Milan, 15 November 2007 – Today the Il Sole 24 ORE Group received the go-ahead from the CONSOB (the Italian securities & exchange commission) for publication of the prospectus concerning the Public Offer for Subscription and listing on the Milan Bourse of the Company’s special-category shares. The listing admission ordinance was issued by Borsa Italiana SpA on 12 November 2007.
Mediobanca and UBS Investment Bank are acting as Co-ordinators of the Global Offer of subscription and as Joint Bookrunners.
BNP Paribas, Citi, Goldman Sachs, Banca IMI, Lehman Brothers, Merrill Lynch, and Unicredit have the role of Joint Bookrunners.
Mediobanca is Sales Agent for the Public Offer and Sponsor.
Banca IMI, BNL, and Mediobanca and Unicredit are Joint Lead Managers of the Public Subscription Offer.
Morgan Stanley plays the role of advisor to the Issuer.
The Issuer’s legal advisors are Chiomenti Studio Legale and Shearman & Sterling, while Clifford Chance is legal advisor of all banks in the syndicate.
KPMG is the independent auditor.
For further information:
Press Office, Il Sole 24 ORE:
Ginevra Cozzi -Tel. +39 02/3022.4945 – Cell. +39 335/1350144
Fabio Marando – Cell. +39 329/4605000
Laura La Ferla - Cell. +39 329/4705000
This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Il Sole 24 ORE SpA does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States, Australia, Canada and Japan. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan. There will be no public offer of securities in the United States, Australia, Canada or Japan.