ARGOS FUND, THROUGH 7BIDCO, COMPLETES THE ACQUISITION OF 91.06% OF STAR7 S.P.A.
LORENZO MONDO - THROUGH DANTE S.R.L. - AND STAR AG TO REINVEST IN THE CORPORATE VEHICLE CONTROLLED BY ARGOS FUND
LORENZO MONDO CONFIRMED AS CHIEF EXECUTIVE OFFICER OF STAR7 S.P.A.; PAOLO SCARONI APPOINTED CHAIRMAN OF THE BOARD OF DIRECTORS
FOLLOWING CLOSING, 7BIDCO WILL FULFIL THE OBLIGATION TO PURCHASE THE REMAINING STAR7 SHARES
Valle San Bartolomeo (Alessandria), 9 July 2026 - The Board of Directors of STAR7 S.p.A. ("STAR7" or the "Company", EGM: ticker STAR7) - a company providing an integrated range of product information services, from product and process engineering support to the creation and management of technical and marketing content, translation, printing and virtual experience - further to the press release published on 1 April 2026, announces that it has been informed by the reference shareholders Dante S.r.l. and STAR AG (the "Selling Shareholders") that, on today's date, the transaction for the acquisition by 7BidCo S.p.A. ("7BidCo"), a corporate vehicle indirectly controlled by Argos Fund ("Argos"), of the entire shareholding held by the Selling Shareholders in STAR7, equal to no. 6,750,000 shares representing approximately 75.0% of the share capital of the Issuer (the "Transaction"), has been completed, in execution of the agreement signed and disclosed to the market on 1 April 2026 (the "Agreement" and the "Closing"). Simultaneously with the Closing, the Selling Shareholders reinvested part of the proceeds deriving from the Transaction (the "Reinvestment") in the corporate vehicle StarGalaxy 7 S.A. controlled by Argos, thereby confirming their commitment to STAR7's long-term industrial project.
In the same context of the Closing, 7BidCo, pursuant to specific and separate purchases, also acquired: (i) no. 220,216 shares representing approximately 2.45% of STAR7's share capital from Pharus Sicav - Basic Fund; (ii) no. 225,273 shares representing approximately 2.50% of STAR7's share capital from Mr Gaudenzio Roveda; (iii) no. 1,000,000 shares representing approximately 11.11% of STAR7's share capital through market transactions, with settlement expected on 13 July 2026.
As a result of the above transactions, 7BidCo now holds a total of no. 8,195,489 STAR7 shares, representing 91.06% of the share capital of the Issuer.
Therefore, pursuant to and for the purposes of Articles 108, paragraph 2, and 109 of the TUF, as made applicable by voluntary reference pursuant to Articles 9 and 10 of STAR7's Articles of Association, 7BidCo has announced its intention to fulfil the obligation to purchase the remaining shares issued by STAR7 from each shareholder who so requests, in accordance with the applicable laws and regulations (and not to launch a mandatory tender offer as previously indicated in the press release of 1 April 2026).
***
The Shareholders' Meeting of STAR7 met in ordinary session today, chaired by Mr Lorenzo Mondo, to resolve on the appointment of the Board of Directors.
Following the resignations submitted by all members of the Board of Directors, the Shareholders' Meeting resolved on the composition and appointment of the new Board of Directors of the Company. The Directors appointed by the Shareholders' Meeting were drawn from the list of candidates jointly submitted by the Selling Shareholders pursuant to Article 14.2 of the Articles of Association, as provided for in the Agreement.
As a result of the resolutions adopted by the Shareholders' Meeting today, the Board of Directors is composed of 9 directors, one of whom is independent. The Shareholders' Meeting appointed Mr Paolo Scaroni as Chairman and Mr Pietro Scott Jovane as Vice-Chairman of the Company's Board of Directors and resolved on the remuneration of the directors, approving the proposals submitted by the Selling Shareholders.
Therefore, the new Board of Directors is composed as follows:
Paolo Rebaudengo (*);
Lorenzo Mondo;
Gianluca Cedro;
Paolo Scaroni;
Pietro Scott Iovane;
Andrea Pavesi;
Jean Pierre Di Benedetto;
Gabriele Scalco;
Carlo Alfredo Festucci.
(*) director meeting the independence requirements pursuant to Article 148, paragraph 3, of Legislative Decree 58/98, also taking into account the quantitative and qualitative criteria of significance of potentially relevant relationships for the purposes of assessing independent directors pursuant to Article 6-bis of the Euronext Growth Milan Issuers' Regulation, defined in a specific document approved by the Company's Board at its meeting of 7 May 2024 and published on the Company's website on the same date.
