Luxottica Group S.p.A made a mandatory tender offer to acquire the remaining 8.07% minority stake in Giorgio Fedon & Figli Spa (BIT:FED) for €2.6 million on May 31, 2022. Under the terms, 151,721 shares of the Giorgio will be acquired, representing 8.07% stake for per share of €17.03 in cash. Transaction is not subject to any condition precedent. The acceptance period of the Offer ("Offer Period") will be agreed with Borsa Italiana pursuant to Article 40, paragraph 2, of the Issuers' Regulation and will last between a minimum of 15 (fifteen) and a maximum of 25 (twentyfive) trading days. Studio Legale Associato Deloitte acted as legal advisor and Equita SIM S.p.A. acted as financial advisor to Luxottica Group S.p.A.

Luxottica Group S.p.A completed the acquisition of the remaining 8.07% minority stake in Giorgio Fedon & Figli Spa (BIT:FED) on July 20, 2022.