Cesena (Italy), April 9th - 2019 – Further to the release dated April 8, 2019, Wellness Holding s.r.l. (“Wellness Holding”), announces the successful completion of the sale of 14,000,000 of Technogym’s (the “Company”) ordinary shares, equalling approximately 6,96% of the Company’s share capital, for a price per share of Euro 10,30 and a total equivalent of Euro 144.2 Million.
The operation has been carried out through an accelerated book building procedure reserved to qualified investors in Italy and institutional investors abroad. The regulation of the operations (delivery of the shared and payment of the equivalent) will take place on April 11th, 2019.
Citigroup Global Market Limited has acted as Sole Bookrunner of the operation.
After completion of the operation, Wellness Holding preserves the control of Technogym S.p.A. and holds a total n. 90,000,000 of ordinary shares of the Company, equalling 44,78% of the Company share capital and n. 180,000,000 of voting rights that represent the 61,86% of the total voting rights.