"Pecorino Bond II placement successfully completed"

Monday, 1 July 2019

London, 01 July 2019

Pairstech Capital Management LLP, a company of the Aleph Finance Group listed on the Vienna Stock Exchange (https://www.alephgroup.io/), is pleased to announce the conclusion of the operation Pecorino Bond II,
an innovative financial instrument created with the aim of encouraging the opening of new economic scenarios in support of Small and Medium Enterprises operating in Sardinia in the dairy sector based on sheep's milk.
The companies Cooperativa Allevatori Ovini Soc. Agricola (C.A.O.) (OR), and La Concordia Latteria Sociale Pattada (SS), through this operation will have an improvement of the cash cycle that will allow an increase in
inventory and a higher value on the world market through a more lasting aging process.
The bond, at its second issue, was issued by Cheese Take Srl (SPV, Law 130/99) under the coordination of SFIRS S.p.a. (Società Finanziaria della Regione Sardegna S.p.a.), through the issue of an ABS security subscribed
by professional investors (including the Autonomous Region of Sardinia, through its own in-house finance company).
Pairstech Capital Management LLP, official distributor of the operation, thanks SFIRS SPA, the law firm Gatti Pavesi Bianchi, the law firm Grimaldi, Banca Finint S.p.A, EFG Bank SA, and the Consorzio Fidi Sardegna for the
professionalism shown throughout the process.