Alperia S.p.A. agreed to acquire 71.88% stake in Gruppo Green Power S.p.A. from Tre-Bi S.R.L. and Ggp Holding S.R.L. for €7.9 million on August 5, 2019. The price may be subject to downward adjustments in the event of any "Unauthorised Leaks" between the Locked Box Date and the Closing Date. Alperia S.p.A. will acquire 13.84% equivalent to 0.4 million shares from Tre-Bi S.R.L and 58.04% shares from Ggp Holding S.R.L.of which Alperia will acquire 50.95% equivalent to 1.5 million shares from Ggp Holding S.R.L. on August 5, 2019 and the remaining 7.09% is subject to the pre-condition where Ggp Holding S.R.L. acquires 3.53% and 3.56% held by Cristian Barzazi, David Barzazi respectively latest by September 2, 2019. Completion of the Transaction will result in the Alperia S.p.A. being subject to the obligation to make a full public tender offer for GGP shares. The closing will take place 5 working days after the fulfilment of the conditions. In any case, the closing date will take place not before September 6, 2019 and not later than September 9, 2019. Mediobanca S.p.A. acted as financial advisor, Stefano Salvadeo, Giorgio Falcione and Pietro Gracis of BDO acted as accountants and Mattia Petrillo of Studio Legale Tributario – EY acted as legal advisor to Alperia. Studio Maviglia acted as legal advisor to GGP and Fabio Tonon of KPMG acted as financial advisor to the sellers. Alperia S.p.A. completed the acquisition of 71.88% stake in Gruppo Green Power S.p.A. from Tre-Bi S.R.L. and Ggp Holding S.R.L. on September 9, 2019. The deal was completed following the fulfillment of the condition precedent.