Medica S p A : 22.03.2022 16.23 - Medica S.p.A. - Estabilshment of Pelmo87 Srl controlling Medica SpA

MEDICA S.p.A.	Tel. [phone]
Via Degli Artigiani, 7	Fax [phone]
41036 MEDOLLA	e-mail: [e-mail]
MODENA - ITALY	home page: www.medica.it

International:

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Press release

MEDICA S.P.A.

ESTABLISHMENT OF THE HOLDING COMPANY CONTROLLING MEDICA

Communication pursuant to art. 17 of the Issuers' Regulations

Medolla (MO), 22 March 2022 - Medica S.p.A., fully integrated Italian biomedical and MedTech group with a strong international footprint, announces that it has received today the communication from Luciano Fecondini and Andrea Bocchi, shareholders of Medica SpA, that they have conferred the total of their shares in Medica, respectively 2.426.670 and 948.930 shares, in the newly established holding company Pelmo87 Srl. Luciano Fecondini and Andrea Bocchi have thus followed up on the commitment signed in the shareholders' agreement of 30 September 2021 to establish a holding company that is controlled by Luciano Fecondini and that is the controlling shareholder of Medica SpA, further strengthening the guarantee of a unitary and stable direction to the company Medica Spa.

Consequently, Pelmo87 Srl holds 3.375.600 ordinary shares equal to 79,93% of the share capital of Medica.

Below is the composition of the corporate structure of Medica SpA and its parent company Pelmo87 Srl, because of the transfer:

Shareholders of Medica SpA	Nr Shares		% of share capital with
			right of vote
Pelmo87 Srl		3.375.600	79,93%
Free Float		847.650	20,07%
Total		4.223.250	100,00%
Quotaholders of Pelmo87 Srl	Nr Quotas		% of share capital with
			right of vote
Luciano Fecondini		2.426.670	71,89%
Andrea Bocchi		948.930	28,11%
Total		3.375.600	100,00%

***

Medica Profile

Medica Group is operating since 1985 in the biomedical district of Mirandola (Italy). Development of innovative products for blood purification has always been company's core business. Thanks to

UNI CEI EN ISO 9001:2015 UNI CEI EN ISO 13485:2016

Capitale sociale € 4.223.250,00 i.v. - Registro Ditte/REA n° 229672 - Registro Imprese di Modena n° 01604300366 Iscrizione Registro Nazionale Produttori A.E.E. n. IT08020000003645

Partita IVA e Codice Fiscale 01604300366 - Identification Number IT 01604300366

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MEDICA S.p.A.	Tel. [phone]
Via Degli Artigiani, 7	Fax [phone]
41036 MEDOLLA	e-mail: [e-mail]
MODENA - ITALY	home page: www.medica.it

International:

Tel. [phone]

Fax [phone]

the activity of two extremely dynamic R&D groups (medical equipment, membranes and disposable), the Group competes successfully in several markets, namely:

• Medical (dialysis, CRRT, ECCO2, Apheresis, DFPP, CHF, HIPEC, pre-transplant organ perfusion, bioregenerative medicine, gastroenterology, urodynamics, oxygen humidification).
• Microbiological purification of water
• Industrial automation for the biomedical sector.

R&D focus has been integrated over the years with a highly automated production systems in five different facilities, four in Italy and one in Tunisia, and two commercial entities (in US and in China).

The key success factors of the Group are:

• extrusion of hollow fiber membranes for hemofiltration, plasmapheresis, cascade filtration, oxygen humidification, ultrafiltration and microfiltration of water
• vertical integration, proved by the ability to manage not only the design and development of medical disposables and equipment, and the development of the automation technologies required for their production as well.
• International recognition with significant share of export (69% of revenues in 2020), with sales in over 60 countries.

Medica group closed the consolidated financial statement for the year 2020 with revenues of 44.1 million euros (34.7 million euros in 2019), EBITDA of 9.5 million euros (7.7 million euros in 2019), EBIT of 5.6 million euros (3.6 million euros in 2019) and net profit of 3.8 million euros (2.8 million euros in 2019). In the first 6 months of 2021, Medica realized revenues of 20.3 million euros and an EBITDA of 4.2 million euros.

For information:

Investor Relations MedicaGiovanni Plasmati ([phone] [e-mail]

Euronext Growth Advisor

CFO SIM S.p.A.

([phone] [e-mail]

UNI CEI EN ISO 9001:2015 UNI CEI EN ISO 13485:2016

Capitale sociale € 4.223.250,00 i.v. - Registro Ditte/REA n° 229672 - Registro Imprese di Modena n° 01604300366 Iscrizione Registro Nazionale Produttori A.E.E. n. IT08020000003645

Partita IVA e Codice Fiscale 01604300366 - Identification Number IT 01604300366

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