Mandatory public offer to buy, under Articles 102 and 106, paragraph 1, of Legislative Decree no. 58 of 24 February 1998, ordinary shares issued by Iride S.p.A. (the "Offer"), promoted by Finanziaria Sviluppo Utilities S.r.l. (the "Offeror")
The Offer is only being made in Italy, since the shares for which the Offer is being made is only listed on the screen-based stock market Mercato Telematico Azionario organized and managed by Borsa Italiana S.p.A..
The text of the Offer is published in this web-site.
The acceptance of the Offer by persons resident in Countries other than Italy may be subject to specific legal or regulatory obligations. Addressees of the Offer are solely responsible for complying with such obligations and therefore for establishing their existence and applicability before acceptance by consulting their own advisors.
The Offer has not been, and will not be, made either directly or indirectly in the United States of America, in their territories or possessions or in any other area under the jurisdiction of the United States of America - or addressed to any "United States Person" (as defined in Regulation S issued by the Securities and Exchange Commission, under the Securities Act of 1933 as subsequently amended) - in Australia, Japan, Canada and any other country in which such distribution is not permitted in the absence of authorization by the relevant authorities (jointly and severally, the "Other Countries"), nor through post office services or any other international means or instrument of communication or trade (including, as examples and not restrictively, post, fax, telex, e-mail, telephone and internet) in the United States of America and the Other Countries, nor through any structure whatsoever, or any regulated domestic United States market, nor in any other way, and the Offer may not be accepted through these means either in or from the United States of America or in or from the Other Countries.
No "United States person" (as defined above), nor any party on behalf of, or in the interests of, a "United States person" may accept the Offer. Copies of the offer document ("Offer Document") and/or copies of any other document the Offeror issues in connection with the Offer has not been, and must not be, sent or transmitted in any way, or in any way distributed, in (or from) the United States of America or in (or from) the Other Countries.
Whoever receives such documents (including, as examples and not restrictively, guardians, fiduciaries and trustees) must not distribute, send or transmit them (either by post or by any other international means or instrument of communication or trade) to (or from) the United States of America or in (or from) the Other Countries. Whoever finds himself in possession of such documents must refrain from distributing, sending or transmitting them either in (or from) the United States of America in (or from) the Other Countries and must also refrain from using post office services or any other means or instrument of international communication or trade in the United States of America or the Other Countries for any purpose connected with the Offer.
The Offer Document does not constitute, and may not be interpreted as, an offer addressed to persons resident in the United States of America or in the Other Countries. By signing the Acceptance Forms the Acceptors certify that they are not "United States persons" (as defined above) and are not acting on behalf or in the interests of a "United States person" (as defined above).
Only acceptances of the Offer that conform to the above conditions will be accepted, and any acceptances of the Offer that are in breach of the above conditions will not be accepted. Such acceptance will not be considered from the Offeror either as valid or as effective.
Any person who intends to read the Offer Document must read carefully the above and the legal information present in the web site www.gruppo-iride.it and, by selecting "I ACCEPT", represents and warrants to have read and fully understood the legal information present in the web site www.gruppo-iride.it., not to be resident and not to be in the United States of America, Canada, Japan or Australia or in any of the Other Countries and to have read, fully understood and undertaken to respect the limitations on the Offer.