Prysmian launches private placement of up to EUR 850 million in new shares

• Prysmian launched a private placement via accelerated bookbuilding, issuing new ordinary shares in a capital increase of up to EUR 850 million.
• Proceeds earmarked to partly fund the planned all-cash acquisition of Atkore at USD 95 per share, implying about USD 3.8 billion enterprise value.
• Share count will be set once the bookbuild prices; new shares will be listed on Euronext Milan, fully fungible with existing stock.
• Deal structure targets qualified or institutional investors outside the U.S. under Regulation S, with U.S. sales limited to Rule 144A QIBs.
• Prysmian will observe a 90-day lock-up; BNP Paribas, Morgan Stanley Europe, Crédit Agricole CIB act as coordinators and bookrunners.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prysmian S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0902-62-2026_TELEBORSA.pdf), on September 10, 2026, and is solely responsible for the information contained therein.