Trawell Co S.p.a. MIL:TWL
TraWell Co: Share Consolidation - Valuation of fractional shares.
Source: MarketScreener
Gallarate, July 6, 2026. TraWell Co S.p.A. (Borsa Italiana, Ticker: TWL), a global leader in baggage protection, luggage storage, travel products and ancillary services for travellers ("TraWell" or the "Company"), announces that, following the execution of the share consolidation transaction approved by the Shareholders' Meeting on 8 June 2026 (see previous press releases dated 8 June 2026 and 1 July 2026), it has today filed with the Companies Register of Varese the change in the number of shares outstanding (while the share capital remains unchanged) and the related updated Articles of Association.
In particular, following the cancellation without reimbursement of 1 (one) ordinary share made available by the majority shareholder RG Holding S.r.l., the consolidation results in the reduction of the shares outstanding (ISIN code IT0005378325; coupon no. 3) into 503,742 newly issued ordinary TraWell Co shares, also with no express indication of nominal value (ISIN code IT0005717571; coupon no. 1), having the same characteristics as the ordinary shares already issued, at a ratio of 1 new ordinary share for every 5 existing ordinary shares (the "Consolidation").
The Company further announces that the official price of TraWell ordinary shares recorded on Euronext Growth Milan on 3 July 2026, used to value the fractions generated by the application of the Consolidation ratio, is Euro 4.94.
It is also specified that, following the consolidation of the "TraWell Co 2021-2026 Warrants" (ISIN code IT0005446726) and the consequent cancellation without reimbursement of 4 (four) "TraWell Co 2021-2026 Warrants" made available by the majority shareholder RG Holding S.r.l., the "TraWell Co 2021-2026 Warrants" currently outstanding amount to 3,681,035.
Below is the T1 form provided for under the Euronext Growth Milan procedures for capital transactions:
The effect of the above changes on the Company's shareholding structure will be published on the Company's website in the Shareholding Structure section.
The following documents have been made available in the dedicated section of the Company's website, (together with this press release), as well as on the Borsa Italiana website under the "Shares/Documents" section:
Updated Articles of Association;
Updated Regulations governing the TraWell Co 2021-2026 Warrants;
Updated KID relating to the TraWell Co 2021-2026 Warrants.
About TraWell Co.
TraWell Co. S.p.A. (Borsa Italiana, Ticker: TWL) è il leader globale nel servizio di protezione dei bagagli negli aeroporti, con un portafoglio di servizi e prodotti che include avvolgimento bagagli, deposito bagagli, articoli da viaggio, servizi al passeggero e il servizio di Lost Luggage Concierge fornito da Sostravel.com. Quotata sul segmento Euronext Growth Milan dal 2013, la Società opera in 13 paesi, 49 aeroporti e 129 punti vendita, con oltre 200 dipendenti. Fondata nel 1997, TraWell Co beneficia della crescita strutturale del traffico aereo globale e della spesa per servizi di sicurezza e benessere del viaggiatore.
For more information
Contatto | Riferimento |
TraWell Co. S.p.A. - Investor Relations | |
Investor Relations Advisor | Edoardo Zarghetta |
Euronext Growth Advisor | Corporate Family Office SIM S.p.A. |
Sito | https://www.trawellco.com |