Informazione
Regolamentata n.
0153-141-2026Data/Ora Inizio Diffusione 5 Ottobre 2026 07:04:19Euronext Milan
Societa' :WEBUILD
Utenza - referente :IMPREGILON07 - Marotti Pamela
Tipologia :2.2
Data/Ora Ricezione :5 Ottobre 2026 07:04:19 Data/Ora Inizio Diffusione :5 Ottobre 2026 07:04:19
Oggetto :VOLUNTARY FULL PUBLIC TENDER OFFER
FOR THE ORDINARY SHARES OF TREVI-
FINANZIARIA INDUSTRIALE LAUNCHED BY
WEBUILD. 9,125,702 TREVI SHARES,
CORRESPONDING TO 13.916% OF THE
SHARE CAPITAL, WERE ACQUIRED AT
EURO 5.165 PER SHARE
Testo del comunicato
Vedi allegato
PRESS RELEASE
VOLUNTARY FULL PUBLIC TENDER OFFER FOR THE ORDINARY SHARES OF TREVI -FINANZIARIA
INDUSTRIALE LAUNCHED BY WEBUILD
9,125,702 TREVI SHARES, CORRESPONDING TO 13.916% OF THE SHARE CAPITAL, WERE ACQUIRED
AT EURO 5.165 PER SHARE
WEBUILD REACHES 18,91% OF TREVI’S SHARE CAPITAL
Notice pursuant to Article 41(2)(c) of the regulations adopted by CONSOB by Resolution No. 11971 of 14 May 1999, as subsequently amended and supplemented Milan, October 5, 2026 – In the context of the voluntary all -share public takeover bid (the “Offer ”) for the ordinary shares of Trevi- Finanziaria Industriale S.p.A. (“ Trevi ”) launched by Webuild S.p.A.
(“Webuild ”), Webuild announces - pursuant to Article 41(2)(c) of the Issuers’ Regulations - that it has reached an agreement to acquire from Praude Asset Management Limited, acting as investment manager and in the name and on behalf of Hermes Linder Fund SICAV (on behalf of the Hermes Linder Fund sub -fund), Praude Funds ICAV (on behalf of the Praude Total Return Fund and Praude Micro and Small Cap Fund sub -funds) and Veniero Holdings Limited, of a total of 9,125,702 ordinary shares in Trevi (ISIN code IT0005709909), representing 13.916 % of the share capital, at a price of Euro 5.165 per share and for a total value of Euro 47,134,250.83, through Intermonte SIM S.p.A.
Settlement of the transaction is scheduled for October 7, 2026, the second trading day following today’s date.
Following the transaction, Webuild will hold a total of 12,403,382 Trevi ordinary shares, representing approximately 18.91% of the share capital and voting rights (this will be disclosed in accordance with Article 120 of the Consolidated Law on Finance wit hin the statutory terms ).
*** As the purchase was made at a price higher than the consideration offered under the Offer, pursuant to Articles 42(2) and 44(8) of the Issuers’ Regulations, all participants in the Offer (including those who had already accepted it) will be paid a consideration of Euro 5.165 per share.
With regard to the Offer, Webuild also announces that:
• following the completion of the transaction described above, the number of Offer Shares (as defined in the Offer document, the “ Offer Document ”) is 53,174,834;
• the Offer m aximum payout (“Esborso Massimo ”, as defined in the Offer Document), based on the new per -share consideration referred to above, amounts to Euro 274,648.017.61 and Webuild has obtained from the lenders indicated in the Offer Document the financial commitment to cover the maximum payout as set out above, activating the underlying credit THIS DOCUMENT MUST NOT BE DISCLOSED, PUBLISHED, OR DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY
OR INDIRECTLY, IN ANY COUNTRY WHERE SUCH DISCLOSURE, PUBLICATION, OR DISTRIBUTION WOULD
CONSTITUTE A VIOLATION OF APPLICABLE LAWS OR REGULATIONS IN THAT JURISDICT ION
facilities supporting the cash confirmation letter relating to the Offer for the amount indicated
above ;
• a new Offer adherence form, amended as a result of the increase in the c onsideration, will be made available to the public; provided that any subscription to a previous version of the adherence f orm shall be deemed a valid acceptance of the Offer on the terms set out in this press release.
