Press Releases

Corporate & business

Update on the execution of the own share purchase plan

Following the Shareholders Meeting’s resolution of April 7th, 2021, executing the Share Purchase Plan announced on April 19th, Esprinet communicates the purchase of a total of 199,974 ordinary shares of Esprinet S.p.A. (i.e. 0.39% of total share capital), through Mediobanca S.p.A., between May 10th, 2021 and May 14th, 2021, for an average purchase price of euro 13.1152 per share.

Price sensitive

Results of the First Quarter of 2021 once again reward the Group’s strategy: Sales +28%, Adj. EBITDA +70%, Net Income +159%, significant growth in market share

The Board of Directors of ESPRINET (PRT:IM), a leader in southern Europe in the distribution of IT, Consumer Electronics and Advanced Solutions, today approved the Interim Management Statement as at 31 March 2021.

Corporate & business

Update on the execution of the own share purchase plan

Following the Shareholders Meeting’s resolution of April 7th, 2021, executing the Share Purchase Plan announced on April 19th, Esprinet communicates the purchase of a total of 316,732 ordinary shares of Esprinet S.p.A. (i.e. 0.62% of total share capital), through Mediobanca S.p.A., between May 3rd, 2021 and May 5th, 2021, for an average purchase price of euro 13.6069 per share.

Corporate & business

Assignment of shares to some beneficiaries in execution of the “Long Term Incentive Plan 2018-20”

The rights of free assignment of ordinary shares of Esprinet SpA referred to in the "Long Term Incentive Plan" approved by the Shareholders' Meeting on May 4, 2018 have become exercisable. Consequently a total of no. 288,659 ordinary shares of Esprinet S.p.A., through the use of shares already available, are assigned to some managers of Esprinet Group and to Valerio Casari, Executive Director of Esprinet until July 27, 2020.

Corporate & business

Change in 2021 Calendar of Corporate Events

Change in 2021 Calendar of Corporate Events

Corporate & business

Esprinet: the subsidiary GTI Software and Networking completes Diode integration

ESPRINET, leader in Southern Europe in the distribution of IT, Consumer Electronics and Advanced Solutions, announces that the subsidiary GTI Software y Networking S.A. has completed the integration of Diode España S.A., already fully controlled by the latter.

Corporate & business

Update on the execution of the own share purchase plan

Following the Shareholders Meeting’s resolution of April 7th, 2021, executing the Share Purchase Plan announced on April 19th, Esprinet communicates the purchase of a total of 382,795 ordinary shares of Esprinet S.p.A. (i.e. 0.75% of total share capital), through Mediobanca S.p.A., between April 20th, 2021 and April 23rd, 2021, for an average purchase price of euro 13.5576 per share.

Corporate & business

Assignment of shares to some beneficiaries in execution of the “Long Term Incentive Plan 2018-20”

Pursuant to art. 84-bis paragraph 5 of the Consob Regulation no. 11971/99 and subsequent amendments, due to the presentation of the Consolidated Financial Statements of the Esprinet Group on April 7, 2021, taking into account the achievement of the financial targets of the Esprinet Group in the fiscal years 2018-2020, the rights of free assignment of ordinary shares of Esprinet SpA referred to in the "Long Term Incentive Plan" approved by the Shareholders' Meeting on May 4, 2018 (the "Plan") have become exercisable. Consequently, as of today, a total of no. 269,000 ordinary shares of Esprinet S.p.A., through the use of shares already available, are assigned to some of Esprinet’s executives.

Corporate & business

The implementation procedures for starting the “buy-back” program approved. Approved the draft terms of merger of the subsidiary Celly S.p.A.

The Board of Directors of Esprinet, in execution of the authorization granted by the Shareholders' Meeting of April 7, 2021, approved the implementation procedures for the initiation of a program for the purchase of treasury shares. The Board also approved the draft terms of the merger by incorporation of the wholly owned subsidiary Celly S.p.A..

Corporate & business

Esprinet pays an extraordinary bonus of euro 600 to all Group employees in connection with the record results obtained in 2020. Almost 110 new hires planned for the first half of 2021 to support their growth plans.

ESPRINET, leader in the distribution of IT, Consumer Electronics and Advanced Solutions in Southern Europe, decided to reward the significant adaptability and cohesion demonstrated by its employees in 2020, with an extraordinary bonus for a gross value of Euro 600. In fact, in the year of its twentieth anniversary, the Group posted turnover of Euro 4.5 billion, exceeding all expectations, thanks to the commitment and dedication of a Team of more than 1,600 professionals, located throughout Italy, the Iberian Peninsula and Morocco.

Corporate & business

The Chairman and Chief Executive Officer of Esprinet grant 70% of the shares assigned under the 2018-2020 LTIP to Axopa. The shareholders’ voting agreement with the Monti family rises to 25.96%

Mr Maurizio Rota and Mr Alessandro Cattani, respectively Chairman of the Board of Directors and Chief Executive Officer of Esprinet S.p.A., have conferred a total of no. 371,584 shares (185,792 shares each) corresponding to 70% of the Esprinet shares assigned to them as part of the Long Term Incentive Plan 2018-2020 in the vehicle controlled by them and called Axopa Srl, which therefore reaches a stake of 9.79% of the share capital of Esprinet. The shareholders' agreement signed by Axopa Srl on 6 July 2020 with the shareholder Francesco Monti, owner of a 16.16% stake in Esprinet, increases the total number of shares with voting rights of the Company, contributed to the Agreement, to 13,222,559, constituting a total of 25.96% of the shares representing the entire share capital of the Company.

Corporate & business

Assignment of shares to some beneficiaries in execution of the “Long Term Incentive Plan 2018-20”

Pursuant to art. 84-bis paragraph 5 of the Consob Regulation no. 11971/99 and subsequent amendments, due to the presentation of the Consolidated Financial Statements of the Esprinet Group on 7 April 2021 and taking into account the achievement of the financial targets of the Esprinet Group in the fiscal years 2018-2020, the rights of free assignment of ordinary shares of Esprinet SpA referred to in the "Long Term Incentive Plan" approved by the Shareholders' Meeting on 4 May 2018 (the "Plan") have become exercisable.