9 May, 2024


Ariston Holding N.V. ("Ariston" or the "Company") announces the transfer of 683,637 treasury shares to the beneficiaries ("Beneficiaries") of the 2021 Long Term Incentive Plan ("2021 LTI Plan").

Beneficiaries include Paolo Merloni, Executive Chairman of the Company, who was awarded 131,824 ordinary shares, and Laurent Jacquemin, former CEO of the Company, who was also awarded 131,824 ordinary shares ("PDMR Beneficiaries").

In line with past years, the Company has instructed Global Shares, on behalf of all the Beneficiaries, to proceed with the sale of a portion of transferred shares for an approximate amount of € 1.4 million in order to fulfill the tax obligations arising upon Beneficiaries from the award of shares under the 2021 LTI Plan ("Sell-to-CoverProgram").

The sale, began on May 8, 2023, will be conducted on behalf of the Beneficiaries by Global Shares, at its discretion, pursuant to applicable Market Abuse Regulations to avoid or minimize any effect on the markets. The duration of the Sell-to-Cover Program and the average selling price may vary on the basis of daily trading volumes and cannot be predicted.

To this extent, a press release will be issued upon completion of the Sell-to-Cover Program, including the summarized data for the sale and details of the number of shares sold by the PDMR Beneficiaries.



Investor Relations

Corporate Communication

Albert William Pozzi

Federica Bruschetta



Media Relations

Barabino & Partners





Ariston Holding NV published this content on 09 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2024 12:36:37 UTC.