MODENA, Italy–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Energica?src=hash” target=”_blank”gt;#Energicalt;/agt;–Energica Motor Company, leading company of high-performing
electric motorcycle listed on AIM Italia market managed by Borsa
Italiana – LSE and FIM Enel MotoE World Cup single manufacturer for the
three-year period 2019-2020-2021, has signed a preliminary agreement
with UK based Disruption Investment Platform, a sub-fund of Platina
Investment Fund SCSp-RAIF, for the subscription of a share capital
increase of 2.0 million euros and a two-year convertible bond of Euro
1.5 million, with lock up in the following 6 months.
The agreement will be finalized within June 30, 2019.
“We are very happy with the agreement signed with DIP. This is an
important strategic agreement for Energica which confirms proper
technological choices and a global potential growth of our business.
Thanks to this preliminary agreement, Energica will have the opportunity
to accelerate its strategic development in a phase in which we believe
that the market is particularly sensitive to electric mobility,”
said Livia Cevolini, CEO Energica Motor Company.
Riccardo Cirillo, founding and managing partner of DIP Capital LLP,
managing company of the DIP1 fund, declared:
“The agreement signed with Energica Motor Company is part of our
policy of strategic, long-term investors looking for technology-based
innovation that can change the paradigm of the industry in which it
operates. In Energica we have found a company and an entrepreneur that
perfectly fit our values and that will change not only the superbike
industry but also the mobility of a large number of people.”
DIP, with an envelope of 40 million euros, invests in companies with
marked characteristics of technological innovation with high growth
potential. The agreement is aimed at reinforcing the corporate structure
and launching new opportunities focus on expanding the presence of
Energica on the international scene at a time of great importance for
the Company which from July 7th will be the protagonist of the first
electric motorcycle racing world cup. The new financial resources will
be geared in particular to the strengthening of the sales network on all
world markets, to the further development of the product and the
worldwide brand awareness. The company is open to integrate the share of
the agreement with other investors.
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ENERGICA MOTOR COMPANY S.p.A.
www.energicamotor.com
Contacts
Press Office Energica
Cecilia Bucci – [email protected]
