \/>\nApplications for subscription must be submitted, on any bank business day during the First Exercise Period,<br \/>\nto the intermediary belonging to Monte Titoli S.p.A. with which the Warrants are deposited.<br \/>\nThe Conversion Shares subscribed by Warrant holders during the First Exercise Period will be made<br \/>\navailable for trading through Monte Titoli S.p.A. on the settlement day following the end of the last day of<br \/>\nthe First Exercise Period. It is not expected that during the First Exercise Period events will occur that would<br \/>\nresult in the suspension of the exercise right.<br \/>\nIt is understood that, if the Warrant holders do not request to subscribe the Conversion Shares by the final<br \/>\nend of the First Exercise Period, they will lose the relevant right, without prejudice to the right to exercise<br \/>\nthe Warrants again in each of the subsequent exercise periods.<br \/>\nFor further information, please refer to the Warrant Regulations available on the company&#8217;s website at<br \/>\n[https:\/\/ediliziacrobatica.com\/investor-relations-ipo\/].[\/vc_column_text][vc_empty_space height=&#8221;22px&#8221;][vc_column_text]<a href=\"https:\/\/ediliziacrobatica.com\/app\/uploads\/2020\/11\/25-PRESS-RELEASE-START-OF-THE-FIRST-PERIOD-OF-EXERCISE-OF-EDAC-WARRANTS-2018-2021-30.08.2019.pdf\" target=\"_blank\" rel=\"noopener\">25- PRESS RELEASE &#8211; START OF THE FIRST PERIOD OF EXERCISE OF EDAC WARRANTS 2018-2021 30.08.2019<\/a>[\/vc_column_text][vc_empty_space height=&#8221;22px&#8221;][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]Press Office<br \/>\nEdiliziAcrobatica S.p.A.<br \/>\nDeborah Dirani<br \/>\nufficiostampa@ediliziacrobatica.com<br \/>\nC: 393 8911364[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]Nominated Adviser (Nomad)<br \/>\nBanca Profilo S.p.A.<br \/>\nediliziacrobatica@bancaprofilo.it<br \/>\n02584081<br \/>\nwww.bancaprofilo.it[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]\n","protected":false},"featured_media":0,"template":"","categorie_comunicati_stampa":[],"class_list":["post-1516126","investor-releases","type-investor-releases","status-publish"],"acf":[],"_links":{"self":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/investor-releases\/1516126","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=1516126"}],"wp:term":[{"taxonomy":"categorie_comunicati_stampa","embeddable":true,"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/categorie_comunicati_stampa?post=1516126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}