03 June 2014, 17:00 pm
Genoa, 3 June 2014
Issue of the fifth and last tranche set for 14 July 2014
The Board of Directors of Ansaldo STS SpA (a Finmeccanica Company) met today, set the data of execution of the fifth and last tranche of the free share capital increase approved by the extraordinary shareholders’ Meeting of 23 April 2010, via the issue of 20,000,000 shares, for 14 July 2014.
The issue of new shares will implement, for the financial year 2014, the aforementioned resolution, which approved the free share capital increase of EUR 50,000,000.00. Under the resolution, the capital increase is to be implemented: (i) by 31 December 2014; (ii) through issuing 100,000,000 ordinary shares of the Company, with a nominal value of EUR 0.50 each; (iii) in five annual tranches of EUR 10,000,000.00 each, represented by 20,000,000 ordinary shares to be paid up by converting available reserves to capital.