The sale involved Moschini S.r.l. (2%), Mubadala (1.96%), Charme Investments (0,7%) and Luca Cordero di Montezemolo.
The sale transaction of 6.726.926 Poltrona Frau S.p.A. shares equal to 4,8% of the capital was successfully completed through a private placement. The placement, managed by Equita SIM SpA and Intermonte S.p.A., through a procedure Accelerated Book Building (ABB), has been exclusively dedicated to "qualified" investors in Italy and to international institutional investors. Requests received were approximately 2 times the offer, and were largely represented by foreign investors of great quality.