#Italy #Milan #Ferretti S.p.A. #KKCG Maritime #FIH

Ferretti International Holding S.p.A. Rejects Partial Tender Offer

On January 22, 2026, Ferretti International Holding S.p.A. (FIH), the controlling shareholder of Ferretti S.p.A., announced its decision to not support the voluntary conditional partial public tender offer proposed by KKCG Maritime. This move signifies FIH's strong confidence in the long-term strategic direction and growth potential of Ferretti S.p.A.

FIH has reaffirmed its commitment to fostering the sustainable development of Ferretti, ensuring operational continuity, and enhancing shareholder value. Since acquiring controlling shares, FIH has consistently shown its dedication to the company by increasing its stake over time and directing efforts toward solidifying its governance framework.

"We have no intention to accept the partial public tender offer put forth by KKCG Maritime," stated a representative of FIH. This clear stance is aimed at preserving the integrity and stability of Ferretti as it continues its journey toward achieving its long-term objectives.

Strategic Long-Term Investment

FIH views its investment in Ferretti not merely as a financial transaction, but as a strategic and long-term partnership. The company stresses the importance of its ongoing support in boosting the operational aspects of Ferretti S.p.A. At previous shareholders' meetings, there has been substantial evidence of FIH’s active control over company decisions, including intentions to nominate the majority of the board of directors at the next annual meeting.

By exercising its voting rights, FIH aims to maintain not just control but also an effective governance structure which is essential for the consistent execution of the company's long-term strategy. FIH's leadership promises to ensure that the existing governance framework remains undisturbed while actively supporting Ferretti's path to growth.

Future Plans and Market Considerations

Although FIH does not intend to accept KKCG Maritime's offer, it remains open to increasing its stake in Ferretti, closely aligned with market conditions and legal regulations in Italy and Hong Kong SAR. The company intends to formulate its strategies by abiding by all relevant stock exchange rules and regulations while carefully considering existing market dynamics.

In conclusion, Ferretti International Holding S.p.A.'s stand against KKCG Maritime's tender offer emphasizes their unyielding commitment to the company’s long-term strategy. As FIH prepares to nominate a majority of directors at the upcoming annual general meeting, stakeholders remain optimistic about sustainable growth and increased shareholder value amid the external pressures of partial offers and shareholder sentiments. The future looks bright for Ferretti S.p.A. under the steadfast guidance of its committed shareholder.