EssilorLuxottica: Luxottica acquires 90.9% of Giorgio Fedon











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(Boursier.com) — With reference to the press release issued on April 11, and in execution of the preliminary sale and purchase agreement entered into on the same day between Luxottica Group SpA, a company managed by Essilorluxotticaand the main shareholders of the Company (CL & GP Srl, Piergiorgio Fedon, Sylt Srl, Italo Fedon, Laura Corte Metto, Francesca Fedon, Roberto Fedon, Flora Fedon and Rossella Fedon), as well as with other shareholders, Luxottica and the sellers announce today the acquisition by Luxottica of 1,727,141 ordinary shares of Giorgio Fedon & Figli SpA, listed on Euronext Growth Milan, the market organized and managed by Borsa Italiana SpA, representing 90.9% of the capital share capital of the Company, at a price of 17.03 euros per share purchased, for a total amount of approximately 29.4 million euros.

It should be noted that as of today – following the acquisition by Luxottica of the Stake – the legal and regulatory provisions provide for the obligation for Luxottica to launch a mandatory takeover bid for the ordinary shares of the Company in circulation. The mandatory takeover bid in question will be carried out by Luxottica Group SpA on 151,721 ordinary shares of Giorgio Fedon & Figli SpA, i.e. on all the ordinary shares of the issuer in circulation to date, less the 1,727,141 ordinary shares already held by Luxottica (representing 90.9% of the share capital of the issuer to date) as well as the 21,138 treasury shares of the Company (representing approximately 1.11% of the share capital).


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