Ferretti Flags Takeovers Code Implications for 2025 Preliminary Profit Forecast

Ferretti S.p.A. ( (IT:YACHT) ) has provided an announcement.

Ferretti S.p.A. has issued an overseas regulatory announcement in Hong Kong to ensure equal dissemination of information regarding its unaudited consolidated preliminary results for the year ended 31 December 2025, which constitute a profit forecast under Hong Kong’s Takeovers Code. The company highlights that these figures, already disclosed in an earlier unaudited results update, must be formally reported on by its financial adviser and auditors under Rule 10 of the Takeovers Code in the context of an ongoing voluntary conditional partial tender offer for its shares, and it cautions shareholders and potential investors to act prudently when dealing in its securities.

The announcement also references prior communications related to the tender offer launched by KKCG Maritime for up to 52,132,861 Ferretti shares, underscoring the regulatory sensitivity of financial disclosures during a takeover process. By reiterating the need for professional advice and careful consideration, Ferretti aims to mitigate undue reliance on preliminary profit information and reinforce compliance with takeover and listing regulations in both Italy and Hong Kong.

More about Ferretti S.p.A.

Ferretti S.p.A. is an Italy-incorporated joint-stock company with limited liability, listed on the Hong Kong Stock Exchange under stock code 09638. The company operates under a board comprising executive, non-executive and independent non-executive directors, reflecting a governance structure aligned with international capital market standards.

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