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Tesmec Share Issue/Capital Change 2017

Mar 20, 2017

4055_mrq_2017-03-20_7c7fab9b-545e-4d6e-a91c-0bf31cfca8b9.pdf

Share Issue/Capital Change

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Informazione
Regolamentata n.
1155-11-2017
Data/Ora Ricezione
20 Marzo 2017
17:06:25
MTA - Star
Societa' : TESMEC
Identificativo
Informazione
Regolamentata
: 86524
Nome utilizzatore : TESMECN01 - Turani
Tipologia : AVVI 16
Data/Ora Ricezione : 20 Marzo 2017 17:06:25
Data/Ora Inizio
Diffusione presunta
: 20 Marzo 2017 17:21:26
Oggetto : Tesmec S.p.A.: the major Company's
shareholders increase their share of
investment
Testo del comunicato

Vedi allegato.

Tesmec S.p.A.: the major Company's shareholders increase their share of investment, confirming confidence in the growth prospects of the Group.

Grassobbio (Bergamo - Italy), 20 March 2017 - Tesmec S.p.A. (MTA, STAR: TES), at the head of a group leader in the market of infrastructures related to the transport and distribution of energy, data and material, announces on behalf of the parent company TTC S.r.l. that it intends to increase, either directly or through its subsidiary company RX S.r.l., the share of investment held in the share capital of Tesmec confirming the confidence in the growth prospects of the Group.

For this purpose, it has been given a mandate to a financial intermediary of prime standing for purchasing on the market of a maximum 600,000 shares, corresponding to about 0.56% of the share capital of Tesmec, with procedures designed to ensure the orderly conduct of trading and market integrity.

****

For further information:
Tesmec S.p.A. Image Building - Media Relations
Lucia Caccia Dominioni Simona Raffaelli, Alfredo Mele, Anna Lisa
Investor Relator Margheriti
Tel: +39 035 4232840 – Fax: +39 035 3844606 Tel: +39 02 89011300
E-mail: [email protected] E-mail: [email protected]

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.