NOTE: These written materials are not for distribution in the United States, Canada, Australia or Japan. The information contained herein does not constitute an offer of securities for sale in the United States, Canada, Australia or Japan. The securities may not be offered or sold in the United States unless they are registered under applicable law or exempt from registration. The Company does not intend to register any portion of the Offering in the United States or to conduct a public offering of securities in the United States. No money, securities or other consideration is being solicited and, if sent in response to the information contained herein, will not be accepted.
Amaro (UD), 18 July 2006
The offer in option of new shares related to Eurotech S.p.A. capital increase, approved by the Board of Directors held on 22 June 2006, pursuant to the mandate to them by the Company Extraordinary Shareholders' Meeting held on 5 June 2006, has been concluded with total success.
During the pre-emption period, started on 26 June and ended on 14 July 2005, n. 18.505.180 option rights were exercised and n. 15.729.403 ordinary shares ? i.e 99,36% of the offer -were subscribed at the price of 6.9 Euros each, for an amount of approximately 108,5 million Euro.
N. 120.100 option rights - corresponding to n. 102.085 shares, with no nominal value and ranking for dividends pari passu, on the basis of 17 new ordinary shares for every 20 option rights at a price of 6.9 Euro per new share - were not subscribed.
The shareholder-managers of the company, namely Mr Siagri, Mr Feragotto, Mr Mauri and Mr Tecchiolli, along with the other shareholders The S.r.l. and Friulia S.p.A. and the company's other founding partners Mr Chiandussi and Mr Pezzulli, subscribed n. 1.892.330 new shares, corresponding to the 11,95% of the offer.
These rights will be offered on the Milan Stock Exchange on the Company's behalf by Mediobanca ? Banca di Credito Finanziario SpA in the trading sessions of 21, 24, 25, 26 and 27 July 2006. In the first session, the overall amount of the rights will be offered; in the following sessions, the amount not placed in the previous days will be offered. Subscription of the related new ordinary shares will have to be done by 28 July 2006, otherwise the right will decay.
The executive summary and information prospectus are available at the headquarters of Eurotech S.p.A. located at in Via Jacopo Linussio 1, Amaro, province of Udine, North-East Italy, of Milan Stock Exchange, located in Piazza degli Affari 6, Milan, and on its website at www.eurotech.com.