Trevi Fin Industriale

Related Party Transaction • Jan 6, 2019

Informazione Regolamentata n. 0262-2-2019		Data/Ora Ricezione 06 Gennaio 2019 11:37:50	MTA
Societa'	:	TREVI GROUP
Identificativo Informazione Regolamentata	:	112582
Nome utilizzatore	:	TREVIN01 - Cocco
Tipologia	:	REGEM
Data/Ora Ricezione	:	06 Gennaio 2019 11:37:50
Data/Ora Inizio Diffusione presunta	:	06 Gennaio 2019 11:37:51
Oggetto	:	Decembre 31, 2018 Press Release correction
Testo del comunicato

Vedi allegato.

INFORMATION REQUIRED BY CONSOB PURSUANT TO ART.114 OF THE LEGISLATIVE DECREE No.58/98 – CORRECTION OF A MISTAKE IN TYPING

Cesena, January 6, 2019 – Trevi Finanziaria Industriale S.p.A. (the "Company"), in a partial adjustment of the press release issued on December 31, 2018, announces that in relation to the point:

c) the Company and the Group's main variations in the transactions with related parties compared to the approved last annual or semi-annual financial report pursuant to Art.154-ter of TUF;

the tables relating to "Current trade receivables from subsidiaries" and "Current trade payables to subsidiaries" incorrectly reported the same values.

The correct tables are shown below and cancel and replace those of the previous press release.

Current trade receivables from subsidiaries	30/11/2018	30/06/2017	Variazioni
Trevi S.p.A.	13.828	8.504	5.324
Soilmec S.p.A.	5.149	3.715	1.434
Drillmec S.p.A.	14.526	10.750	3.776
Petreven S.p.A.	2.960	2.935	25
Other	27.437	17.100	10.337
TOTAL	63.901	43.005	20.896
Current trade payables to subsidiaries	30/11/2018	30/06/2017	Variazioni
Trevi S.p.A.	11.727	11.295	432
Soilmec S.p.A.	1.843	2.497	(654)
Drillmec S.p.A.	11.493	10.972	521
Petreven S.p.A.	72	44	29
Other	3.630	3.894	(264)
TOTAL	28.765	28.702	63

***

Without prejudice to what has been mentioned in letter a) in the second part of the press release, the C.F.O., Marco Andreasi, in his position as the Director responsible for drawing up the Company's accounting statements, hereby declares, pursuant to Article 154-bis, paragraph 2 of the Consolidated Law on Finance, that the information contained in this press release accurately represents the figures contained in the Company's accounting records.

This press release contains forward-looking statements. These statements are based on the current estimates and projections of the Group, relating to future events and, by their nature, are subject to an intrinsic component of risk and uncertainty. Actual results may differ materially from those contained in such statements due to a variety of factors, including continued volatility and further deterioration of capital and financial markets, changes in macroeconomic conditions and economic growth and other changes in business conditions, in addition to other factors, the majority of which is beyond the control of the Group.

About Trevi:

Trevi Group is a worldwide leader in the field of soil engineering (special foundations, tunnel excavation, soil consolidation and the building and marketing of special rigs and equipment relevant to this engineering sector); the Group is also active in the drilling sector (oil, gas and water) both in the production of plant and the supply of services, and it also builds automated underground car parks. The Group was established in Cesena in 1957 and today has more than 30 branches and is present in over 80 countries. Its success is due to the vertical integration of the main divisions making up the Group: Trevi, the division that supplies special services in the field of soil engineering, Petreven, the oil drilling division of the Group, Soilmec, the division that produces and develops plant and machinery for soil engineering and Drillmec the division that produces and develops drilling rigs (oil, gas and water). The parent company has been listed on the Milan stock exchange since July 1999.

For further information:

Investor Relations: Francesca Cocco – e-mail: investorrelations@trevifin.com Group Communications Office: Franco Cicognani - e-mail: fcicognani@trevifin.com – tel: +39/0547 319503 Press Office: Community - Strategic communication advisers – T. +39 02 89404231 Auro Palomba - Auro.palomba@communitygroup.it Roberto Patriarca – (T. +39 335 65 09568) - Roberto.patriarca@communitygroup.