KKCG Maritime Offers to Increase Stake in Ferretti S.p.A.

KKCG Maritime has announced a voluntary partial tender offer to acquire up to 52,132,861 shares of Ferretti S.p.A., starting from March 16 and ending on April 13, 2026. This initiative aims to increase KKCG Maritime’s stake from 14.5% to 29.9%, allowing shareholders to monetize part of their investment at €3.50 per share, a premium over current market prices.

The offer reflects KKCG Maritime’s desire to play a more active role in Ferretti's development. The move seeks to ensure governance efficiency by securing increased voting rights and proposing directors to the Board.

The bid complies with regulations and will not result in a mandatory takeover, as KKCG Maritime will remain below the 30% ownership threshold. Approval has been granted by relevant authorities, including Italy’s Consob and Hong Kong's SFC.