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Tinexta — AGM Information 2017
Apr 27, 2017
4493_agm-r_2017-04-27_2abf943b-5e81-4574-8111-4789dea97513.pdf
AGM Information
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| Informazione Regolamentata n. 20053-19-2017 |
Data/Ora Ricezione 27 Aprile 2017 14:27:45 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | Tecnoinvestimenti S.p.A. | |
| Identificativo Informazione Regolamentata |
: | 88513 | |
| Nome utilizzatore | : | TECNOINVNSS01 - KAY | |
| Tipologia | : | IRAG 01 | |
| Data/Ora Ricezione | : | 27 Aprile 2017 14:27:45 | |
| Data/Ora Inizio Diffusione presunta |
: | 27 Aprile 2017 14:42:46 | |
| Oggetto | : | Ordinary Shareholders' Meeting: approved the 2016 Financial Statements |
|
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
Tecnoinvestimenti S.p.A.: The Ordinary Shareholders' Meeting convened and has:
- Approved the 2016 Financial Statements
- Approved the proposal for net profit allocation
- Declared an ordinary dividend of € 4,047 million, corresponding to
- o An increase of 60% compared to the 2015 dividend
- o A payment per share of € 0.0875
- o A Pay-Out Ratio of 33.4% (compared to Group Net Income)
- Examined the Remuneration Report, expressing a favorable opinion on the first section
Milan, April 27, 2017. The Ordinary Shareholders' Meeting of Tecnoinvestimenti S.p.A., a leader in Italy in the Digital Trust, Credit Information & Management and Export Marketing Solutions services, met today in single call in Milan under the chairmanship of Enrico Salza and unanimously approved the Financial Statements at December 31, 2016.
The Ordinary Shareholders' Meeting then approved the proposal of the Board of Directors to allocate the Profit for the Parent Company to € 5,931,069.66 as follows:
- € 296,553.48 to the Legal Reserve;
- € 1,587,105.68 to Retained earnings;
- € 4,047,410.50 to be distributed as a dividend to Shareholders, or rather € 0.0875 to be paid to each of the 46,256,120 ordinary shares currently outstanding.
The Dividend, which is approximately 60% greater than that of the prior year, corresponds to a Pay-Out Ratio of 33.4% of Group Consolidated Net Income. The Dividend will be payable from 7 June 2017, the coupon will be clipped on 5 June 2017, while the record date will be 6 June 2017.
The Shareholders' Meeting, pursuant to art. 123-ter paragraph 6 of Legislative Decree 58/98, examined the Remuneration Report and expressed a favorable opinion on the first section.
* * * * *
The file containing the approved Parent Company Financial Statements and Consolidated Financial Statements, with the accompanying reports of the Board of Statutory Auditors and the Independent Auditors reports, are available at the Company's Registered Office and on the website of the Company, www.tecnoinvestimenti.it in the Investor Relations section. The minutes of the Shareholders' Meeting will be made available to the public within the terms determined by Law at
the Registered Office and on the website of the Company www.tecnoinvestimenti.it in the Investor Relations section.
THE TECNOINVESTIMENTI GROUP
The Tecnoinvestimenti Group reported 2016 results of: Revenues of €147.3 million, EBITDA of €29.7 million and a Net profit of €12.1 million. The Adjusted net profit, which does not include nonrecurring components and the amortization recognized in connection with business combinations, amounted to €15.9 million. Tecnoinvestimenti is listed on the STAR segment of the Milan Stock Exchange. The Group is one of Italy's top operators in its three areas of business: Digital Trust, Credit Information & Management and Sales & Marketing Solutions. The Digital Trust Business Unit, through the companies InfoCert and Visura, provides products and services for document digitalization, electronic billing, certified email and ature. InfoCert is a European Certification Authority and one of four Identity Trust Providers accredited in Italy. The Credit Information & Management Business Unit, which includes the companies Ribes and Assicom and their subsidiaries, offers decision-making support services such as Chamber of Commerce and real estate information, aggregate reports, summary ratings, decision-making models, real estate appraisals and valuations, with special emphasis on the supply and assessment of credit and collection services. The Sales & Marketing Solutions Business Unit, through the company Co.Mark, offers solutions and tools to help small and medium-sized companies expand internationally.
CONTACTS Corporate & Financial Communications Lawrence Y. Kay E-mail: [email protected] Carla Piro Mander Tel. +39 06 42 01 26 31 E-mail: [email protected] Media Advisor Barabino & Partners S.p.A. Foro Buonaparte, 22 - 20121 Milano Tel.: +39 02 7202 3535 Stefania Bassi: +36 335 6282 667 [email protected] Specialist Intermonte SIM S.p.A. Corso V. Emanuele II, 9 - 20122 Milano Tel.: +39 02 771151