Tinexta — M&A Activity 2018

Oct 16, 2018

Informazione Regolamentata n. 20053-58-2018		Data/Ora Ricezione 16 Ottobre 2018 14:35:36	MTA - Star
Societa'	:	Tecnoinvestimenti S.p.A.
Identificativo Informazione Regolamentata	:	109550
Nome utilizzatore	:	TECNOINVNSS01 - KAY
Tipologia	:	3.1
Data/Ora Ricezione	:	16 Ottobre 2018 14:35:36
Data/Ora Inizio Diffusione presunta	:	16 Ottobre 2018 14:35:37
Oggetto	:	Visura and its subsidiaries	Approved the corporate reorganization of
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Approved the corporate reorganization of Visura and its subsidiaries

Lextel S.p.A. and ISI Sviluppo Informatics S.R.L. will be incorporated In Visura S.p.A.

Rome, 16 October 2018. Tecnoinvestimenti S.p.A. communicates that the administrative organs of Visura S.p.A. ("Visura") – a subsidiary of Tecnoinvestimenti S.p.A. – and its subsidiaries Lextel S.p.A. ("Lextel") and ISI - Sviluppo Informatico - S.r.l. ("ISI") have approved the merger projects by incorporation of these in Visura S.p.A.

The operation is part of the process of simplifying the corporate structure of the Tecnoinvestimenti Group.

Since the incorporated companies are wholly controlled by Visura S.p.A., the merger will take place in a simplified form under and for the effects of Art. 2505 of the Italian Civil Code and, in particular, with no exchange or increase of capital of the incorporating company.

It is expected that the act of merger, including the related steps to complete it, will be perfected by the end of 2018.

The merger, on the basis of the forecasts and plans currently defined, will not substantially change the economic and financial results forecast of the Tecnoinvestimenti Group.

THE TECNOINVESTIMENTI GROUP

The Tecnoinvestimenti Group reported the following consolidated results for First Half 2018: Revenues of €114.5 million, EBITDA of €28.9 million and Net profit of €14.6 million. The Group, listed on the STAR segment of the Milan Stock Exchange, is one of Italy's top operators in its three areas of business: Digital Trust, Credit Information & Management and Innovation & Marketing Services. The Digital Trust Business Unit, through the companies InfoCert, Visura and Sixtema, provides products and services for digitalisation, electronic billing, certified e-mail and ature, as well as services for professionals, associations and SMEs. InfoCert, the biggest European Certification Authority, recently acquired 51% of Camerfirma in Spain and in September announced a partnership to purchase 50% of LuxTrust, the Luxembourg TSP. The Credit Information & Management Business Unit, which includes the newly renamed Innolva, offers decision-making support services such as real estate and Chamber of Commerce-based information, aggregate reports, summary ratings, decision-making models, and credit assessment and collection services. REValuta offers real estate services, including appraisals and valuations. The Innovation & Marketing Services Business Unit, through the companies Co.Mark and Warrant Group, offers a platform of advisory services to SMEs, to support them through the phases of growth in production and expansion of their commercial capacity. At 30 June 2018 the employees of the Group totalled 1,246.

Sitoweb: www.tecnoinvestimenti.it; Ticker di Borsa: TECN; Codice ISIN IT00050372

CONTACTS
Corporate & Financial Communications	Media Advisor	Specialist
Lawrence Y. Kay	Barabino & Partners S.p.A.	Intermonte SIM S.p.A.
E-mail:	Foro Buonaparte, 22 - 20121 Milano	Corso V. Emanuele II, 9 - 20122 Milano
lawrence.kay@tecnoinvestimenti.it	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
E-mail: carla.piro@tecnoinvestimenti.it