PRESS RELEASE TIP BOND 2025-2029
Notice on issue and start of trading of the fungible bond, to be consolidated, with the bond denominated "€290,500,000 4.625 per cent. Bonds due 21 June 2029"
Bonds issue resolution made available
Tamburi Investment Partners S.p.A. ("TIP" - tip.mi), an independent and diversified industrial group listed on the Euronext STAR Milan segment of Borsa Italiana S.p.A., which invests in excellent entrepreneurial companies, following the press release dated 9 June 2025, hereby announces today the issuance of the non-convertible, unrated, unsubordinated and unsecured bonds (the "Bonds") for an aggregate principal amount of Euro 110 million.
Starting from today, the Bonds have commenced to trading on the regulated market Mercato Telematico delle Obbligazioni (MOT), organized and managed by Borsa Italiana S.p.A., as well as on the Regulated Market of the Official List of the Irish Stock Exchange - Euronext Dublin. The trading occurs under the temporary ISIN code XS3078563874 (the "Temporary ISIN") until the Temporary ISIN is automatically converted and the Bonds are consolidated with the bonds denominated "€290,500,000 4.625 per cent. Bonds due 21 June 2029" (ISIN XS2799786848) (the "Original Bonds"), which will take place no earlier than 40 days after today.
Following the conversion of the Temporary ISIN, the newly issued Bonds will become fungible with the Original Bonds currently outstanding.
Further information regarding the Bonds is provided in the prospectus available on the Company's website (https://www.tipspa.it/en) under section Investor Relations/TIP Bonds 2025-2029/Other documents and on the Euronext Dublin website (https:\live.euronext.com/).
The Bonds issue resolution (determina) is available at TIP's registered office, on the TIP's website (https://www.tipspa.it/en) under section Investor Relations/TIP Bonds 2025-2029/Other documents as well as through the authorised storage mechanism 1Info Storage (https://www.1info.it).
Milan, 20 June 2025
TIP - TAMBURI INVESTMENT PARTNERS S.P.A. IS AN INDEPENDENT AND DIVERSIFIED INDUSTRIAL GROUP WITH THAT INVESTED, AMONG DIRECT INVESTEMENTS AND/OR CLUB DEALS, MORE THAN 5 BILLION EURO (AT TODAY VALUES) IN
companies defined as "excellent" from an entrepreneurial point of view and with a long-term approach, of strategic support and growth in value. tip currently has direct or indirect interest in listed and unlisted companies including: Alpitour, Amplifon, Apoteca Natura, Asset Italia, Azimut Benetti, BasicNet, Bending Spoons, Beta Utensili, Chiorino, Dexelance, DoveVivo, Eataly, Elica, Engineering, Hugo Boss, Interpump, Itaca, Landi Renzo, Limonta, Lio Factory, Moncler, Mulan, OVS, Roche Bobois, SESA, StarTIP and Vianova.
CONTACTS: ALESSANDRA GRITTI
MANAGING DIRECTOR - INVESTOR RELATOR
T. 02 8858801 EMAIL: GRITTI@TAMBURI.IT
This press release is also available on the company's website https://www.tipspa.it and disclosed by the 1Info SDIR and 1Info Storage system (https://www.1info.it).
IMPORTANT INFORMATION
This announcement is not intended for publication, distribution, or transmission, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the United States, and the District of Columbia), Canada, South Africa, Australia, or Japan, or any other jurisdiction where the publication of this press release would be prohibited. The distribution of this press release may be restricted by law in certain jurisdictions, and persons in possession of this document or other information referred to herein must inform themselves and comply with such restrictions. Failure to observe these restrictions may constitute a violation of applicable securities laws in certain jurisdictions. The financial instruments referred to in this document have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration or pursuant to an applicable exemption.
Neither this document nor the information contained herein constitutes or forms part of an offer to sell or a solicitation of an offer to purchase financial instruments in the United States. This press release has been prepared on the basis that any offer of financial instruments under the Prospectus Regulation in the United Kingdom and in any Member State of the European Economic Area, except in the case of a public offer in Italy based on an English-language prospectus approved by the Central Bank of Ireland (CBI) and passported into Italy in accordance with applicable regulatory provisions, together with the Italian translation of the summary note, will be made pursuant to an exemption from the requirement to publish a prospectus for the offering of financial instruments as provided under the Prospectus Regulation. The term "Prospectus Regulation" refers to Regulation (EU) 2017/1129 (as amended, together with any delegated acts and implementing measures) and Regulation (EU) 2017/1129 as incorporated into UK national law under the European Union (Withdrawal) Act 2018 (the "EUWA"). This document does not constitute a prospectus under the Prospectus Regulation.
In the United Kingdom, this communication and any investment activity to which it relates are made available exclusively to qualified investors under the Prospectus Regulation as incorporated into UK national law under the EUWA, who are: (i) "professional investors" within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order of 2005, as amended (the "Order"), or (ii) entities falling within Article 49(2)(a) to (d) of the Order (high-net-worth companies, unincorporated associations, etc.), or (iii) persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any financial instruments may otherwise lawfully be communicated or transmitted under the Order (collectively referred to as "Relevant Persons"). In the United Kingdom, this communication is directed exclusively at Relevant Persons and must not be used or relied upon by anyone who does not meet the definition of Relevant Persons.
Neither Equita SIM S.p.A. nor Banca Akros S.p.A., nor their respective directors, officers, employees, advisers, or representatives, assume any responsibility of any kind or make any representation or warranty, express or implied, as to the truthfulness, accuracy, or completeness of the information relating to TIP, its subsidiaries, or its affiliates, nor for any loss arising from the use of this communication or its contents, or in connection with it.
Solely for the purposes of the product governance obligations provided for: (a) in Directive 2014/65/EU on markets in financial instruments, as amended ("MiFID II"); (b) in Articles 9 and 10 of Delegated Directive (EU) 593/2017 supplementing the MiFID II directive; and (c) in national implementing measures (together, the "MiFID II Product Governance Obligations"), and disclaiming any liability arising under contract, tort, or otherwise to any "manufacturer" (as defined under the MiFID II Product Governance Obligations) in relation to such obligations, the Bonds have been subject to a product approval process, which has identified the Bonds as: (i) compatible with a final target market of retail investors as well as investors meeting the requirements of "professional clients" and "eligible counterparties," each as defined under MiFID II; and (ii) suitable for all distribution channels for the Bonds to eligible counterparties and professional clients (the "Target Market Assessment").
It should be noted that the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, purchase, or undertake any transaction in the Bonds. Any person subsequently offering, selling, or recommending the Bonds (a "distributor") should consider the manufacturer's Target Market Assessment. Each distributor is responsible for carrying out its own target market assessment in relation to the Bonds (by adopting or refining the manufacturer's Target Market Assessment) and determining appropriate distribution channels.