The Shareholders’ Meeting of TerniEnergia, smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of Italeaf Group, met today in Extraordinary session chaired by Stefano Neri.
The shareholder’s meeting has approved – with 63.01 of the share capital attending the meeting and the favorable vote of 99.95% of the attending shareholders – the amendments to the By-laws (art. 6), aimed at introducing increased voting rights.
The introduction of the increased voting rights is aimed at encouraging investments in the medium-long term and therefore the stability of the shareholders, in accordance with the recently introduced option provided in Art. 127-quinquies of T.U.F. and in Article 20 of Law 91 dated June 24th, 2014 (the “Competitiveness Decree”). In particular, the new regulation contained in the By-laws provides for the assignment of two votes for each ordinary share held by the same shareholder for an ongoing period of no less than two years from the date of entry in a specific List created and kept by the Company. The procedures regarding application for entry in the aforementioned List and any other information regarding increased voting rights pursuant to Section 127-quinquies of D.Lgs. 58/1998, will be consultable on the Company’s website.
Mr Stefano Neri, Chairman and CEO of TerniEnergia, stated:
“TerniEnergia, as illustrated to the financial and industrial community at the presentation of the three-year plan “Fast on the road smart energy”, wants to strengthen its growth opportunities through extraordinary transactions, as merger and acquisitions. The introduction of so-called “loyalty shares” in the By-laws, in addition to reward shareholders more faithful, offers a new opportunity to finance the development of the Company, while enabling us to create value for shareholders”.