Exor NV

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EXOR announces the pricing, with the signing taking place today, of €500 million non-convertible notes through a private placement to institutional investors.

The purpose of the issuance is to raise new funds for EXOR’s general corporate purposes.

The notes, with an issue price of 98.489% and a fixed annual coupon of 2.25% will reach final maturity on 29 April 2030.

The settlement will take place on 29 April 2020 and the notes (rated BBB+ by Standard & Poor’s) will be listed on the Luxembourg Stock Exchange for trading on the Euro MTF Market.

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Closing of the acquisition of 48.8% of the share capital of GEDI from CIR and Mercurio (Perrone family)
Agreement signed with SIA BLU and Giacaranda Caracciolo for the acquisition of a further stake in GEDI equal to 6.07% of the share capital Agreements signed to reinvest in Giano Holding in order that CIR and Mercurio will remain shareholders, each with a see-through stake of 5% in GEDI.

EXOR N.V. (“EXOR”), one of Europe’s leading family-controlled holding companies, announces that following receipt of US antitrust approval, it has completed its investment of $200 million to acquire an 8.87% shareholding on a fully diluted basis in Via Transportation Inc. (“Via” or “the Company”).

Amsterdam/Milan 3 April 2020. Following receipt of the necessary approvals from the competent authorities, including the European Commission and AgCom, CIR S.p.A. – Compagnie Industriali Riunite (“CIR”) and EXOR N.V. (“EXOR”) communicate that completion of the transaction announced on 2 December 2019, concerning the acquisition by EXOR of the shareholding equal to 43.78% of the total share capital of GEDI Gruppo Editoriale S.p.A. (“GEDI”) held by CIR, will take place on 23 April 2020 at a price of €0.46 per share, which corresponds to a total consideration of €102.4 million.

Fast-growing technology company specialises in dynamic, data-driven optimization of public mobility systems around the world