As specified in the notice of call published on the Company's website, participation in the Shareholders' Meeting by those entitled to vote took place physically and by remote connection at the Company's registered office. No voting procedures by correspondence or by electronic means were provided.
The summary report of the voting results, as well as the minutes of the Shareholders' Meeting, will be made available to the public in the manner and within the time limits set forth by the regulations in force and will be available on the STAR7 website, in the Investor Relations/Shareholders' Meetings section.
***
The Company's new Board of Directors met today for the first time following the Shareholders' Meeting and - in continuity with the Company's current management structure - confirmed Mr Lorenzo Mondo as Chief Executive Officer, granting him certain management powers to lead the Company's new phase of growth, supported by investments in technological innovation and in the integration of Artificial Intelligence into the Group's services and processes.
The Board of Directors also verified that the newly appointed directors meet the integrity requirements. Furthermore, pursuant to Article 6-bis of the Euronext Growth Milan Issuers' Regulation and Article 14.2 of the Articles of Association, the Board of Directors verified that Mr Rebaudengo meets the independence requirements pursuant to Article 148, paragraph 3, of the TUF (as referred to by Article 147-ter, paragraph 4, of the TUF), also taking into account the quantitative and qualitative criteria of significance of potentially relevant relationships for the purposes of assessing independent directors, approved by the Board of Directors on 7 May 2024, on the basis of the statements made by the person concerned and the information available to the Company.
***
This press release is available on the STAR7 website at www.star-7.com (in the "Investor Relations/Press Releases" section) and on the regulated information storage mechanism "1Info", available at www.1info.it.
STAR7
For more than 20 years, STAR7 has been a point of reference for its clients in the world of product information. From product and process engineering support to the creation and management of technical and marketing content, translation, printing and virtual experience: through its services, STAR7 is able to support its clients' industrial activities throughout the entire product life cycle, from the design phase to after-sales. STAR7 has always stood out for an approach that combines specific know-how, technology and an overall vision to offer the best possible solutions to the needs of clients and the global market. This approach has enabled STAR7 to establish important partnerships with major international companies and to affirm itself as a reliable and credible player globally.
www.star-7.com.
LORENZO MONDO - THROUGH DANTE S.R.L. - AND STAR AG TO REINVEST IN THE CORPORATE VEHICLE CONTROLLED BY ARGOS FUND
LORENZO MONDO CONFIRMED AS CHIEF EXECUTIVE OFFICER OF STAR7 S.P.A.; PAOLO SCARONI APPOINTED CHAIRMAN OF THE BOARD OF DIRECTORS
FOLLOWING CLOSING, 7BIDCO WILL FULFIL THE OBLIGATION TO PURCHASE THE REMAINING STAR7 SHARES
Valle San Bartolomeo (Alessandria), 9 July 2026 - The Board of Directors of STAR7 S.p.A. ("STAR7" or the "Company", EGM: ticker STAR7) - a company providing an integrated range of product information services, from product and process engineering support to the creation and management of technical and marketing content, translation, printing and virtual experience - further to the press release published on 1 April 2026, announces that it has been informed by the reference shareholders Dante S.r.l. and STAR AG (the "Selling Shareholders") that, on today's date, the transaction for the acquisition by 7BidCo S.p.A. ("7BidCo"), a corporate vehicle indirectly controlled by Argos Fund ("Argos"), of the entire shareholding held by the Selling Shareholders in STAR7, equal to no. 6,750,000 shares representing approximately 75.0% of the share capital of the Issuer (the "Transaction"), has been completed, in execution of the agreement signed and disclosed to the market on 1 April 2026 (the "Agreement" and the "Closing"). Simultaneously with the Closing, the Selling Shareholders reinvested part of the proceeds deriving from the Transaction (the "Reinvestment") in the corporate vehicle StarGalaxy 7 S.A. controlled by Argos, thereby confirming their commitment to STAR7's long-term industrial project.
In the same context of the Closing, 7BidCo, pursuant to specific and separate purchases, also acquired: (i) no. 220,216 shares representing approximately 2.45% of STAR7's share capital from Pharus Sicav - Basic Fund; (ii) no. 225,273 shares representing approximately 2.50% of STAR7's share capital from Mr Gaudenzio Roveda; (iii) no. 1,000,000 shares representing approximately 11.11% of STAR7's share capital through market transactions, with settlement expected on 13 July 2026.
