Share Capital

The Share Capital is Euro 22,564,042.9 divided into 18,142,929 Ordinary Shares (ISIN IT0005215329), 1,200,000 unlisted Redeemable Shares (ISIN IT0005345530), 3,500,000 unlisted Multiple Voting Shares (ISIN IT0005345522) and 100,000 unlisted Special Shares (ISIN IT0005215345) with no nominal value. There are 4,849,478 outstanding Warrants (ISIN IT0005215337) and 4,000,000 unlisted Original FF Shareholder Warrants (ISIN IT0005345415).

Fine Foods & Pharmaceuticals N.T.M. S.p.A. Ordinary Shares and Warrants are listed on the AIM Italia/Mercato Alternativo del Capitale multilateral trading system, which is organised and managed by Borsa Italiana S.p.A., under a Borsa Italiana S.p.A. Notice dated 17 October 2016. Trading began on 19 October 2016.  On 1 October 2018, the merger between Fine Foods and Pharmaceuticals N.T.M.  S.p.A. and Innova Italy 1 S.p.A became effective and the financial instruments’ name was changed from Innova Italy 1 S.p.A. to Fine Foods and Pharmaceuticals N.T.M. S.p.A..

Significant Shareholders

Under the AIM Italia/Mercato Alternativo del Capitale, Issuers’ Regulation, organised and managed by Borsa Italiana S.p.A., shareholders holding more than five per cent of the Fine Foods and Pharmaceuticals N.T.M. S.p.A. share capital with voting rights are as follows:

Shareholder

percentage of the share capital with voting rights
Marco Francesco Eigenmann

(also through Eigenfin s.r.l.)

65,77%

Based on communications received from Fine Foods & Pharmaceuticals N.T.M. S.p.A., under the applicable regulations, the following table shows the other shareholders, other than those above, who hold more than five per cent of the outstanding ordinary shares.

Shareholder

% of total ordinary shares
Inarcassa

5,604%

Cassa Forense

5,604%

The information on financial statements and documents in the IR section is made available under article 26 of the AIM Issuers’ Regulations and disseminated using the 1Info SDIR system (www.1info.it) managed by Computershare S.p.A. with its registered office in Via Lorenzo Mascheroni, 19, Milan.

On 22 February 2019, Borsa Italiana S.p.A. issued notice no. 3447, defining:

Regulation amendments governing the disclosure of shares held by significant shareholders if multi-voting shares are issued. This came into force on 15 April 2019

Regarding Issuers’ regulations during transfers to the main market, if multi-voting shares were issued, we point out that the reference to Consob regulations on ownership structure lacked relevant information on the number of ordinary shares relevant to calculate the floating value. Under Consob regulations, shareholdings are calculated based on the number of voting rights of the notified shares. Significant shareholders are requested to report the number of ordinary shares and the number of voting rights.

If multi-voting shares are issued, even a five per cent shareholder of ordinary shares is required to send the notification.

This administrative burden allows an overall increase in transparency following other European regulations and does not penalise the issuer during the transfer to the main market.