Maps: notice of change in share capital

MAPS: NOTICE OF CHANGE IN SHARE CAPITAL

Parma, 7 July 2021

MAPS (MAPS:IM; IT0005364333), an innovative SME listed on AIM Italia and active in the digital transformation sector, announces the new composition of its share capital following the assignment of 875.750 newly issued ordinary shares, following the exercise of 875.750 Warrants during the fourth exercise period of the "MAPS S.P.A. Warrants 2019-2024", covering the period from 1 June to 30 June 2021, at a ratio of 1 ordinary share for every 1 warrant exercised (refer to the 30 June 2021 press release).

Details of the warrants (ISIN: IT0005364325) Issued, Exercised and still in issue:

	Issued	Exercised	In issue
MAPS SPA WARRANTS 2019-2024	4.125.000	1.951.723	2.173.277

The table below shows the new composition of the share capital (fully subscribed and paid in) following the certification of the change filed with the Parma Companies Register:

	Current subscribed and paid-up share	Previous subscribed and paid-up share
		capital			capital
		no. of	Unitary		no. of	Unitary
	Euro	nominal	Euro
	shares	shares	nominal value
		value
Total	1.244.572,30	10.515.723	No nominal	1,156,997.30	9,639,973	No nominal
value	value
Of which			No nominal			No nominal
Ordinary	1.244.572,30	10.515.723	1,156,997.30	9,639,973
value	value
Shares

Below are the shareholdings updated on the basis of the information available to the Issuer and as a result of the subscriptions to the capital increase:

	Shareholder	no. of shares	% of Share Capital
	Marco Ciscato	1.899.122	18,06%
	Maurizio Pontremoli	1.567.596	14,91%
	Domenico Miglietta	1.183.001	11,25%
	Paolo Ciscato	813.966	7,74%
	Gian Luca Cattani	718.903	6,84%
	Giorgio Ciscato	187.412	1,78%
	Eiffel Investment Group	964.273	9,17%
	Market	3.181.450	30,25%
	Total	10.515.723	100.00%

www.mapsgroup.it

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MAPS GROUP

Founded in 2002, MAPS is an Innovative SME operating in the digital transformation sector. With its registered office in Parma and with approximately 200 employees, it produces and distributes software for the analysis of big data that allows client companies to manage and analyse large quantities of data and information, helping them make strategic and operational decisions and define new business models. It operates in a context characterised by high growth potential: the global market for digital transformation technologies reached $1,100 billion in 2018; in 2020, a market of $1,600 billion is estimated (CAGR 2018-2020 approximately +20%). MAPS operates through 3 business units (Large Enterprise, Healthcare Industry, Gzoom) and has a portfolio of over 220 highly loyal Customers from different markets: Telco, Utilities, Healthcare, Retail, Industry and Public Administration.

Through the Patient Journey line of products, it is a leader in the sector of patient reception in healthcare facilities, presiding over the market with over 1,300 installations, which manage the access paths of over 20 million patients nationwide. The Group invests constantly in R&D. The Research & Solutions division, established in 2016, is responsible for identifying market needs and developing software solutions.

The Group closed 2020 with consolidated revenues of Euro 17.9 million and an EBITDA of Euro 3.4 million. In the last 3 years, MAPS has tripled revenue from proprietary solutions and more than doubled EBITDA. The company is characterised by high levels of recurring revenues: recurring fee revenues represent 28% of consolidated operating revenues in 2020. The Group's organic growth has been accompanied by a significant M&A activity, with the acquisition of IG Consulting (2011), Artexe (2018), Roialty (2019) and SCS Computers (2020).

Release available on www.emarketstorage.comand onwww.mapsgroup.it

CONTACTS

MAPS

1. [phone]
   [e-mail]

Marco Ciscato - Investor Relations Manager [e-mail]

NOMAD

BPER Banca | T [phone] [e-mail]

INVESTOR RELATIONS & FINANCIAL MEDIA

IR Top Consulting | T [phone]

Maria Antonietta Pireddu, [e-mail] │ Federico Nasta, [e-mail]

Domenico Gentile, [e-mail] │ Antonio Buozzi, [e-mail]

www.mapsgroup.it

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