Ferretti, Kkcg's partial tender offer starts on 16 March

Kkcg Maritime has published the document regarding the voluntary partial tender offer on up to 52,132,861 shares in Ferretti, with the intention of increasing its stake from 14.5% to 29.9% of the capital.

The duration of the acceptance period was agreed with Borsa Italiana and the Executive (SFC) from 16 March to 13 April 2026. The offer price is set at EUR 3.50 per share. Upon completion of the offer, Kkcg Maritime intends to exercise its voting rights, as increased as a result of the partial voluntary tender offer, to support the election of its proposed candidates for the renewal of the board of directors at the upcoming annual shareholders' meeting of Ferretti.

Kkcg Maritime is a wholly owned subsidiary of Kkcg, a European group founded by entrepreneurKarel Komárek. The group has been a shareholder in Ferretti since its listing on Euronext Milan in 2023. "This offer represents the next step in our long-term investment in Ferretti," says Komárek, founder and chairman of the board of Kkcg. "It constitutes," he adds, "an attractive proposal for shareholders and underlines our commitment to Ferretti's future growth and development. By increasing our stake and through adequate representation on the board of directors, we believe we can contribute to defining a more efficient governance structure'. The offer is not aimed at delisting Ferretti shares and will not result in Kkcg Maritime exceeding the 30 per cent threshold.