Tinexta — AGM Information 2019

Apr 18, 2019

Informazione Regolamentata n. 20053-19-2019		Data/Ora Ricezione 18 Aprile 2019 13:01:29	MTA - Star
Societa'	:	TINEXTA S.p.A.
Identificativo Informazione Regolamentata	:	117192
Nome utilizzatore	:	TINEXTANSS01 - KAY
Tipologia	:	3.1; 1.1
Data/Ora Ricezione	:	18 Aprile 2019 13:01:29
Data/Ora Inizio Diffusione presunta	:	18 Aprile 2019 13:01:30
Oggetto	:	The Ordinary Shareholders' Meeting of Tinexta S.p.A. approved the Financial Statements at 31 December 2018
Testo del comunicato

Vedi allegato.

PRESS RELEASE

The Ordinary Shareholders' Meeting of Tinexta:

• approved the Financial Statements of Tinexta S.p.A. at 31 December 2018
• approved the distribution of the Dividend equal to €0.228 per Share
• expressed a favourable opinion on the Remuneration Report

* * * *

Milan, 18 April 2019. The Ordinary Shareholders' Meeting of Tinexta S.p.A., held today under the Chairmanship of Enrico Salza, approved the Financial Statements at 31 December 2018.

Profit for the Year and 2018 Dividend

The Shareholders' Meeting approved the distribution of the Dividend for the 2018 fiscal year equal to Euro 0.228 per Share (gross of statutory withholding tax), which is 62.9% greater than the respective amount for the prior year. The total amount to be distributed as a Dividend, based on total number of the Shares outstanding at today's date (46,890,120), is equal to Euro 10,690,947.36. The Dividend will be payable from 5 June 2019, with the clipping of coupon n. 6 on 3 June 2019 and the Record Date set on 4 June 2019.

The Shareholders' Meeting also approved to carry forward the remainder of the Profit for the Year (Euro 9,849,610.63), after having deducted 5% to the Legal Reserve in the amount of Euro 1,081,082.00.

2018 Consolidated Results

During the Ordinary Shareholders' Meeting the Consolidated Financial Statements at 31 December 2018 were presented which reported the following results (compared to 2017):

• Revenues of Euro 239.6 million (+ 32.4%);
• EBITDA of Euro 66.0 million (+ 62.3%);
• Operating Result equal to Euro 48.1 million (+ 77.7%);
• Net Income equal to Euro 33.1 million (+ 63.8%);
• Group Net Financial Indebtedness at 31 December 2018 amounted to Euro 124.9 million (Euro 104.4 million at 31 December 2017).

Remuneration Report

Finally, the Ordinary Shareholders' Meeting expressed a positive opinion regarding the first section of the Remuneration Report drafted by the Board of Directors as per Art. 123-ter of the Consolidated Law on Finance and 84-C of Consob Regulation no. 11971/1999 on the Company's remuneration policy of the members of the Board of Directors and the Company's Management with Strategic Responsibilities and the procedures used to adopt and implement this policy. The Remuneration Report is available on the Company's web site at www.tinexta.com in the section "Governance/Shareholders' Meeting/Year 2019".

Documentation

The Dossier of the approved Financial Statements and of the Consolidated Financial Statements with the relative reports as per law are available at the Company's Registered Office, on the Corporate Website www.tinexta.com in the section "Governance/Shareholders' Meeting/Year 2019", as well as in the section Investor Relations/Financial Reports and Presentations.

The minutes of the Shareholders' Meeting and the summary report of the voting will be made available according to the modalities within the terms set by law.

* * * * *

The Manager in charge of drafting the corporate accounting documents declares, according to the effects of art. 154-bis, paragraph 2 of the TUF, that the information contained in this statement corresponds to the documentary findings, books and accounting records.

TINEXTA S.p.A.

Tinexta S.p.A., listed on the STAR segment of the Milan Stock Exchange, reported the following Consolidated results at 31 December 2018: Revenues of Euro 239.6 million, EBITDA of €66.0 million and Net Profit of €33.1 million. Tinexta Group is one of the leading operators in Italy in its three areas of business: Digital Trust, Credit Information & Management and Innovation and Marketing Services. The Digital Trust Business Unit delivers, through InfoCert, Visura, Sixtema and the Spanish company Camerfirma, products and services for digitization, electronic invoicing, certified email (PEC) and ature as well as services for professionals, associations and SMEs. InfoCert acquired in December 2018 a 50% stake in LuxTrust, a strategic joint venture to grow in the Digital Trust sector in Europe. In the Credit Information and Management Business Unit, Innolva and its subsidiaries offer services to support decision making such as corporate financial statements and real estate information, aggregate reports, synthetic ratings, decision models, credit ratings and credit recovery, while ReValuta offers primarily real estate appraisals and evaluations. In the Innovation and Marketing Services Business Unit, Warrant Hub is a leader in consultancy to obtain subsidized financing and undertake industrial innovation while Co.Mark furnishes Temporary Export Management consultancy to SMEs to assist their commercial expansion. At 31 December 2018, Tinexta Group personnel numbered 1,294 employees.

CONTATTI
Corporate & Financial Communications	Media Advisor	Specialist
Lawrence Y. Kay	Barabino & Partners S.p.A.	Intermonte SIM S.p.A.
lawrence.kay@tinexta.com	Foro Buonaparte, 22 - 20121 Milano	Corso V. Emanuele II, 9 - 20122 Milano
Ufficio Stampa	Tel.: +39 02 7202 3535	Tel.: +39 02 771151
Carla Piro Mander	Stefania Bassi: +39 335 6282 667
Tel. +39 06 42 01 26 31	s.bassi@barabino.it
carla.piro@tinexta.com

Sito web: www.tinexta.com, Stock ticker: TNXT, ISIN Code IT0005037210