*** This press release and all documents relating to the Offer will be made available, amongst other places, on the websites https://www.webuildgroup.com/it/investitori/opa -trevi and https://www.webuildgroup.com/en/investor -relations/opa- trevi *** This notice does not constitute, nor is it intended to constitute, an offer, invitation or solicitation to buy or otherwise a cquire, subscribe for, sell or otherwise dispose of financial instruments, and no sale, issue or transfer of financial instruments of Trevi Finanziaria Industriale S.p.A. will take place in any country in breach of the applicable legislation there. The Offer is made by means of the publication of the relevant document, approved by CONSOB. The offer document contains a full description of the terms and conditions of the Offer, including the procedures for acceptance. The publication or distribution of this notice in countries other than Italy may be subject to restrictions under applicable law; therefore, any person subject to the laws of any country other than Italy is required to independently seek information regarding any restrictions imposed by applicable regulations and to ensure compliance with them. Any failure to comply with such restrictions may constitute a breach of the applicable legislation of the relevan t country. To the fullest extent permitted by applicable law, the parties involved in the Offer shall be deemed exempt from any liability or adverse consequences that may arise from a breach of the aforementioned restrictions by the relevant persons . This notice has been prepared in accordance with Italian law, and the information disclosed herein may differ from that which would have been disclosed had the notice been prepared in accordance with the laws of countries other than Italy. No copy of thi s notice or any other documents relating to the Offer shall be, nor may be, sent by post or otherwise transmitted or distributed to or from any country where the provisions of local law may give rise t o civil, criminal or regulatory risks should informatio n concerning the Offer be transmitted or made available to shareholders of Trevi Finanziaria Industriale S.p.A. in that country or other countries where such conduct would constitute a breach of the relevant laws, and any person receiving such documents (including custodians, trustees or trustees) is required not to post o r otherwise transmit or distribute t hem to or from any such country. The content of this notice is for information purposes only and is provisional; it must not be construed as investment advice. The statements contained herein have not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, correctness or reliability of the information contained herein. Neither Webuild S.p.A. nor any of its representatives nor its controlling shareholders, whether direct or indirect, shall accept any liability (whether f or negligence or otherwise) arising in any way in connection with this information or in connection with any loss arising from i ts use or otherwise arising in connection with this notice. By accessing this notice, you agree to be bound by the above limitat ions.
*** Webuild is a global leader in the construction of large -scale, complex infrastructure projects for sustainable mobility, hydroelectric power, water management and production, and green building. This position is also recognised by the rankings of and ENR (Engineering News -Record), leading publications in the construction sector, which in 2026 confirmed Webuild as the world leader in the Water sector and ranked it amongst the top ten global operators in the Transportation sector. Webuild contributes to the construction of projects that transform regions and communities, generating long- term economic, social and environmental value. Operating in around 50 countries with a workforce of over 85,000 people, comprising both direct empl oyees and third- party staff, the Group can draw on over 120 years of history and more than 3,700 completed projects.
Its track record includes 13,686 kilometres of railways, 895 kilometres of underground railways, 82,708 kilometres of roads and motorways, 1,023 kilometres of bridges and viaducts, 3,466 kilometres of tunnels and 320 dams and hydroelectric power
stations. Webuild has delivered some of the world’s most iconic projects, including the Grand Ethiopian Renaissance Dam (GERD), the expansion of the Panama Canal, the Long Beach International Gateway in the United States, the Second Bosphorus Bridge in Tur key and the Riachuelo environmental remediation project in Argentina. It has also contributed to the development of advanced urban mobility systems in major international capitals, including Copenhagen, Paris, Rome, Milan, Naples, Doha, Thessaloniki and Riyadh. The Group is currently involved in the construction of some of the most strategic infrastructure projects in Italy and around the world, including the New Outer Breakwater in Genoa, the Brenner Base Tunnel, the Lombardy Foothills Motorway, Line C of the Rome Metro, sections of the high- speed and high- capacity railway lines between Genoa and Milan, Verona– Padua, Naples –Bari, the New Palermo –Catania– Messina Route, as well as projects such as the Snowy 2.0 hydroelectric plant in Australia and significant sections of the Grand Paris Express in France and the Riyadh Metro in Saudi Arabia. As at 31 December 2025, the Group recorded total revenue of €13.6 billion. As at 30 June 2026, the total order book stood at €53.7 billion, with over 95 per cent of the construction backlog relating to projects aligned with the United Nation s Sustainable Development Goals. Headquartered in Italy and subject to the management and coordination of Salini Costruttori S.p.A., Webuild is listed on the Milan Stock Exchange (WBD; WBD.MI; WBD:IM).
Further information is available at www.webuildgroup.com
Contacts:
Media Relations Investor Relations Francesca Romana Chiarano Amarilda Karaj Tel. +39 02 444 22 147 Tel: +39 06 6776 26975 email: f.chiarano@webuildgroup.com email :a.karaj@webuildgroup.com
Fine Comunicato n.0153-141-2026 Numero di Pagine: 5