Ascopiave

M&A Activity • Jan 31, 2017

Informazione Regolamentata n. 0887-2-2017		Data/Ora Ricezione 31 Gennaio 2017 07:29:20	MTA - Star
Societa'	:	ASCOPIAVE
Identificativo Informazione Regolamentata	:	84557
Nome utilizzatore	:	ASCOPIAVEN01 - Rossetto
Tipologia	:	IROS 13
Data/Ora Ricezione	:	31 Gennaio 2017 07:29:20
Data/Ora Inizio Diffusione presunta	:	31 Gennaio 2017 07:44:21
Oggetto	:	Group and Ascopiave	The development process of a prospective business combination between Aeb-Gelsia
Testo del comunicato

Vedi allegato.

PRESS RELEASE

The development process of a prospective business combination between Aeb-Gelsia Group and Ascopiave

Within the sphere of the prospective business combination process envisaged in the Letter of Intent signed on 12 July 2016 by Aeb-Gelsia Group and Ascopiave, the Parties have mutually agreed to extend the exclusive negotiation deadline to 30 April 2017.

The Ascopiave Group operates in the natural gas sector, mainly in the segments of distribution and sale to end users. Thanks to its broad customer base and the quantity of gas sold, Ascopiave is currently one of the main operators in the industry at a national level.

The Group owns concessions and direct assignments for the management of distribution activities in over 200 Towns, supplying the service to a market segment of more than 1 million inhabitants, through a distribution network which spreads over 8.800 kilometres.

The sale of natural gas is performed through different companies, some under joint control. Overall, in 2015, the companies of the Group sold over 1 billion cubic meters of gas to end users.

Ascopiave has been listed under the Star segment of Borsa Italiana since 12th December 2006.

Contact: Community Group Ascopiave Giuliano Pasini Tel. 0438 / 980098 Tel. 0422 / 416111 Cell. 335 / 1852403

Auro Palomba Roberto Zava - Media Relator Cell. 335 / 6085019 Giacomo Bignucolo – Investor Relator Cell. 335 / 1311193

Pieve di Soligo, January 31st 2017