Global offering of shares: notice of exercise of the over-allotment option in full
With reference to the initial public offering and the listing of Technogym S.p.A. (“Technogym” or the “Company”), the Stabilizing Manager Mediobanca - Banca di Credito Finanziario S.p.A (“Mediobanca”), also on behalf of the other Joint Global Coordinators, announced that today has been exercised the overallotment option granted by Salhouse Holding S.a r.l. in full, for a total of 7,500,000 ordinary shares of Technogym.
The purchase price for shares covered by the overallotment option is EUR 3.25 per share—the same price as the offer price in the global offering—corresponding to an aggregate consideration of approximately EUR 24.4 million.
Settlement of the shares relating to the overallotment option will take place on May 20, 2016.
As a result, Technogym’s total global offering, including the shares sold in the overallotment option, amounted to 57,500,000 ordinary shares, which correspond to approximately 29% of the Company’s share capital, for a total consideration of approximately EUR 187 million.
Mediobanca, Goldman Sachs and JP Morgan acted as Joint Global Coordinators and Joint Bookrunners. Mediobanca acted also as Sponsor.
Milano, May 18 2016