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Civitanavi Systems M&A Activity 2024
4157_tar_2024-04-17_8cd8299a-b8e4-45db-b9a0-8fe9b1f003f2.pdf
M&A Activity
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| Informazione Regolamentata n. 2464-37-2024 |
Data/Ora Inizio Diffusione 17 Aprile 2024 17:16:38 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | CIVITANAVI SYSTEMS | |
| Identificativo Informazione Regolamentata |
: | 189162 | |
| Utenza - Referente | : | CIVITANAVIN01 - Galletti | |
| Tipologia | : | 3.1 | |
| Data/Ora Ricezione | : | 17 Aprile 2024 17:16:38 | |
| Data/Ora Inizio Diffusione | 17 Aprile 2024 17:16:38 | ||
| Oggetto | : | Appointment of the financial advisor in relation to the voluntary totalitarian tender offer launched by Honeywell over the shares of Civitanavi |
Testo del comunicato
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PRESS RELEASE
CIVITANAVI SYSTEMS S.P.A.: APPOINTMENT OF THE FINANCIAL ADVISOR IN RELATION TO THE VOLUNTARY TOTALITARIAN TENDER OFFER LAUNCHED BY HONEYWELL OVER THE SHARES OF CIVITANAVI
Pedaso (FM), 17 April 2024 – The Board of Directors of Civitanavi Systems S.p.A. (EURONEXT MILAN, CNS), company active in the design, development and production of inertial navigation and stabilization systems ("Civitanavi" or the "Company"), in accordance with the resolutions passed at the meeting of April 10, 2024, announces that on today, April 17, 2024, it formalized the appointment of Equita SIM S.p.A. as the Company's independent financial advisor for the purposes of its evaluations and activities pursuant to Art. 103, paragraphs 3 and 3-bis, of Legislative Decree No. 58/1998 ("TUF") and Article 39 of the regulations adopted by Consob Resolution No. 11971/1999 ("Issuers' Regulations"), in relation to the voluntary tender offer launched by Honeywell S.r.l. over all the shares of Civitanavi on March 27, 2024.
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The press release is available in the Investors section of the company's website at https://www.civitanavi.com/investors/comunicati-stampa/
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Civitanavi Systems, born as a start-up in 2012, is one of the main players in the design, development and production of inertial navigation and stabilization systems used in the aerospace and defense sectors in space, terrestrial, aeronautical, naval and industrial, mining and oil & gas. The Company vertically provides high accuracy systems, designed and manufactured with methods, techniques and algorithms based on FOG (Fiber Optic Gyroscope) and MEMS (Micro Electro Mechanical Systems) technology, also integrated with devices for satellite navigation. Today it carries out its activities in Pedaso (FM), in Ardea (RM), in Casoria (NA) in Turin (TO) and in Filton, Bristol, counting on a staff of around 185 employees in Italy and UK.
Investor Relations Media Relation Letizia Galletti Image Building Tel. +39 0733773648 Via Privata Maria Teresa, 11 [email protected] 20123 – Milano
Tel. +39 02 89011300 [email protected]
