Fine Foods & Pharmaceuticals N T M S p A : STARTS THE MTA MARKET TRANSLISTING PROCESS (POSSIBLY STAR SEGMENT)

FINE FOODS STARTS THE MTA MARKET TRANSLISTING

PROCESS (POSSIBLY STAR SEGMENT)

Verdellino (BG), 09 November 2020

Fine Foods & Pharmaceuticals N.T.M. S.p.A., listed on AIM Italia, following what has already been reported in the prospectus relating to the merger by incorporation of Fine Foods & Pharmaceuticals N.T.M. S.p.A. into Innova Italy 1 S.p.A. and on the press release as of 4 May 2020, announces that today the Board of Directors decided that it will start the translisting process. This involves the passage from trading its financial instruments on AIM Italia to a listing on the Mercato Telematico Azionario - MTA (Italian Equities Market), organised and managed by Borsa Italiana, and possibly adhering to the STAR segment. If the conditions are met, the transaction will be submitted for approval to the Shareholders' Meeting to allow for application submission to Consob and Borsa Italiana S.p.A. during the first half of 2021.

The Company has appointed Banca Akros S.p.A. as MTA market translisting Sponsor (possibly adhering to the STAR segment).

Fine Foods Chairman and CEO Marco Francesco Eigenmann, said: "Today we start the process of listing the Company's shares on MTA, following a procedure planned and announced during the business combination, and publicly stated several times. The serious world pandemic has only slowed down this listing process and today's announcement confirms this. Recently, we have worked to move forward with the translisting on Borsa Italiana main market and taken this important step to continue our growth and development strategy. Thanks to this operation, we are confident that Fine Foods will strengthen its business, access new resources and reinforce its competitive ability."

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This press release is available on the Fine Foods website www.finefoods.it,in the Investor Relations/Press Releases section.

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Fine Foods & Pharmaceuticals N.T.M. S.p.A.

Sede legale: 24040 Zingonia-Verdellino (BG) via Berlino, 39 - tel. [phone] fax [phone] - www.finefoods.it - E-mail:[e-mail]

Cap. Soc. euro 22.590.304,00 i.v. - P.IVA IT 09320600969 - Registro Imprese e Cod.Fisc. 09320600969

Fine Foods & Pharmaceuticals N.T.M. S.p.A., founded in 1984, is the leading independent Italian company in the contract development and manufacturing organisation (CDMO) of solid oral forms for the pharmaceutical and nutraceutical industries. The company is recognised on the market for its high-quality products and has long-term relationships with most of its customers (more than one hundred). It has more than 600 employees and has generated revenues for about 160 million euros with over 60 per cent of its sales volumes abroad in 2019.

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For information:
Fine Foods & Pharmaceuticals N.T.M. S.p.A.	Banca Akros S.p.A.
Investor Relations	Nomad
tel. [phone]	Viale Eginardo 29, Milan
[e-mail]	[e-mail]
CDR Communication
IR Advisor
Paola Buratti
[e-mail]
Media Relations
Marianna Tremolada
[e-mail]

Fine Foods & Pharmaceuticals N.T.M. S.p.A.

Sede legale: 24040 Zingonia-Verdellino (BG) via Berlino, 39 - tel. [phone] fax [phone] - www.finefoods.it - E-mail:[e-mail]

Cap. Soc. euro 22.590.304,00 i.v. - P.IVA IT 09320600969 - Registro Imprese e Cod.Fisc. 09320600969