Digital Value S p A : December 2, 2021 – Increased the free float to 35.28% with the entry of important institutional investors

PRESS RELEASE

INCREASED THE FREE FLOAT TO 35.28% WITH THE ENTRY OF IMPORTANT INSTITUTIONAL

INVESTORS

Communication pursuant to the "Discipline on Transparency".

Rome, December 2, 2021 - - Digital Value S.p.A, a company listed on Euronext Growth Milan (Ticker DGV), announces to have received notice today, that on December 1, 2021 the shareholder Digital Value Holding S.p.A. has sold 2.01% of the share capital to facilitate the entry of two leading institutional investors "long-term".The transaction, aimed at broadening the shareholder base and increasing the free float, took place off-market.

The transaction, aimed at enlarging the shareholder base and to increase the free float, took place off-market.

Massimo Rossi, Chairman of Digital Value, comments: "The entry of institutional investors is a source of pride for us, further confirmation of the attention of the financial market to the potential of the Group and its future growth prospects. The transaction has thus enabled us to increase the free float to 35% of the capital, reaching the standards required by the Star market".

Pursuant to the "Discipline on Transparency" and art. 17 of the Euronext Growth Milan Issuers' Regulations, the Company informs that the shareholder Digital Value Holding SpA goes below the threshold of 66.6%, from 66.72% to 64.72%, coming to hold a total of 6,452,233 ordinary shares following the above transaction.

To the best of the Company's knowledge, as of today's date the shareholding structure is as follows:

• Digital Value Holding SpA 64.72% corresponding to 6,452,233 ordinary shares;
• Free float 35.28%.

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Digital Value S.p.A.

Sede Legale Via della Maglianella, 65/E - 00166 Roma (RM) - Tel. [phone]

Sede Operativa Via Galileo Galilei, 7 - 20124 Milano (MI) - Tel. [phone]

C.F. - P. IVA e Numero Registro Imprese di Roma 10400090964 - REA RM 1554887

Capitale Sociale i.v. 1.554.957,60€

Digital Value S.p.A., with headquarters in Rome and Milan and operations throughout Italy, is the head of a Group that is one of Italy's leading operators in the IT solutions and services sector, with consolidated revenues of EUR 442 million and over 230 employees (source: consolidated financial statements as at 31 December 2020). The Group carries out research, design, development and marketing of ICT solutions and services for the digitalisation of large account customers operating in the strategic sectors of the country's economy - Telecommunications, Transport, Utilities, Finance, Industry and Public Administration - which represents the leading segment of the ICT market (over 50% of total national demand). Digital Value consolidates unique and specialised skills, able to offer a complete coverage of the technological innovation needs of key market segments, as a result of a steady and significant growth path. The Group's success is based on the unique skills, know-how and specialisation of its human resources, as well as on its acknowledged ability to plan, implement and manage innovative and functional project solutions for the digitalisation of its customers.

Digital Value has been listed on the Euronext Growth Milan market since November 2018 (insert ISIN code IT0005347429

For Information:
Digital Value S.p.A.	CFO SIM S.p.A.	Spriano Communication & Partners
Via Della	Maglianella	Via dell'Annunciata	Via Santa Radegonda 16, 20121 Milano
65/E,		23/4,
00166 Roma	20121 Milano
Tel. [phone]	Tel. [phone]	Tel. [phone]
E-mail		[e-mail]	[e-mail]
[e-mail]			[e-mail]
Riccardo	Benedini, IR	Euronext	Growth	Corporate and finance communication
Manager		Advisor e Specialist	advisor

Digital Value S.p.A.

Sede Legale Via della Maglianella, 65/E - 00166 Roma (RM) - Tel. [phone]

Sede Operativa Via Galileo Galilei, 7 - 20124 Milano (MI) - Tel. [phone]

C.F. - P. IVA e Numero Registro Imprese di Roma 10400090964 - REA RM 1554887

Capitale Sociale i.v. 1.554.957,60€