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PRESS RELEASE
Racing Force: Commencement of the program for purchasing
and disposing of own shares and appointment of the
intermediary
Ronco Scrivia (GE, Italy), November 14th, 2025 - Racing Force S.p.A. (the “Company” or “RFG”), the parent
company of Racing Force Group, which is specialized in the development, production, and marketing of
safety components for motorsports worldwide, listed on the Euronext Growth segment in Milan (RFG)
and Paris (ALRFG), in accordance with the resolution of the shareholders' meeting of October 22nd, 2025
(the "Resolution"), announces that it has initiated the share buyback program (the "Program"),
appointing Equita SIM S.p.A. (the "Intermediary") to coordinate and/or execute - independently - the
Program.
Equita SIM S.p.A. is an authorized intermediary for the execution of orders on behalf of clients under art.
1, paragraph 5, letter b) of Legislative Decree 58/1988, and will operate independently and in compliance
with the constraints of applicable regulations, as well as within the limits set by the Resolution of the
Company's Shareholders' Meeting.
The Program will be carried out in accordance with the purposes and methods permitted by the
applicable regulatory provisions, including the purposes set forth in Article 5 of Regulation (EU) 596/2014
(Market Abuse Regulation, hereinafter "MAR") and related implementing provisions, where applicable,
and in market practices permitted pursuant to Article 13 of MAR, for the following purposes: (i) to support
the liquidity of the shares themselves; (ii) to allow efficient use of the Company's liquidity for medium-
and long-term investment; (iii) to use the shares in connection with characteristic management
operations or projects consistent with the Company's strategic guidelines; (iv) to have own shares
available for the "Stock Grant Plan 2023-2025" service, as well as for any future incentive plans; (v) to
have own shares available, in line with the strategic guidelines that the Company intends to pursue, as
consideration in the context of any extraordinary transactions.
In particular, the Program provides that the purchase of ordinary shares of the Company, without par
value, shall be made up to a maximum number, taking into account the Racing Force own shares held in
the Company's portfolio or by its subsidiaries, not exceeding 20% of the share capital, in one or more
tranches, within 18 months from the date of the Resolution and, therefore, by April 22, 2027, unless early
closure upon reaching the preset threshold or revocation.
The Program envisages that the buyback of own shares will be carried out on the multilateral trading
system Euronext Growth at a price neither lower nor higher by more than 15% compared to the reference
price recorded by the security in the last trading session preceding each individual operation, in
compliance with the trading conditions established in Article 3, paragraph 2, of Delegated Regulation (EU)
2016/1052, implementing MAR, and in particular: (i) shares cannot be purchased at a price higher than
the highest of the last independent transaction price and the current independent purchase offer price
at the trading venue where the purchase is made; (ii) it will not be possible to purchase on any trading
day a volume of shares exceeding 25% of the average daily trading volume of Racing Force shares in the
20 trading days preceding the purchase dates, subject to exceptional cases provided for by regulatory
provisions or market practices authorized by CONSOB.
For more information about the Program's features, please refer to the press release issued by the
Company on October 22, 2025.
The Intermediary will proceed with the purchases until the expiration of the 18-month validity period of
the above-mentioned shareholders' authorization (April 22, 2027), or if earlier, until the revocation of
said shareholders' authorization, or until the maximum amount is reached. In particular, starting from
November 17, 2025, and until December 31, 2025, the first tranche of the Program will be executed for
a maximum amount of Euro 100,000.
It is also noted that, as of today's date, the Company holds nr. 106,500 treasury shares in its portfolio,
equal to 0.39% of the share capital.
Any subsequent changes to the Program will be promptly disclosed to the public in accordance with the
terms and conditions provided by applicable regulations.
The operations carried out will be subject to market disclosure in accordance with current regulatory
provisions.
***
This press release is available at Borsa Italiana S.p.A., at the company's registered office, and in the
Investor Relations/Price Sensitive Press Releases section of the website www.racingforce.com. For the
dissemination of regulated information, Racing Force uses the eMarket SDIR circuit managed by
Teleborsa S.r.l., located at Piazza Priscilla 4, Rome.
Racing Force Group
With main headquarters in Ronco Scrivia (Italy), Sakhir (Kingdom of Bahrain), and Mooresville (United States), Racing
Force Group is the global leader in motorsport safety, innovation, and performance. Through its portfolio of brands –
including OMP, Bell Racing, Zeronoise, and Racing Spirit – equips professional drivers, teams, and manufacturers, as well
as passionate amateurs, with racewear, helmets, car parts, communication systems, and technical apparel. Racing Force
Group is the only company in the motorsport industry to offer such a comprehensive range of products, contributing each
year to numerous victories and titles in both car and kart racing. The Group has also diversified through its HPS brand,
applying cutting-edge motorsport technologies to the defense sector.
CONTACTS FOR RACING FORCE
Barabino & Partners
Racing Force
Stefania Bassi
E-mail: s.bassi@barabino.it
mob: +39 335 6282667
Investor Relations
Roberto Ferroggiaro
E-mail: ir@racingforce.com
Giuseppe Fresa
E-mail: g.fresa@barabino.it
mob: +39 348 5703197
Media
Luigi Rossi
Mohamed Al Bareeq
Jacopo Rubino
E-mail: media@racingforce.com