KKCG Maritime Launches Partial Tender Offer for Ferretti S.P.A. (09638.HK, YACHT); Consob Suspends Review

Bulletin Express
02/11

KKCG Maritime announced on 19 January 2026 a voluntary conditional partial public tender offer to acquire up to 52,132,861 shares of Ferretti S.P.A. (09638.HK, YACHT), representing 15.4% of Ferretti’s subscribed and paid-in share capital. According to an announcement by Azúr a.s. dated 10 February 2026, the relevant offer document was filed with Consob and the Executive on 29 January 2026.

On 9 February 2026, Consob requested additional information from KKCG Maritime, suspending the 15-day review period of the offer document with immediate effect. This suspension may last for no more than 15 days from 9 February 2026. Upon the provision of the requested details, the remaining four days of the standard 15-day review period will resume. The announcement notes that this development does not affect the Executive’s review of the offer under the HK Takeovers Code.

The document reiterates that Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited, and the respective directors of KKCG Maritime, KKCG Group AG, as well as Azúr a.s., assume no liability for any inaccuracies or omissions. The directors jointly and severally accept responsibility for the information's accuracy and confirm there are no other facts whose omission would render any statement misleading. In the event of inconsistencies between the Italian/English text and the Chinese text of the announcement, the Italian/English text will prevail.

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