at the start of the last week of the takeover bid, Pellicioli also adheres to the Corriere.it offer

Monday 13 February 2023 is the last week to participate in the voluntary takeover bid promoted by Nova, De Agostini’s vehicle, on the ordinary shares of DeA Capital, the leading independent alternative asset management platform in Italy with aggregate assets under management of 26 .4 billion euros (at the end of September). According to the latest data relating to Friday 10 February, the percentage of adherence equals 39.130% and 33,546,743 shares have been delivered out of a total of 85.73 million of the shares subject to the offer. The offer started on January 23rd and will end on February 17th. The price equal to 1.50 euro per share with a premium of +40% compared to the weighted average in the 3 months preceding the reference date (01/12/2022, the day prior to the announcement of the takeover bid).

Acceptances of the offer

Membership registered a positive trend in the first weeks. As of 7 February, membership stood at 31.7% and 27,144,508 shares had been delivered.

President Pellicioli also adheres to the offer

The Chairman of the Board of Directors of De Agostini SpA, as well as a shareholder of DeA Capital, Lorenzo Pellicioli, announced that he has tendered the Offer for 2,566,323 proprietary shares (through the wholly owned subsidiary Flavus Srl), representing the 0 .96% of the share capital. I had held the shares since 2011 – Pellicioli said in a note – and I am satisfied to have accepted the offer which, once again, rewards the many shareholders who, like me, have believed and invested in the company. DeA Capital has a great growth story. He has always supported the Italian economic and entrepreneurial fabric, to the point of becoming a partner in over 50 companies, which together have a turnover of around 4 billion euros and today employ 15,000 people. With important activities also abroad, above all in Europe and in particular in the development of new real estate projects. DeA Capital has changed a lot since it was acquired by the De Agostini Group in 2007, following and often anticipating the directions of a constantly evolving market. Listing on the Stock Exchange today is no longer functional to the company’s current positioning and strategic objectives, but I think it was important to give all shareholders, including many savers, the opportunity to fully realize the value that has been created in these years also thanks to their support.

The offer period

The acceptance period for the Offer began on 23 January 2023 and will end at 17:30 (Italian time) on 17 February 2023. Therefore, 17 February 2023 will represent, unless the acceptance period is extended, the last day for join the offer.