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Trevi Fin Industriale
Legal Proceedings Report • Jan 21, 2020
4302_ltr_2020-01-21_f6667e72-b41f-493d-af8d-9875aa3e83a0.pdf
Legal Proceedings Report
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| Informazione Regolamentata n. 0262-2-2020 |
Data/Ora Ricezione 21 Gennaio 2020 13:01:50 |
MTA | |
|---|---|---|---|
| Societa' | : | TREVI GROUP | |
| Identificativo Informazione Regolamentata |
: | 126836 | |
| Nome utilizzatore | : | TREVIN04 - Sala | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 21 Gennaio 2020 13:01:50 | |
| Data/Ora Inizio Diffusione presunta |
: | 21 Gennaio 2020 13:01:51 | |
| Oggetto | : | THE COURT OF APPEAL OF BOLOGNA APPROVED THE RESTRUCTURING AGREEMENT AFTER THE COMPLAINTS MADE BY THE COMPANY |
|
| Testo del comunicato |
Vedi allegato.
THE COURT OF APPEAL OF BOLOGNA APPROVED THE RESTRUCTURING AGREEMENT AFTER THE COMPLAINTS MADE BY THE COMPANY
Cesena, 21 January 2020 - Trevi - Finanziaria Industriale S.p.A. ("Trevifin" or the "Company") announces that, today, the Court of Appeal of Bologna has upheld the complaints against the measures taken by the Court of Forlì to reject the counterpart of the debt restructuring agreement pursuant to art. 182 bis of the bankruptcy law. signed on 5 August 2019 (see the press releases of August 6, 209, November 15, 2019 and November 29, 2019, available on the Company's website at www.trevifin.com, Investors Relation/Press releases) requested by Trevifin, and its subsidiaries Trevi S.p.A. and Soilmec S.p.A., deeming the reasons put forward by the complaining companies to be justified, and has therefore approved the agreement itself. The Company has already taken steps to complete all the operations provided for in the restructuring agreement as soon as possible, including the sale of the Oil&Gas division to the Indian group MEIL and the execution of the capital increase.
The Company wishes to underline the extreme importance of the result achieved, which represents a fundamental step towards the relaunch of the Trevi Group.
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About Trevi Group:
Trevi Group is a worldwide leader in the field of soil engineering (special foundations, tunnel excavation, soil consolidation and the building and marketing of special rigs and equipment relevant to this engineering sector); the Group is also active in the drilling sector (oil, gas and water) both in the production of plant and the supply of services, and it also builds automated underground car parks. The Group was established in Cesena in 1957 and, today, has more than 30 branches and is present in over 80 countries.
Its success is due to the vertical integration of the main divisions making up the Group: Trevi, the division that supplies special services in the field of soil engineering; Petreven, the oil drilling division of the Group; Soilmec, the division that produces and develops plant and machinery for soil engineering; Drillmec the division that produces and develops drilling rigs (oil, gas and water)
The parent company has been listed on the Milan stock exchange since July 1999.
For further information:
Investor Relations: Massimo Sala - e-mail: [email protected]
Group Communications Office: Franco Cicognani - e-mail: [email protected] - tel: +39/0547 319503
Press Office: Community - Strategic communication advisers - T. +39 02 89404231 +39 02 89404231
Auro Palomba - [email protected]
Roberto Patriarca - T. +39 335 65 09568 - [email protected]