Salerno, August 05, 2025
Mare Group S.p.A. (ticker MARE.MI), a digital engineering company listed on Euronext Growth Milan and active in Italy and internationally in innovation through enabling technologies ("Mare Group" or the "Offeror"), announces that, following the subscription registered on August 4, 2025, it has exceeded the threshold of 95% of the share capital of La SIA S.p.A. ("La SIA") in the context of the full public exchange and purchase offer (the "Offer") launched pursuant to Article 102 et seq. of Legislative Decree no. 58 of February 24, 1998 (the "TUF"). Therefore, at the end of the Sell-Out period under Article 108, paragraph 1, of the TUF, the Offeror will exercise the right to purchase the remaining shares (the "Squeeze-Out") pursuant to Article 111 of the TUF and in accordance with the Euronext Growth Milan regulations.
Antonio Maria Zinno, CEO of Mare Group, commented: "This is a historic moment for Mare Group: two major milestones for two OPAS transactions in a single day. The voluntary and partial OPAS on ELES has been successfully completed, and the mandatory full OPAS on La SIA is now moving toward the squeeze-out. These are two confirmations of shareholder confidence in our innovative aggregation project.
I would like to express my deepest thanks to the investors who believed in the project, to all the colleagues who work every day to support the Group's vision, and to the advisors who made this exceptional result possible. Their contribution in terms of rigor, professionalism, and team spirit was fundamental: from illimity Bank as financial advisor, to Zephiro Investments as industrial advisor, Maviglia & Partners as legal advisor to Mare Group, and Gianni & Origoni representing La SIA's founding shareholders. This result is the outcome of a collective effort and reflects our commitment to excellence and the creation of sustainable value."
About the Company
Founded in 2001, Mare Group is a digital engineering company listed on Euronext Growth Milan, with a model based on proprietary technology platforms. With more than 2,000 clients, a team of over 500 professionals, and 25 operational and commercial offices across 5 countries, Mare Group is a key player in the innovation ecosystem. The Group's significant investments in R&D and the 16 acquisitions completed since 2019, followed by subsequent mergers, demonstrate its strong ability to integrate complementary resources and technologies to expand its product portfolio and increase market presence.
Mare Group S.p.A. (ticker MARE.MI), a digital engineering company listed on Euronext Growth Milan and active in Italy and internationally in innovation through enabling technologies ("Mare Group" or the "Offeror"), announces that, following the subscription registered on August 4, 2025, it has exceeded the threshold of 95% of the share capital of La SIA S.p.A. ("La SIA") in the context of the full public exchange and purchase offer (the "Offer") launched pursuant to Article 102 et seq. of Legislative Decree no. 58 of February 24, 1998 (the "TUF"). Therefore, at the end of the Sell-Out period under Article 108, paragraph 1, of the TUF, the Offeror will exercise the right to purchase the remaining shares (the "Squeeze-Out") pursuant to Article 111 of the TUF and in accordance with the Euronext Growth Milan regulations.
Antonio Maria Zinno, CEO of Mare Group, commented: "This is a historic moment for Mare Group: two major milestones for two OPAS transactions in a single day. The voluntary and partial OPAS on ELES has been successfully completed, and the mandatory full OPAS on La SIA is now moving toward the squeeze-out. These are two confirmations of shareholder confidence in our innovative aggregation project.
I would like to express my deepest thanks to the investors who believed in the project, to all the colleagues who work every day to support the Group's vision, and to the advisors who made this exceptional result possible. Their contribution in terms of rigor, professionalism, and team spirit was fundamental: from illimity Bank as financial advisor, to Zephiro Investments as industrial advisor, Maviglia & Partners as legal advisor to Mare Group, and Gianni & Origoni representing La SIA's founding shareholders. This result is the outcome of a collective effort and reflects our commitment to excellence and the creation of sustainable value."
About the Company
Founded in 2001, Mare Group is a digital engineering company listed on Euronext Growth Milan, with a model based on proprietary technology platforms. With more than 2,000 clients, a team of over 500 professionals, and 25 operational and commercial offices across 5 countries, Mare Group is a key player in the innovation ecosystem. The Group's significant investments in R&D and the 16 acquisitions completed since 2019, followed by subsequent mergers, demonstrate its strong ability to integrate complementary resources and technologies to expand its product portfolio and increase market presence.
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