Ascopiave

M&A Activity • Feb 20, 2019

Informazione Regolamentata n. 0887-4-2019		Data/Ora Ricezione 20 Febbraio 2019 17:54:22	MTA - Star
Societa'	:	ASCOPIAVE
Identificativo Informazione Regolamentata	:	114191
Nome utilizzatore	:	ASCOPIAVEN02 - Bignucolo
Tipologia	:	2.2
Data/Ora Ricezione	:	20 Febbraio 2019 17:54:22
Data/Ora Inizio Diffusione presunta	:	20 Febbraio 2019 17:54:23
Oggetto	:	Press release Ascopiave S.p.A.
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Press release of Ascopiave S.p.A.

The Board of Directors of Ascopiave S.p.A., following its communication to the market dated 15th October 2018, has today approved the launch of the first stage of a process aimed at (i) enhancing its activities in the sale of gas and energy, and (ii) strengthening and consolidating its presence in the gas distribution sector, in both cases also through one or more strategic partnerships. The goal of the first stage of such process is to collect the expressions of interest and non-binding offers that will be submitted, within 15th April 2019, by the interested operators. The operators contacted to participate to the procedure amount today to over 20. Ascopiave will keep the market informed about any subsequent developments in the aforestated process.

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 230 Towns, supplying the service to a market segment of 1.5 million inhabitants, through a distribution network which spreads over 10,000 kilometres. The sale of natural gas is performed through different companies, some under joint control. Overall, in 2017, the companies of the Group sold over 1 billion cubic metres 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. +39 0438 / 980098 Auro Palomba Roberto Zava - Media Relator Tel. +39 0422 / 416111 Mob. +39 335 / 1852403

Mob. +39 335 / 6085019 Giacomo Bignucolo – Investor Relator Mob. +39 335 / 1311193

Pieve di Soligo, 20th February 2019