As a result of the above transactions, 7BidCo now holds a total of no. 8,195,489 STAR7 shares, representing 91.06% of the share capital of the Issuer.
Therefore, pursuant to and for the purposes of Articles 108, paragraph 2, and 109 of the TUF, as made applicable by voluntary reference pursuant to Articles 9 and 10 of STAR7's Articles of Association, 7BidCo has announced its intention to fulfil the obligation to purchase the remaining shares issued by STAR7 from each shareholder who so requests, in accordance with the applicable laws and regulations (and not to launch a mandatory tender offer as previously indicated in the press release of 1 April 2026).
***
The Shareholders' Meeting of STAR7 met in ordinary session today, chaired by Mr Lorenzo Mondo, to resolve on the appointment of the Board of Directors.
Following the resignations submitted by all members of the Board of Directors, the Shareholders' Meeting resolved on the composition and appointment of the new Board of Directors of the Company. The Directors appointed by the Shareholders' Meeting were drawn from the list of candidates jointly submitted by the Selling Shareholders pursuant to Article 14.2 of the Articles of Association, as provided for in the Agreement.
As a result of the resolutions adopted by the Shareholders' Meeting today, the Board of Directors is composed of 9 directors, one of whom is independent. The Shareholders' Meeting appointed Mr Paolo Scaroni as Chairman and Mr Pietro Scott Jovane as Vice-Chairman of the Company's Board of Directors and resolved on the remuneration of the directors, approving the proposals submitted by the Selling Shareholders.
Therefore, the new Board of Directors is composed as follows:
Paolo Rebaudengo (*);
Lorenzo Mondo;
Gianluca Cedro;
Paolo Scaroni;
Pietro Scott Iovane;
Andrea Pavesi;
Jean Pierre Di Benedetto;
Gabriele Scalco;
Carlo Alfredo Festucci.
(*) director meeting the independence requirements pursuant to Article 148, paragraph 3, of Legislative Decree 58/98, also taking into account the quantitative and qualitative criteria of significance of potentially relevant relationships for the purposes of assessing independent directors pursuant to Article 6-bis of the Euronext Growth Milan Issuers' Regulation, defined in a specific document approved by the Company's Board at its meeting of 7 May 2024 and published on the Company's website on the same date.
As specified in the notice of call published on the Company's website, participation in the Shareholders' Meeting by those entitled to vote took place physically and by remote connection at the Company's registered office. No voting procedures by correspondence or by electronic means were provided.
The summary report of the voting results, as well as the minutes of the Shareholders' Meeting, will be made available to the public in the manner and within the time limits set forth by the regulations in force and will be available on the STAR7 website, in the Investor Relations/Shareholders' Meetings section.
***
The Company's new Board of Directors met today for the first time following the Shareholders' Meeting and - in continuity with the Company's current management structure - confirmed Mr Lorenzo Mondo as Chief Executive Officer, granting him certain management powers to lead the Company's new phase of growth, supported by investments in technological innovation and in the integration of Artificial Intelligence into the Group's services and processes.
The Board of Directors also verified that the newly appointed directors meet the integrity requirements. Furthermore, pursuant to Article 6-bis of the Euronext Growth Milan Issuers' Regulation and Article 14.2 of the Articles of Association, the Board of Directors verified that Mr Rebaudengo meets the independence requirements pursuant to Article 148, paragraph 3, of the TUF (as referred to by Article 147-ter, paragraph 4, of the TUF), also taking into account the quantitative and qualitative criteria of significance of potentially relevant relationships for the purposes of assessing independent directors, approved by the Board of Directors on 7 May 2024, on the basis of the statements made by the person concerned and the information available to the Company.
***
This press release is available on the STAR7 website at www.star-7.com (in the "Investor Relations/Press Releases" section) and on the regulated information storage mechanism "1Info", available at www.1info.it.
STAR7
For more than 20 years, STAR7 has been a point of reference for its clients in the world of product information. From product and process engineering support to the creation and management of technical and marketing content, translation, printing and virtual experience: through its services, STAR7 is able to support its clients' industrial activities throughout the entire product life cycle, from the design phase to after-sales. STAR7 has always stood out for an approach that combines specific know-how, technology and an overall vision to offer the best possible solutions to the needs of clients and the global market. This approach has enabled STAR7 to establish important partnerships with major international companies and to affirm itself as a reliable and credible player globally.
www.star-7.com.
© 2026 GlobeNewswire (Europe)
