Tesmec — Report Publication Announcement 2017

Jan 27, 2017

Informazione Regolamentata n. 1155-2-2017		Data/Ora Ricezione 27 Gennaio 2017 17:45:45	MTA - Star
Societa'	:	TESMEC
Identificativo Informazione Regolamentata	:	84420
Nome utilizzatore	:	TESMECN01 - Turani
Tipologia	:	IRAG 09
Data/Ora Ricezione	:	27 Gennaio 2017 17:45:45
Data/Ora Inizio Diffusione presunta	:	27 Gennaio 2017 18:00:46
Oggetto	:	Publication of quarterly periodic financial information
Testo del comunicato

Vedi allegato.

TESMEC S.P.A.: PUBLICATION OF QUARTERLY PERIODIC FINANCIAL INFORMATION

Grassobbio (Bergamo - Italy), 27 January 2017 – Tesmec S.p.A. (MTA, STAR: TES), head of a group leader in the market of infrastructures related to the transport and distribution of energy, data and materials, referring to the publication of quarterly periodic financial information, announces the purpose to continue with the disclosure of periodic financial quarterly publication in form and content in line with the past.

We inform you that the Legislative Decree 25/2016, which transposed Directive 2013/50/EU (implementing amendments to Directive 2004/109/EC, the "Transparency Directive"), removed the obligation to publish their interim financial reports upon listed issuers with Italy as home Member State and granted CONSOB the option to require such issuers to publish "additional periodic financial information".

As outcome of the consultation, CONSOB issued the new Art. 82 - ter of CONSOB Regulation adopted with resolution no. 11971 of 14 May 1999 ("Issuers Regulation"), in effect since January 2017, which expressly allows issuers to continue to disclose to the market – entirely on a voluntary basis - "additional periodic financial information" beyond the annual and half-yearly financial reports, in accordance with the principles and application criteria set out by the provision in question.

With particular reference to the issuers listed on the STAR segment of the MTA market managed by Borsa Italiana S.p.A. – which is Tesmec -, it is recalled that the Art. 2.2.3. (3) of the Regulation on Markets Organised and Managed by Borsa Italiana S.p.A. (the "Markets Regulation") currently it stipulates that the issuers listed on the STAR segment are obliged to make available to the market their interim financial reports within 45 days of the end of the first, third and fourth quarters of the year, without prejudice that the aforementioned issuers are exempted from publication of the fourth report if the issuers in question provide the public, within 90 days of the end financial year, with the annual financial report and the other documents set out in Art. 154-ter (1) of Legislative Decree no. 58 of 24 February 1998 (the "TUF"). It is also known that there is an ongoing process of consultation on the part of the Italian Stock Exchange S.p.A. to consider whether to amend the wording regulate.

Consequently the Company, waiting to know the outcome of the consultation process initiated by the Italian Stock Exchange S.p.A. with the market, will continue with the disclosure of periodic financial quarterly publication in form and content in line with the past, reserving any further evaluations in outcome of the Italian Stock Exchange choices.

The public interim financial reports will be approved by the Management Board according to the timing included in the financial calendar available on the site of the Group (www.tesmec.com) under Investor Relations / Investors / Financial Calendar and disseminated on 22 December 2016.

The public interim financial reports will be made available to the public at the secondary office of the Company, in Grassobbio (Bergamo), Via Zanica n. 17 / O, at the storage mechanism authorized NIS-Storage, accessible from the site, and on the website of www.tesmec.com Company, as provided by law.

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For further information:

Tesmec S.p.A. Lucia Caccia Dominioni Investor Relations Tel: +39 035 4232840 – Fax: +39 035 3844606 E-mail: ir@tesmec.it

Image Building - Media Relations Simona Raffaelli, Alfredo Mele, Anna Lisa Margheriti Tel: +39 02 89011300 E-mail: tesmec@imagebuilding.it

This press release is also available on www.tesmec.com in the "Investors" section:

http://investor.tesmec.com/Investors/Notices.aspx

Tesmec Group

Tesmec Group is leader in designing, manufacturing and selling of systems, technologies and integrated solutions for the construction, maintenance and efficiency of infrastructures related to the transport and distribution of energy, data and material. In details, the Group is active in the following sectors: 1) transmission and distribution power lines (stringing equipment for the installation of conductors and the underground cable laying, electronic devices and sensors for the management, monitoring and energy automation); 2) underground civil infrastructures (high powered tracked trenchers for linear excavation of oil, gas and water pipelines, telecommunication networks and drainage operations; surface miners for bulk excavation, quarries and site preparation; specialized digging services); 3) railway lines (railway equipment for the installation and maintenance of the catenary and for special applications, e.g. snow removal from track; new generation power unit).

The Group, established in 1951 and led by Chairman & CEO Ambrogio Caccia Dominioni, relies on more than 600 employees and has the production plants in Italy - in Grassobbio (Bergamo), Endine Gaiano (Bergamo), Sirone (Lecco), Monopoli (Bari), in the USA, in Alvarado (Texas) and in France, in Durtal. In addition, following the recent acquisition of Bertel, SGE and CPT, Tesmec Group has three new production plants in Italy, respectively in Fidenza, Padua and Patrica (FS). The Group also has a global commercial presence through foreign subsidiaries and sales offices in USA, South Africa, Russia, Qatar, Bulgaria, China and France.

The know-how achieved in the development of specific technologies and solutions, and the presence of engineering teams and highly skilled technicians, allow Tesmec to directly manage the entire production chain: from the design, production and sale of machinery, to all pre-sales and post-sales. All product lines are developed in accordance with the ISEQ (Innovation, Safety, Efficiency and Quality) philosophy, with environmental sustainability and energy conservation in mind.