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Nice Footwear — M&A Activity 2018
Jun 20, 2018
4155_tar_2018-06-20_7a016106-4d03-42b6-a212-661c6be85c13.pdf
M&A Activity
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| Informazione Regolamentata n. 0809-49-2018 |
Data/Ora Ricezione 20 Giugno 2018 19:16:58 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | NICE | |
| Identificativo Informazione Regolamentata |
: | 105394 | |
| Nome utilizzatore | : | NICEN06 - Biasini | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 20 Giugno 2018 19:16:58 | |
| Data/Ora Inizio Diffusione presunta |
: | 20 Giugno 2018 19:16:59 | |
| Oggetto | : | The Board of Directors' meeting of Nice S.p.A. has resolved the merger by incorporation in Nice S.p.A. of the company Silentron S.p.A. |
|
| Testo del comunicato |
Vedi allegato.
The Board of Directors' meeting of Nice S.p.A. has resolved the merger by incorporation in Nice S.p.A. of the company Silentron S.p.A. wholly-owned
Oderzo (TV - Italy), 20 June 2018 - The Board of Directors of Nice S.p.A. met today and approved - through a resolution recorded in a public deed - the merger by incorporation of the wholly-owned subsidiary Silentron S.p.A. in the parent company Nice S.p.A., under the terms of the merger plan approved on 10 May 2018 and filed at the Registers of Companies of Treviso-Belluno and Turin.
Since this is a merger by incorporation of a wholly-owned company as referred to in article 2505 of the Civil Code, the resolution was adopted by the Board of Directors and not by the Shareholders' Meeting pursuant to article 2505, paragraph 2 of the Civil Code and the Articles of Association.
The merger by incorporation was also approved today by the Board of Directors of the company Silentron S.p.A. and after expiry of the terms of the law, the public deed of merger will be stipulated, in accordance with the provisions of articles 2503 and 2504 of the Civil Code.
As foreseen by article 2504-bis, paragraph 2, of the Civil Code, the merger will take effect from the last registration of the merger deed carried out at the Companies Registers of Treviso-Belluno and Turin. However, the transactions carried out by Silentron S.p.A. sole member company will be recognized in the financial statements of Nice S.p.A., solely for accounting and tax purposes and also pursuant to article 172 of the Consolidated Income Tax Act, starting from the first day of the current year upon the effective date of the merger.
The minutes of today's resolution of the Board of Directors of Nice S.p.A. will be made available to the public as required by law at the Company's registered office and may be viewed also on the Company's website, (www.niceforyou.com) in the Investor Relations Section and on the authorized storage mechanism eMarket Storage ().
Nice S.p.A.
Established in the early 1990s and listed on the STAR Segment of Borsa Italiana, Nice S.p.A. is international reference company in the Home and Building Automation and Home Security sector, with a comprehensive offering of integrated automation solutions for gates, garage doors, solar shading systems, parking systems, wireless alarm systems and home security, for residential, commercial and industrial buildings. The Nice Group has launched a strategic plan for geographic growth and the extension of its product portfolio and connected platforms, in order to offer a wide range of customisable, user-friendly options for the end user. It is also seeking to strengthen and expand on markets with high growth potential, enhancing and renewing its branding to compete on new market segments. Nice exports its products, which combine technological innovation and design, to over 100 countries, generating more than 90% of the Group's consolidated revenues abroad (325 million euro in 2017).
Contacts: Investor Relations Nice S.p.A. Nicola Biondo [email protected] Tel: +39 0422 505468 www.niceforyou.com