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    AV   IT0005366601

ANTARES VISION S.P.A.

(AV)
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Antares Vision S p A : PR - AV Publication of Updated Bylaws September 2021.pdf

09/28/2021 | 03:42am EST

PRESS RELEASE

PUBLICATION OF UPDATED BYLAWS

Travagliato (Brescia), 28 September 2021 - Further to what was communicated on 2 September 2021 - the conversion of 10,780 Warrant in 1,777 ordinary shares, notice is hereby given that the updated bylaws, also showing the amendment made on the article 5 "Share Capital and Shares", is available to the public at the Company's registered office and has been filed with the authorized storage mechanism "1Info" www.1info.it.

The bylaws has been registered in the Companies' Registration List of Brescia on 27 September 2021.

The amended bylaws is also available on the Company's website www.antaresvision.com(Section "Governance" - "Corporate documents").

ABOUT ANTARES VISION GROUP

Listed since April 2019 on the Italian Stock Exchange in the AIM Market, and from 14 May 2021 on Mercato Telematico Azionario (MTA) STAR segment, the Antares Vision Group guarantees protection of products, people and brands through inspection systems for quality control, Track & Trace solutions for anti-counterfeiting and supply chain transparency, smart data management tools for maximized efficiency and digitalization of the supply chain, from raw materials to the final consumer. The Antares Vision Group is active in the pharmaceutical market and in Life Science in general (biomedical devices and hospitals), in beverage, food, cosmetic and in consumer-packaged goods. The Group reaches over 60 countries in the World with complete and flexible solutions, hardware, and software, with related services and counts 7 production facilities in Italy (Brescia, Parma, Piacenza, Latina, Padua and Vicenza), 22 foreign subsidiaries (Germany [2], France [2], USA [5], Brazil [2], United Kingdom [2], India, Russia [3], Hong Kong, China, Ireland, Croatia and Serbia), 3 Innovation and Research Centers (Italy) and a worldwide network of more than 40 partners. Thanks to the twenty years of experience in vision technologies of the two founding partners, the Antares Vision Group is the supplier of 10 out of 20 leading pharmaceutical companies in the world, with more than 25.000 inspection systems, that ensure everyday product safety and quality, 6.500 quality controls and more than 3.500 serialization modules on lines installed all over the. With the aim of continuing and supporting the growth and development strategy, during 2019 participation agreements were finalized with T2 Software, a Brazilian company specialized in smart data management solutions, and Orobix, an Italian company leader in artificial intelligence services, as well as the acquisition of 100% of FT System, leader in control and inspection in the beverage sector. In 2020, Antares Vision acquired 82.83% of Tradeticity, a Croatian company specialized in software management of traceability and serialization processes, 100% of Convel, an Italian company specialized in automated inspection machines for the pharmaceutical industry, the assets of Adents High Tech International, a French company specialized in software for serialization and traceability, 100% of Applied Vision, a global leader in inspection systems for glass and metal containers in food

  • beverage. In March 2021, Antares Vision acquired 100% of rfXcel Corporation, specialized in software solutions for digitalization and supply chain transparency based in the U.S., and 100% of

PRESS RELEASE

Pen-Tec and Tecnel, through FT System, increasing specialization in Food & Beverage inspection sector. In 2019 Emidio Zorzella and Massimo Bonardi won the Ernst & Young "Entrepreneur of the Year" award for innovation.

For further information

ANTARES VISION S.P.A.

VIA DEL FERRO, N. 16

25039 - TRAVAGLIATO (BS)

ALESSANDRO BAJ BADINO (INVESTOR RELATOR)

TEL.: +39 030 72 83 500

E-MAIL: INVESTORS@ANTARESVISION.COM

IR ADVISOR

IR TOP CONSULTING

VIA BIGLI, N. 19

20121 - MILANO

TEL.: +39 02 45473884

MARIA ANTONIETTA PIREDDU

E-MAIL: M.PIREDDU@IRTOP.COM

ANTONIO BUOZZI

E-MAIL: A.BUOZZI@IRTOP.COM

Disclaimer

Antares Vision S.p.A. published this content on 28 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2021 07:41:07 UTC.


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Financials
Sales 2021 183 M 209 M 209 M
Net income 2021 18,9 M 21,5 M 21,5 M
Net Debt 2021 25,6 M 29,2 M 29,2 M
P/E ratio 2021 42,0x
Yield 2021 0,43%
Capitalization 812 M 926 M 926 M
EV / Sales 2021 4,57x
EV / Sales 2022 3,69x
Nbr of Employees 927
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Mean consensus OUTPERFORM
Number of Analysts 3
Last Close Price 11,75 €
Average target price 14,15 €
Spread / Average Target 20,4%
EPS Revisions
Managers and Directors
Emidio Zorzella Chairman & Co-Chief Executive Officer
Massimo Bonardi Co-Chief Executive Officer & Director
Alioscia Berto Chief Financial Officer & Executive Director
Marco Claudio Vitale Independent Director
Cristina Spagna Independent Non-Executive Director
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