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Elica
Governance Information • Jul 26, 2019
4217_rns_2019-07-26_eb6b5da8-beda-4a4a-81d2-b9a7c063b6ac.pdf
Governance Information
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ELICA S.p.A.
EXTRACT PUBLISHED AS PER ARTICLE 122 OF LEGS. DECREE NO. 58 OF FEBRUARY 24, 1998 AND SUBSEQUENT AMENDMENTS AND SUPPLEMENTS (THE "CFA") AND ARTICLE 129 OF THE REGULATION PURSUANT TO CONSOB MOTION NO. 11971 OF MAY 14, 1999 AND SUBSEQUENT AMENDMENTS AND SUPPLEMENTS (THE "ISSUERS' REGULATION").
Fabriano, July 26, 2019 - Elica S.p.A., the parent of a Group that is the leading manufacturer of kitchen range hoods, announces that, as per Article 129 of the Issuers' Regulation, on July 24, 2019, FAN S.r.l., with registered office in Rome, via Parigi No. 11 and TAMBURI INVESTMENT PARTNERS S.p.A., with registered office in Milan, via Pontaccio No. 10, signed an agreement concerning a portion of the ordinary share of Elica S.p.A., in addition to, inter alia, some provisions regarding the governance of Elica S.p.A. (the "Shareholder Agreements").
The key information regarding the Shareholder Agreements was today published as per Article 130 of the Issuers' Regulation on Elica S.p.A.'s website, https://elica.com/corporation/en/corporate-governance/altridocumenti and on the website of the authorised storage mechanism at .
It also announced the provision of essential information relating to the agreement between TAMBURI INVESTMENT PARTNERS S.p.A. and WHIRLPOOL EMEA S.p.A. concerning a lock-up agreement on the shares to be purchased and a commitment not to sell these shares to certain competing groups of Whirlpool Corporations.
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The Elica Group has been active in the kitchen hood market since the 1970's. Chaired by Francesco Casoli and led by Mauro Sacchetto, today it is the world leader in terms of units sold. It is also a European leader in the design, manufacture and sale of motors for central heating boilers. With over 3,800 employees, the Elica Group has seven plants, including in Italy, Poland, Mexico, India and China. With many years' experience in the sector, Elica has combined meticulous care in design, judicious choice of materials and cutting edge technology guaranteeing maximum efficiency and reducing consumption, making Elica the prominent market figure it is today. The company has revolutionized the traditional image of the kitchen cooker hood: it is no longer seen as simple accessory but as a design object which improves quality of life.
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For further information:
Investor Relations Elica S.p.A.:
Giulio Cocci - Group Controlling & Investor Relations Director Francesca Cocco – Lerxi Consulting – Investor Relations Tel: +39 (0)732 610 4205 E-mail: [email protected]
Press Office Elica S.p.A.: Gabriele Patassi - Press Office Manager Mob: +39 340 1759399 E-mail: [email protected]
Image Building: Simona Raffaelli, Lidy Casati, Sofia Macchi Tel: +39 02 89011300 E-mail: [email protected]
