A&O Shearman advises ANIMA in the public tender offer by Banco BPM

The offer, subject to certain conditions of effectiveness, is aimed at delisting the Company. If the conditions of effectiveness are met (or waived, as the case may be) and, therefore, the offer becomes effective, Banco BPM Vita S.p.A. will pay the tendering shareholders a cash consideration of EUR7.00 (cum dividendo) for each tendered share in the voluntary tender offer for a possible maximum aggregate outlay of approximately EUR1.776 million.

ANIMA is the largest independent asset management group in Italy, with total assets under management of approximately EUR204 billion¹ and more than one million clients. It creates and manages forward-looking, flexible investment solutions tailored to the specific needs of clients, whether they are institutional investors (insurance and financial groups, pension funds, social security funds), companies, or individuals. The parent company, ANIMA Holding S.p.A., has been a public company listed on the Milan Stock Exchange since 2014.

Emanuele Trucco, partner, commented: "It is an honor to advise ANIMA, which I have accompanied since the time of its initial public offering, in this pivotal operation for the growth of the group."

The A&O Shearman team alongside Anima Holding S.p.A. and the independent advisors is led by partner Emanuele Trucco, supported by associates Greta Dell'Anna and Mara Cagnana, and trainee Gianfilippo Attanasio.

Footnote

1. AuM and AuA as of 12/31/2024. Source: ANIMA Sgr - Total AuM and AuA, including assets delegated to third parties.