Monday, April 8, 2019 - 18:21

Cesena (Italy), April 8th - 2019 – Wellness Holding S.r.l. (“Wellness Holding”) – the company holds at present the 51,74% of Technogym Spa’s share capital (the “Company”), has announced the offer of a maximum of 14,000,000 ordinary shares, equalling 6,96% of the Company’s share capital, through an accelerated book building procedure reserved to qualified Italian investors and to foreign institutional investors.

Citigroup Global Market Limited acts as Sole Bookrunner of the operation.

The operation intends to meet investors’ request for an increase in the floating capital and in the share liquidity; it will be started immediately and can be concluded at any time. Wellness Holding will communicate the outcome of the placement at the end of the operation.

Within the range of the operation and consistently with the market procedure for similar operations, Wellness Holding has undertaken a lock-up commitment towards the Sole Bookrunner with reference to the Company shares that will remain in their possession upon completion of the operation, for a period of 180 days, except cases envisaged by praxis for similar operations.