NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY COUNTRY WHERE IT IS UNLAWFUL TO DO SO.
Citigroup, as stabilization manager, exercised its greenshoe option for 3,947,250 shares
held by thyssenkrupp Project 1 GmbH and Industrie De Nora Sp.A. in full
Gross Proceeds to Industrie De Nora S.p.A. of EUR 26.8 million from the sale of 1,342,065 shares
Milan, 18th July 2023 – Industrie De Nora S.p.A. (“De Nora”), an Italian multinational company listed on Euronext Milan and which specializes in electrochemistry and is a leader in sustainable technologies and the emerging green hydrogen industry, announces that Citigroup Global Markets Europe AG ("Citigroup"), which acts as stabilization manager on the IPO of ThyssenKrupp nucera AG &Co. KGaA (“thyssenkrupp nucera"), has informed De Nora that Citigroup exercised the greenshoe option in full. In total, 3,947,250 greenshoe shares, which were placed with investors in the IPO, were provided to Citigroup under a share loan from thyssenkrupp Project 1 GmbH and from De Nora. Based on the final IPO price of the shares of EUR 20 per share, De Nora will received gross proceeds of EUR 26.8 million from Citigroup for the sale of 1,342,065 shares.
Following the payment and delivery of the greenshoe shares, De Nora holds 25.85 percent of thyssenkrupp nucera’s share capital. De Nora will continue the long-standing partnership with thyssenkrupp AG and thyssenkrupp nucera.
thyssenkrupp nucera shares have started trading on the regulated market (regulierter Markt) of the Frankfurt Stock Exchange (Prime Standard) under the ticker symbol NCH2 on 7 July 2023. The International Securities Identification Number (ISIN) is DE000NCA0001, and the German Securities Code (WKN) is NCA000.
De Nora
Industrie De Nora is an Italian multinational company listed on the Euronext Milan stock exchange, specializing in electrochemistry, a leader in sustainable technologies, and has a vital role in the industrial green hydrogen production chain. The Company has a portfolio of products and systems to optimize the energy efficiency of critical industrial electrochemical processes and a range of products and solutions for water treatment. Globally, Industrie De Nora is the world's largest supplier of activated electrodes (serving a broad portfolio of customers operating in the fields of chlorine and caustic soda production, components for electronics, and non-ferrous metal refining). Industrie De Nora is also among the world's leading suppliers of water filtration and disinfection technologies (for the industrial, municipal, and marine sectors) and the world's leading swimming pool disinfection components supplier. Leveraging its well-established electrochemical knowledge, proven manufacturing capability, and a supply chain established over the years, the Company has developed and qualified a portfolio of electrodes and components to produce hydrogen through the electrolysis of water, which is critical for the energy transition. In this sector, the company now holds 25.85% of thyssenkrupp nucera AG &Co. KGaA, a joint venture established with the thyssenkrupp group.
Founded in 1923, Industrie De Nora generated total revenues of around EUR 853 million and an Adjusted EBITDA of approx. EUR 191 million in 2022. The Company's growth process has developed organically through continued penetration of new markets and applications and through acquisitions in the U.S., Asia, and Europe. De Nora’s continuous innovation drives its growth, represented by its evolving intellectual property portfolio, which currently includes more than 260 patent families with more than 2,800 territorial extensions. The De Nora family controls the Group, which owns 53.3% of the Company’s share capital. Snam S.p.A. is a minority shareholder with about 21.6% of the capital.
Investor Relations
Chiara Locati
+39 02 2129 2124
ir@denora.com
Media Relations
Barabino & Partners
Office: +39 02 72.02.35.35
Sabrina Ragone – s.ragone@barabino.it +39 338 25 19 534
Elena Magni – e.magni@barabino.it + 39 348 478 7490
Via Leonardo Bistolfi, 35
20134 Mailand, Italien
+39 02 21291
industriedenora@denora.com
Für die Verbreitung und Speicherung von vorgeschriebenen Informationen hat sich die Industrie De Nora S.p.A. für die Nutzung des 1INFO-Systems (www.1info.it) entschieden, das von der Computershare S.p.A. mit Sitz in Mailand, Via Lorenzo Mascheroni 19, verwaltet wird und von der CONSOB zugelassen ist.
Copyright © 2009/2026 Industrie De Nora S.p.A.
Grundkapital: 18.268.203,90 € – vollständig eingezahlt – Handelsregisternummer MI / Umsatzsteuer-Identifikationsnummer 03998870962 – REA-Nummer MI – 1717984
