Following what was previously announced yesterday (see for details AVIONEWS), Leonardo SpA  has successfully completed the sale of approximately c. 2.6 million shares in Avio SpA equivalent to c. 9.4% of its share capital. 

Following the Placement, Leonardo holds approximately 19.0% of the share capital of Avio. 

The Placement, carried out through an accelerated bookbuilding procedure, was priced at Euro 37.50 per share and will be settled by delivery of shares and payment of the consideration on 31st October 2025.  

In the context of the Transaction, Leonardo has agreed to a 90-day lock-up period on its remaining shares in Avio, in line with market practice.  

In connection with the Transaction, Intesa Sanpaolo, Jefferies and Morgan Stanley acted as Joint Global Coordinators and Joint Bookrunners.