Giglio.Com — M&A Activity 2016

Oct 14, 2016

Informazione Regolamentata n. 20076-58-2016		Data/Ora Ricezione 14 Ottobre 2016 17:57:25	AIM -Italia/Mercato Alternativo del Capitale
Societa'	:	Giglio Group S.p.A.
Identificativo Informazione Regolamentata	:	80215
Nome utilizzatore	: GIGLIOE01 - Elena Gallo
Tipologia	:	IRED 02; AVVI 16
Data/Ora Ricezione	:	14 Ottobre 2016 17:57:25
Data/Ora Inizio Diffusione presunta	:	14 Ottobre 2016 18:12:26
Oggetto	:	EXTRAORDINARY SHAREHOLDERS' MEETING APPROVES MERGER SATCOM INTO GIGLIO GROUP SPA	THROUGH INCORPORATION OF GIGLIO FASHION SUBSIDIARIES AND M-THREE
Testo del comunicato

Vedi allegato.

GIGLIO GROUP:

EXTRAORDINARY SHAREHOLDERS' MEETING APPROVES MERGER THROUGH INCORPORATION OF GIGLIO FASHION SUBSIDIARIES AND M-THREE SATCOM INTO GIGLIO GROUP SPA

Milan, 14 October 2016 – Giglio Group informs that today was held the Extraordinary Shareholders' Meeting which approved the merger through incorporation of the Companies GIGLIO FASHION S.p.A." and "M-THREE SATCOM S.p.A." into the wholly controlling parent company "GIGLIO GROUP S.p.A.".

As already stated in the press release of 6 September, please note that the merger does not entail any impact on equity, economics and finance in the consolidated financial statements of the Giglio Group, nor does it require any exchange, seeing that the incorporated companies are already wholly owned by the Giglio Group S.p.A. The purpose of the aforementioned merger is to integrate the operations of the merged company into the acquiring parent company and, consequently, to maximize and streamline the administrative management, in the sectors of accounting and finance of the three companies. The result being, and due to the concentration of human resources and finance all is finalised into one subject.

Information regarding Giglio Group:

Giglio Group is a multimedia global television network set up in 2003, with its head office in Milan and it is made up of seven companies

Giglio Group SpA, The Parent Company that owns two television channels on the Italian digital terrestrial - Acqua and Play.me. It provides technological services to the Group companies and third party companies.

Nautical Channel Ltd, is the only international channel, distributed in 45 countries, 5 continents and in 6 languages entirely dedicated to boating and water sports. From 1 April 2015, Nautical Channel can be viewed in HD throughout Europe and Russia. Since November 2014, Nautical Channel is totally controlled by Giglio Group

Giglio TV HK Ltd, Start up created in July 2014, that manages the Group's activities in China. It is the first and only Italian television group to be present in China on all major television and web platforms with its content entirely dedicated to the Italian Lifestyle.

M-Three Satcom -Founded in 2004, M-Three Satcom, provides high-end services and solutions for the TV-radio broadcasting sector. In particular, it caters to companies with special linking needs and for the distribution of information.

Giglio Fashion SpA, Founded in 2011 with the name of MF Fashion, Giglio Fashion is today the main Italian Business to Business distributor wholly specialized in on-line fashion, the new world level market place for Fashion. Thanks to the creation of its own sales network, it is able to involve the main Players of the world market, Giglio Fashion supplies the thirty main digital retailers in the world.

Giglio USA - established in April 2016 with headquarters in New York, it is the company that manages and monitors the Group's activities in North America, an increasingly strategic market for Giglio Group activities.

Giglio Shanghai- is the company that oversees the Group's activities in China, a market historically represented by the Giglio Group, as well as being one of the most strategic markets for the future.

Press Office: Nomad:

Spriano CommunicationBanca Finnat EuramerciaS.p.A. Matteo Russo e Cristina Tronconi Palazzo Altieri, Piazza del Gesù 49 mob. 347/9834881 00186 Roma mrusso@sprianocommunication.com; Tel.: +39 06 699331 ctronconi@sprianocommunication.com;