The agreements signed today follow the terms of the prior agreements between Cobra Automotive Technologies S.p.A. and Ludovico Maggiore, who no longer holds any positions within the Cobra Group (see press releases issued 18 September 2012, 25 September 2012 and 25 January 2013). The transaction is scheduled to close by 13 September 2013.
Company contacts: Cobra Automotive Technologies S.p.A. Alessandro Pagliara Investor Relations
Tel: +39 0332 825111
e-mail: ir@cobra-at.com www.cobra-at.com
CDR Communication srl cell: +39 3357864209
e-mail: silvia.dirosa@cdr-communication.it
40 partners providing Cobra products and solutions. Cobra provides telematic services at a pan-European level to Audi, Bentley, Ducati, Ferrari, Gruppo Piaggio, Infiniti, Lamborghini, Maserati, Mc Laren, Mercedes-benz Trucks, Nissan, Porsche, Renault and Tesla. In Europe, Service Operation Centers assist customers in 36 countries. In Italy and Spain Cobra offers services for the management of large fleets. Since 2007,
Cobra delivers telematic services to insurance companies to offer innovative Usage Based Insurance policies based on vehicle usage, the so-
called Pay Per Use and Pay as You Drive. Cobra Electronic System is a Tier One partner to the main European and Asian car, trucks and motorcycle manufacturers, including Kia, Hyundai, Toyota, Honda , Renault, Nissan, Volvo, Volkswagen Group for which it develops bespoke solutions for both factory and aftermarket installation: antitheft, parking assistance and telematic systems. Cobra's design and development activities are managed by a multisite engineering team based in Italy, Japan and South Korea, whilst assembly and manufacturi ng facilities are located in Italy and China. Cobra was listed on the Milan Stock Exchange on December 12, 2006.
Cobra Automotive Technologies SpA Via Astico, 41
21100 Varese Italia
Tel. +39 0332.825111
Fax +39 0332.222005
C.F./P.IVA 00407590124
Cap. Soc. € 11.647.352,52 i.v.
© 2013 Cobra Automotive Technologies SpA, All rights reserved www.cobra-at.com
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