MILAN (AIMnews.it) - Relatech announces that the First Exercise Period of the "Relatech Warrants 2019-2022" has ended, ISIN code IT0005373292, included between 15 May 2020 and 22 May inclusive. During this period, no. 2,941,414Warrants and consequently subscribed at a price of Euro 2.36 per share (in the ratio of 1 ordinary share for every 2 Warrants exercised) no. 1,470,707newly issued ordinary Relatech shares, without indication of the nominal value, with regular dividend rights and the same characteristics as the ordinary Relatech shares in circulation on the issue date (the "Compendium Shares"), for a total value of Euro 3,470,868.52.

Pasquale Lambardi, President of Relatech S.p.A.,comments “We are very satisfied with the results obtained since the first conversion period of the warrants which ends today in an excellent way. The cash flow obtained represents for Relatech an additional opportunity for growth and responsibility towards our investors and the market. We intend to continue and accelerate the Company's growth strategy by investing in digital innovation, hiring new managerial figures of the highest standing and by identifying targets that share our business model and allow us to position ourselves on the international market as a Digital Enabler Solution Company of reference and as a competitive digital player also through the opening of new branches abroad."