axélero S.p.A.

04/19/2018 | Press release | Distributed by Public on 04/19/2018 12:17

April 19, 2018 – axélero: allocation of new shares and change in share capital following the request for partial conversion of the first tranche of the bond l

The information contained herein is not for publication or distribution, directly or indirectly, in the United States of America, Canada, Japan or Australia or in any other jurisdiction where it is unlawful to publish or distribute this document

PRESS RELEASEaxélero: allocation of new shares and change in share capital following the request for partial conversion of the first tranche of the bond loan issued on 29 December 2017, in favour of Atlas Special Opportunities

Milan, 19 April 2018-axélero S.p.A., Internet Company listed on the AIM Italia market (ticker symbol: AXEL), following the press release published on 17 April 2018, announces that 63,171 axélero ordinary shares were issued with the same dividend rights and characteristics of shares outstanding on the date hereof. In particular, these new shares were allocated subsequent to receiving, on 17 April 2018, the request of Atlas Special Opportunities for the partial conversion of the first tranche (see press release of the same date) of the bond loan issued on 10 January 2018, described in the press release published on such date.

Certification of the partial implementation of the capital increase supporting the conversion of the aforementioned bond loan will be filed with the Milan Companies' Register in accordance with the terms and procedures established by law.

As a result of the foregoing, the share capital is now equal to Euro 70,567.30, divided into 14,113,456 ordinary shares. Finally, it should be noted that with regard to the first tranche of the bond loan, 97 bonds worth a total nominal value of Euro 1,940,000 remain to be converted, and the residual number of shares to be issued by virtue of such conversion is not currently determined or determinable as envisaged by the convertible bond issue subscribed with Atlas Special Opportunities and Atlas Capital Markets (see press release dated 29 December 2017).

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axélero S.p.A.,a company established in 2008 and listed on the AIM Italia market since December 2014, is a leading provider of digital marketing solutions for SMEs. The Company's mission is in fact

to accelerate the business of small and medium enterprises by providing them with access to digital solutions and services such as those used by big companies in order to unleash their competitive potential.Customersthat choose axélero gain visibility, useful contacts and concrete results for their business. Market-maker approach,innovation and local roots are the characteristics of the Company, which operates through four business units:Smart & Business,offering digital solutions for SMEs and SOHOs with a network ofdigital consultantsdistributed across the country;Executive,specializing in custom projects for large companies and the Public Administration;Next,focused on developing artificial intelligence-based products that have won the Innovation Award of SMAU and Best Use of Artificial Intelligence in Customer Service;Lab,a corporate venture capital vehicle accelerating start-ups that develop products and services with high potential for SMEs. Ticker symbol: AXEL, ISIN Code: IT0005069809http://www.axelero.it/

axélero contacts

Image Building

Maria Grazia Andali

Simona Raffaelli, Vanessa Corallino

Chief Communication Officer

Barbara Pianese

[email protected]

[email protected]

Tel. +39 02 84259800

Tel +39 02 89011300

IR Contacts

NOMAD Contacts

Francesca Cocco

Banca Finnat Euramerica S.p.A.

[email protected]

[email protected]

[email protected]

Tel +39 06 69933219

Tel +39 02 84259800

This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe any securities.The information contained herein is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions of any State of the United States of America or of the District of Columbia) and must not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, as amended ("Securities Act")) or publications with a general circulation in the United States of America or in any jurisdiction where such distribution or publication would be unlawful. This publication is not an offer of securities for sale in the United States of America. No notes have been and will not be registered under the Securities Act and may not be offered or sold in the United States of America absent registration or an exemption from registration under the Securities Act, as amended. axélero S.p.A. does not intend to register any portion of the offering in the United States of America or to conduct a public offering of theSecurities in the United States of America.

This publication is not an offer of securities for sale in United States of America, Italy, the United Kingdom, Canada, Japan or Australia or in any other jurisdiction.