{"id":1516129,"date":"2020-11-05T00:00:00","date_gmt":"2020-11-05T00:00:00","guid":{"rendered":"http:\/\/54.217.56.244\/investor-releases\/press-release-closure-of-the-first-period-of-exercise-of-edac-warrants-2018-2021-01-10-2019\/"},"modified":"2020-11-05T00:00:00","modified_gmt":"2020-11-05T00:00:00","slug":"press-release-closure-of-the-first-period-of-exercise-of-edac-warrants-2018-2021-01-10-2019","status":"publish","type":"investor-releases","link":"https:\/\/acrobaticagroup.com\/en\/investor-releases\/press-release-closure-of-the-first-period-of-exercise-of-edac-warrants-2018-2021-01-10-2019\/","title":{"rendered":"PRESS RELEASE – CLOSURE OF THE FIRST PERIOD OF EXERCISE OF EDAC WARRANTS 2018-2021 01.10.2019"},"content":{"rendered":"[vc_row][vc_column][vc_column_text]THIS DOCUMENT MAY NOT BE PUBLISHED, DISTRIBUTED, USED, IN WHOLE OR IN PART, DIRECTLY OR
\nINDIRECTLY, BY OR IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR ANY OTHER JURISDICTION
\nWHERE SUCH PUBLICATION, DISTRIBUTION AND\/OR USE WOULD VIOLATE THE LAWS OF THAT
\nJURISDICTION.
\nThis document does not constitute an offer prospectus or an admission document. This document does not
\nconstitute, and shall not be construed as, an offer to the public for subscription, purchase, sale, or
\nexchange, nor an invitation to make an offer for subscription, purchase, sale or exchange, of securities. This
\ndocument and the information contained herein have been prepared for information purposes only and
\nare in no way intended to constitute investment advice or a recommendation for investment in financial
\ninstruments. Potential investors must not subscribe and\/or purchase the financial instruments covered by
\nthis document based on the information contained herein. There will be no offer of financial instruments to
\nthe public either in Italy or in any other country. Any private placement of the Company’s shares will be
\nmade in the context of the admission of the Company’s shares to AIM Italia, exclusively under the
\nexemption from the application of the laws and regulations on public offering and therefore the offer of
\nthe shares has not been and will not be subject to the approval of CONSOB or any other competent
\nauthority in Italy or abroad in accordance with the applicable regulations. No prospectus or other
\nequivalent information document will be published in connection with the admission of the Company’s
\nshares to AIM Italia.
\nPRESS RELEASE
\nCLOSURE OF THE FIRST PERIOD OF EXERCISE OF EDAC WARRANTS 2018-2021
\nGenoa, 1 October 2019 – EdiliziAcrobatica S.p.A. (the “Company” or “EDAC”), a company specialized in
\ndouble safety rope construction works, such as maintenance and renovation of buildings and other
\narchitectural structures, listed on the AIM Italia segment of the Italian Stock Exchange (EDAC ticker) and on
\nEuronext Growth (ALEAC ticker), announces that the first of the three periods provided for the exercise of
\nthe “Warrant EDAC 2018-2021”, ISIN code IT0005351470 (“Warrants”) closed on 30 September 2019 (the
\n“First Exercise Period”), as provided for in Article 3. 2 of the relevant Regulation (the “Warrant Regulation”).
\nDuring the First Exercise Period, 198,937 Warrants were exercised and consequently 198,937 EDAC
\nConversion Shares were subscribed, at a price of Euro 3.66 (three point sixty-six\/00) for each Conversion
\nShare subscribed, for a total value of Euro 728,109.42.
\nThe subscribed EDAC Shares are made available for trading on today’s date (the day of settlement following
\nthe end of the last day of the First Exercise Period) – through Monte Titoli S.p.A. – and have regular dividend
\nentitlement equal to that of the ordinary EDAC Shares traded on the Stock Exchange on the effective date
\nof exercise of the Warrants and are therefore carrying a current coupon.
\nThe new share capital of EDAC amounts to Euro 792,423.7, divided into 7,924,237 ordinary shares, all
\nwithout indication of nominal value. In accordance with the provisions of Article 2444 of the Italian Civil
\nCode, the certificate indicating the new share capital will be filed with the Milan Companies’ Register within
\nthe legal deadline.
\nIt is understood that Warrant holders who have not requested to subscribe to the EDAC Compendium
\nShares in the First Exercise Period, will have the right to exercise the Warrants in the subsequent exercise
\nperiods referred to in article 3.2 of the Warrant Regulations.
\nFor any further information, please refer to the Warrant Regulations available on the Company’s website
\nhttps:\/\/ediliziacrobatica.com, Investor Relations\/IPO section. The KID relating to the Warrants is also
\navailable in the same section.[\/vc_column_text][vc_empty_space height=”22px”][vc_column_text]28- PRESS RELEASE – CLOSURE OF THE FIRST PERIOD OF EXERCISE OF EDAC WARRANTS 2018-2021 01.10.2019<\/a>[\/vc_column_text][vc_empty_space height=”22px”][vc_column_text]Deborah Dirani
\nPress Office
\nufficiostampa@ediliziacrobatica.com
\nwww.ediliziacrobatica.com
\nEdiliziAcrobatica SpA
\nDirectorate General
\nViale Brigate Partigiane 18\/2A
\n16129 Genova (GE)
\nMob: +39 393 8911364[\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"featured_media":0,"template":"","categorie_comunicati_stampa":[],"class_list":["post-1516129","investor-releases","type-investor-releases","status-publish"],"acf":[],"_links":{"self":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/investor-releases\/1516129","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=1516129"}],"wp:term":[{"taxonomy":"categorie_comunicati_stampa","embeddable":true,"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/categorie_comunicati_stampa?post=1516129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}