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RWAY — Rai Way SpA News Story

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Brief: Majority Shareholder Luccini Signs Binding Deals To Promote Takeover Bid On Reway Group, Aimed At Delisting

May 18 (Reuters) - Reway SpA RWAY.MI on behalf of Luccini Srl:

SAID ON FRIDAY INVESTMENT COMPANY RENAISSANCE PARTNERS SICAV HAD SIGNED BINDING AGREEMENTS TO PROMOTE TAKEOVER BID ON TOTALITY OF REWAY'S OUTSTANDING SHARES

RP SICAV TO ACQUIRE VIA BIDCO LUCCINI'S CONTROLLING STAKE OF 64.43% IN REWAY

UPON CLOSING OF LUCCINI SALE STAKE, AGREEMENTS IN PLACE TO INCREASE BIDCO'S OVERALL STAKE OF 83.38% FROM OTHER SHAREHOLDERS

PRICE PER SHARE SET AT EUR 10.31

UPON CLOSING OF SALES, BIDCO TO PROMOTE TAKEOVER BID FOR 100% OF SHARE CAPITAL, AIMED AT DELISTING FROM EURONEXT GROWTH MILAN

 Further company coverage: RWAY.MI

 (Gdansk Newsroom)

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

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