DHH successfully finalizes acquisition of minority stakes in Connesi

Milan, 28 September 2023. DHH S.p.A. (“DHH” or the “Company”) (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622) announces to have completed today the acquisition of the minority stakes in Connesi SpA (“Connesi”). The first step of the transaction was completed with the purchase of the first stake of 69,15% of the share capital of Connesi, as detailed in the press release of 28 July 2022. The second step of the transaction – the purchase of the remaining stake of 18,35% of the share capital of Connesi from Raffaele Casali, Inarco Ammenti, Manuela Salvi, and Fabbrica Multimediale Srl – was completed today in advance of the expected time (90 days from the approval of the financial statements for the year 2025). Connesi also owns 12,50% of treasury shares. The purchase price of the minority stakes in Connesi – approximately 2,8M EUR – was paid entirely in cash through the credit line serving acquisitions active with Intesa Sanpaolo SpA.