Braga Moro Sistemi Di Energia S.p.a.MIL: BRM

Power Conversion Holding Launches Takeover Bid For 100% Of Shares In Braga Moro, Aimed At Delisting

· Issued by Braga Moro Sistemi Di Energia S.p.a.

Braga Moro Sistemi di Energia SpA MIL:BRM on behalf of Power Conversion Holding SrL:

  • LAUNCHES VOLUNTARY TAKEOVER OFFER FOR TOTALITY OF SHARES IN BRAGA MORO

  • OPERATION AIMED AT DELISTING BRAGA MORO FROM EURONEXT GROWTH MILAN

  • OFFER PRICE SET AT 6.91 EUR PER SHARE

  • OFFER PRICE REPRESENTS PREMIUM OF 89.8% FROM CLOSING PRICE ON MAY 28, 2026

  • MAXIMUM COUNTERVALUE OF OFFER SET AT AROUND EUR 7.2 MILLION

  • TRANSACTION TO BE PARTIALLY FUNDED BY BANK FINANCING FROM BANCA FINANZIARIA INTERNAZIONALE

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