Milan
14 December 2018, 12:45 pm

Obligation to purchase the ordinary shares of Ansaldo STS S.p.A. pursuant to Article 108, paragraph 2, of the TUF to be carried out by Hitachi Rail Italy Investments S.r.l.

Publication of the information document relating to the procedure for the fulfilment of the obligation to purchase pursuant to Article 108, paragraph 2, of Legislative Decree No. 58 of February 24, 1998, as subsequently amended and supplemented (the “TUF”) promoted by Hitachi Rail Italy Investments S.r.l. on the ordinary shares of Ansaldo STS S.p.A., pursuant to Article 50-quinquies, paragraph 4, of the Regulation adopted by CONSOB with resolution No. 11971 of May 14, 1999, as subsequently amended and supplemented (the “Issuers’ Regulation”) 

 Following the notice issued on December 13, 2018, with reference to the procedure for the fulfilment of the obligation to purchase pursuant to Article 108, paragraph 2, of the TUF, to be carried out by Hitachi Rail Italy Investments S.r.l. (“HRII”) and concerning No. 17,584,681 ordinary shares of Ansaldo STS S.p.A. (the “Issuer” or “Ansaldo STS”), representing 8.792% of the Issuer’s share capital (the “Procedure”), it is hereby communicated that, on the date hereof, the information document relating to the Procedure approved by CONSOB with resolution No. 20739 of December 12, 2018 (the “Information Document”) has been published on the website of the Issuer (www.ansaldo-sts.com) and on the website of the Global Information Agent (www.morrowsodali-transactions.com).

The Information Document is also available to the public for consultation at: (i) the registered office of HRII, at Via Tommaso Gulli, 39, 20147, Milan; (ii) the registered office of the Issuer, at Via Paolo Mantovani 3-5, 16151, Genoa; (iii) the registered office of Banca IMI S.p.A., the intermediary responsible for coordinating the collection of subscriptions to the Procedure, at Largo Mattioli 3, 20121, Milan; and (iv) the registered offices of the intermediaries responsible for the collection of subscriptions to the Procedure.

As already communicated on December 13, 2018, pursuant to Article 50-quinquies, paragraph 1, of the Issuers’ Regulation, the period for the submission of sale requests in the context of the Procedure, agreed with Borsa Italiana S.p.A., will commence on December 17, 2018 (inclusive), and, unless extended, will end on January 18, 2019 (inclusive). The consideration for each share of Ansaldo STS tendered in the Procedure, equal to Euro 12.70, will be paid to the shareholders tendering in the Procedure on the fifth trading day following the end of the period for the submission of sale requests, and, therefore, on January 25, 2019 (subject to extensions), at the same time as the transfer to HRII of the ownership title of the shares tendered in the Procedure. For further details please refer to the Information Document.