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ELES Eles Semiconductor Equipment SpA News Story

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Brief: Mare Group Converts Eles Bid To Mandatory From Voluntary

Dec 9 (Reuters) - Mare Group SpA MARE.MI:

SAID ON MONDAY ASKED CONVERSION OF ELES' BID TO MANDATORY FROM VOLUNTARY

WAIVED OFFER CONDITIONS

AS OF TODAY, MARE GROUP HOLDS 5,431,480 ELES ORDINARY SHARES, EQUAL TO 28.65% OF VOTING RIGHTS

COMBINED WITH SHARES HELD BY MASSIMILIANO BELLUCCI (ACTING IN CONCERT WITH THE COMPANY), AMOUNT TO 5,510,882 SHARES, EQUAL TO 30.11% OF VOTING RIGHTS

ALL OTHER TERMS, PROCEDURES OF OFFER REMAIN UNCHANGED

 Further company coverage: MARE.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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