Unieuro went public on 4 April 2017 following an Initial Public Offering, through which its majority shareholder – Italian Electronics Holdings S.r.l. (I.E.H.) – sold to institutional investors the 35% of Unieuro’s share capital, including the exercise of the over-allotment option.
On 6 September 2017, I.E.H. sold an additional 17.5% stake on the market through an accelerated bookbuilding, decreasing its total shareholding to 48%. In October 2017, the Holding announced a non-proportional demerger in favour of eight newly-established companies, maintaining its majority share in Unieuro.
On 24 September 2018, Amundi Asset Management, Europe’s largest asset manager by assets under management and ranking in the top 10 globally, announced a 5% shareholding in the Company.
On 13 November 2019, I.E.H. sold an additional 16.25% stake on the market through an accelerated bookbuilding, further decreasing its total shareholding.
Based on available information, Unieuro major shareholders – through fiduciary company Monte Paschi Fiduciaria S.p.A. – are Italian Electronics Holdings S.à.r.l. (controlled by private equity funds managed by Rhone Capital) with 17.6% stake and Alfa S.r.l. (Dixons Carphone plc) with 7.2% stake. Amundi Asset Management holds a 5.6% stake, while some shareholders linked to Silvestrini family the 5.6%. Some top-managers of Unieuro hold an overall 2% stake.
Current free float is approx. 67.6%.
Sources: Consob; according to the Shareholders’ Register at 1 August 2019
- Italian Electronics Holdings (Rhone Capital)
- Alfa S.r.l. (Dixons Carphone plc)
- Amundi Asset Management
- Some shareholders linked to Silvestrini family
- Some top-managers of Unieuro
- Other Investors
View and download the reference documents for the Shareholders' Agreements of Unieuro S.p.A.
Excerpt from the Shareholders’ Agreements of Unieuro S.p.A. (available in Italian only)Read