POST STABILISATION PRESS RELEASE

Ameglia (SP), 9 January 2020. Sanlorenzo S.p.A. (“Sanlorenzo”), on the basis of the information disclosed by Merrill Lynch International, acting as the stabilization agent in the context of the listing of ordinary shares by Sanlorenzo, hereby gives notice that Merrill Lynch International has undertaken stabilisation activities (as defined under Article 3, paragraph 2, letter d), of the Market Abuse Regulation (EU/596/2014) in relation to the offering of the securities as set out below.


Financial Instruments:
Issuer Sanlorenzo S.p.A.
Financial Instrument Ordinary Shares (ISIN: IT0003549422)
Offer Size 11.000.000 ordinary shares excluding the over-allotment option
Stabilisation Manager Merrill Lynch International


Pursuant to Article 6, paragraph 3, of Commission Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures, Sanlorenzo, on the basis of the information disclosed by Merrill Lynch International, hereby communicates the stabilisation purchases began on 10 December 2019, and that the last stabilisation purchase took place on 9 January 2020.

Below the latest stabilization trades undertaken:.


Date Aggregate number
of ordinary shares
purchased
Number of
transactions
Price Range
(Euro)
Trading Venue
8 January 2020 84,331 96 15.80 - 15.88 Borsa Italiana -
Mercato Telematico
Azionario
7 January 2020 27,308 32 15.802 - 15.904 Borsa Italiana -
Mercato Telematico
Azionario




Follows below the full stabilisation activity undertaken:


Date Aggregate number
of ordinary shares
purchased
Number of
transactions
Price Range
(Euro)
Trading Venue
10 december 2019 483.120 298 15,95-16,00 Borsa Italiana -
Mercato Telematico
Azionario
11 december 2019 259.554 89 15,53-16,00 Borsa Italiana -
Mercato Telematico
Azionario
12 december 2019 11.024 8 15,30-15,50 Borsa Italiana -
Mercato Telematico
Azionario
13 december 2019 9.470 52 15,20-15,32 Borsa Italiana -
Mercato Telematico
Azionario
17 december 2019 206 1 15,99 Borsa Italiana -
Mercato Telematico
Azionario
18 december 2019 18.871 19 15,85-15,95 Borsa Italiana -
Mercato Telematico
Azionario
19 december 2019 10.000 5 15,70-15,72 Borsa Italiana -
Mercato Telematico
Azionario
23 december 2019 10.000 3 15,65-15,75 Borsa Italiana -
Mercato Telematico
Azionario
7 january 2020 28.139 45 15,874 Borsa Italiana -
Mercato Telematico
Azionario
8 january 2020 84.331 96 15,80-15,88 Borsa Italiana -
Mercato Telematico
Azionario
9 january 2020 27.308 32 15,802-15,904 Borsa Italiana -
Mercato Telematico
Azionario

As communicated on 9 January 2020, on the same date, the Joint Global Coordinators Banca IMI, BofA Securities e UniCredit Corporate & Investment Banking partially exercised the greenshoe option in respect of 157,977 ordinary shares of Sanlorenzo S.p.A.

The institutional offering, including the greenshoe shares, comprised a total of 11,157,977 ordinary shares of Sanlorenzo S.p.A., corresponding to approximately 32.3% of its share capital.

This press release is issued also on behalf of Merrill Lynch International pursuant to Article 6, paragraph 2, of Commission Delegated Regulation (EU) 2016/1052.




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