Pedersoli, Shearman & Sterling and Linklaters in the option capital increase of Juventus F.C. S.p.A.

Milan, 19 December 2019 – Pedersoli Studio Legale has advised Juventus Football Club S.p.A. in the option capital increase in an overall amount of approximately 300 million Euro.

On 18 December 2019 the option offer up to 322,485,328 newly issued Juventus ordinary shares has been completed (the “Shares”). During the option offer period, started on 2 December 2019 and completed yesterday (the “Option Period”), 982,941,200 option rights have been exercised for the subscription of 314,541,184 Shares, equal to 97.54% of the total Shares offered, in an amount equal to 292,523,301.12 Euro.

The remaining 24,825,450 option rights, which have not been exercised during the Option Period (the “Rights”), which entitle to the subscription up to 7,944,144 Shares, corresponding to a percentage equal to 2.46% of the total Shares offered, in an amount equal to 7,388,053.92 Euro, will be offered on the Stock Exchange by Juventus, pursuant to art. 2441, paragraph 3, of the Italian Civil Code, in the meetings on 23, 27 and 30 December 2019, 2 and 3 January 2020, unless the offer is closed earlier in case of full sale of the Rights. In the context of the transaction BNP Paribas, Goldman Sachs International, Mediobanca and UniCredit Corporate & Investment Banking act as joint global coordinator and joint bookrunner.

Pedersoli team, composed of Carlo Re and Marcello Magro (Equity Partner), Fabrizio Grasso (Senior Associate), Federico Tallia, Alessia Castelli and Marco Sala (Associates) and Riccardo Monge (Trainee), has advised Juventus in relation to all aspects of Italian law in the capital increase and the offer.

Shearman & Sterling has advised Juventus in relation to the international law aspects with a team composed of Tobia Croff (Partner) and Carlotta Giani (Associate).

Linklaters has advised, both in relation to the public offer in Italy and the institutional placement, the pool of banks involved in the transaction with a team led by Ugo Orsini (Partner) and composed of Francesco Eugenio Pasello (Managing Associate), Matteo Pozzi (Associate) and Daniele Casà (Trainee).




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