Equity Capital Markets Transactions

Lottomatica is a products and services provider in the gaming industry, operating in online and retail betting.

Ticker: LTMC IM
Country: Italy
Sector: Gaming
Listing: Euronext Milan Stock Market

Market Cap pre Transaction: c. EUR 4.15bn
Selling Shareholder: Gamma Intermediate S.à r.l. (controlled by funds of Apollo)
Offer structure: Placement of 26 million existing shares (c. 10.3% of Lottomatica’s share capital)
Offer price: EUR 15.60 per share

Berenberg Role: Joint Bookrunner
Syndicate: Barclays and Deutsche Bank (Joint Global Coordinators and Joint Bookrunners), as well as Apollo Capital Solutions Europe, Berenberg, BNP Paribas, BTIG, Goldman Sachs, Jefferies, J.P. Morgan, Morgan Stanley and UniCredit (Joint Bookrunners)

Timing:

• Launch: 5 March 2025
• Pricing: 6 March 2025

ME Group is an international market leader in automated self-service equipment aimed at the consumer market.

Ticker: MEGP LN

Country: United Kingdom

Sector: TMT / Business Services

Listing: London Stock Exchange (Main Market)

Transaction Type: Secondary Placing

Deal Size: GBP 53m

Market Cap pre Transaction: GBP 829m

Offer Structure: 26,500,000 Ordinary Shares

Selling shareholder: Montefiore Investment

Issue Price: GBP 2.00 per share

Role: Sole Bookrunner

Timing:

• Launch: 27 February 2025
• Pricing: 28 February 2025
• Settlement: 04 March 2025

Pinewood is a leading cloud based full-service technology provider to automotive retailers and OEMs.

Ticker: PINE LN

Country: United Kingdom

Sector: TMT

Listing: London Stock Exchange

Transaction Type: Capital Increase via Placing, Subscription and Retail Offer

Deal Size: c. GBP 36m

Market Cap pre Transaction: c. GBP 295m

Offer Structure: 11,325,031 new Ordinary Shares

Issue Price: GBP 3.15 per share

Use of Proceeds: Proceeds will be used to finance the cash component of the acquisition of the remainder of Seez with the balance to fund the continued execution of Pinewood’s growing pipeline of opportunities

Role: Joint Global Coordinator / Joint Bookrunner

Timing:

• Launch: 20 February 2025
• Pricing: 21 February 2025
• Settlement: 25 February 2025