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Wednesday, March 4th, 2026

Ferretti International Holding S.p.A. Purchases Shares in Ferretti S.p.A. – Disclosure Under Hong Kong Takeovers Code 1

Key Points for Investors

  • Large Share Purchase: On 3 March 2026, Ferretti International Holding S.p.A. purchased 240,063 shares of Ferretti S.p.A.
  • Purchase Price: The shares were acquired at a price of \$33.2410 per share.
  • Resultant Holding: Following this transaction, Ferretti International Holding S.p.A. holds a total of 132,414,790 shares in Ferretti S.p.A.
  • Percentage of Share Class: This holding represents 39.1201% of the total share class.
  • Nature of the Deal: The transaction was made for the account of Ferretti International Holding S.p.A. and not on behalf of others.

Important Details for Shareholders

  • Associate Status: Ferretti International Holding S.p.A. is designated as a Class (6) associate of the Offeree company (Ferretti S.p.A.) due to its substantial holding of ordinary shares.
  • Ownership Structure: Ferretti International Holding S.p.A. is ultimately owned by Shandong Heavy Industry Group Co., Ltd.
  • Disclosure Requirement: The transaction was disclosed under Rule 22 of the Hong Kong Code on Takeovers and Mergers, indicating its significance under takeover and merger regulations.

Potential Price-Sensitive Implications

  • Significant Stake Increase: The purchase further consolidates Ferretti International Holding S.p.A.’s position as a major shareholder, now holding over 39% of the company’s shares. Such a significant increase in stake by a single entity could be seen as a signal of confidence in the company’s prospects and may lead to speculation about future corporate actions, including potential takeovers or changes in control.
  • Partial Offer Context: The disclosure comes in the context of a “partial offer,” which may indicate ongoing or upcoming corporate developments that could materially affect the share price. Investors should closely monitor further announcements for any developments regarding the offer structure or intentions behind the increased holding.
  • Market Impact: The purchase price of \$33.2410 per share could provide a reference point for market participants in assessing the current valuation and potential upside or downside to Ferretti S.p.A.’s stock.

Conclusion

The substantial acquisition of Ferretti S.p.A. shares by Ferretti International Holding S.p.A., under the ownership of Shandong Heavy Industry Group, represents a potentially price-sensitive event. The increase in ownership to over 39% could influence future corporate strategies, voting power, and potentially trigger further market activity.


Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a qualified financial advisor before making investment decisions. The information is based on public disclosures as of 4 March 2026 and may be subject to change.

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