Conversion of EXOR preferred and savings into ordinary shares closedJune 18, 2013
EXOR announces that as at the end of the rights offer period, expired on June 5, 2013, all the no. 50 preferred shares in respect of which the withdrawal right has been exercised have been purchased at the price of Euro 16.972 and all the no. 5,138 savings shares in respect of which the withdrawal right has been exercised have been purchased at the price of Euro 16.899, both by virtue of the exercise of the option rights and by virtue of the exercise of the pre-emption right pursuant to article 2437-quater, paragraph 3, of the Italian Civil Code.
The Company also announces that the mandatory conversion of all the no. 76,801,460 preferred shares and of the no. 9,168,894 savings shares into no. 85,970,354 ordinary shares will be executed on June 24, 2013, after the detachment of the coupons representative of the 2012 dividend.
The last day of trading of the EXOR preferred and savings shares on the Italian stock exchange will be June 21, 2013. Starting from June 24, 2013 only the EXOR ordinary shares will be negotiated on the Mercato Telematico Azionario organized and managed by Borsa Italiana S.p.A. and the share capital of Euro 246,229,850 will be divided into no. 246,229,850 ordinary shares having a par value of Euro 1 each.
Following the conversions Giovanni Agnelli e C. S.a.p.az. will hold 51.39% of the ordinary share capital issued.
For further information reference can be made to the specific notice that will be published tomorrow, June 19, 2013, pursuant to the applicable laws and regulations.