Capital/Financing Update • Aug 22, 2019
Capital/Financing Update
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| Informazione Regolamentata n. 0262-51-2019 |
Data/Ora Ricezione 22 Agosto 2019 21:13:49 |
MTA | |
|---|---|---|---|
| Societa' | : | TREVI GROUP | |
| Identificativo Informazione Regolamentata |
: | 121993 | |
| Nome utilizzatore | : | TREVIN01 - Cocco | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 22 Agosto 2019 21:13:49 | |
| Data/Ora Inizio Diffusione presunta |
: | 22 Agosto 2019 21:13:50 | |
| Oggetto | : | August 22, 2019 press release | |
| Testo del comunicato |
Vedi allegato.

Cesena, August 22, 2019 – The Board of Directors of Trevi - Finanziaria Industriale S.p.A. ("Trevifin" or the "Company") met today to take note of the communication received from the members of the Trevisani Family, on their own behalf and in their capacity as indirect shareholders of the shareholder Trevi Holding SE ("THSE"), with which they submitted a hypothesis of adherence to the agreements signed on August 5, 2019 for the implementation of the financial restructuring (see press release published on August 6, 2019, available on the Company's website at the address www.trevifin.com, section "Investors Relation/Press Releases"), as well as the resolution of disputes and judicial controversies that have arisen in the meantime, subject to the acceptance of certain conditions and subject to the adoption and/or issue of any determination, deed and/or authorization necessary to make them legitimate in the context of the procedure for an arrangement with creditors of THSE. The Board of Directors of the Company has positively evaluated the initiative and given a mandate to the CRO Sergio Iasi for the appropriate evaluations and to deepen the concrete possibilities of its implementation, with a view to a possible subsequent submission of a final proposal to the Board itself.
The Company also confirms that the Restructuring Agreement referred to in the above-mentioned press release published on August 6, 2019 was filed on August 8 at the Forlì Court responsible for approval pursuant to Article 182 bis of the Bankruptcy Law.
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 and 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.
Investor Relations: Francesca Cocco – e-mail: [email protected]
Group Communications Officer: Franco Cicognani - e-mail: [email protected] – tel: +39/0547 319503
Press Office: Community - Strategic communication advisers – T. +39 02 89404231
Auro Palomba - [email protected]
Roberto Patriarca – (T. +39 335 65 09568) - Roberto.patriarca@communitygroup.
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