Issue of the fourth tranche set for 15 July 2013
The fourth tranche of the free share capital increase approved by the extraordinary shareholders’ meeting on 23 April 2010 will be implemented on 15 July 2013, after which the company’s share capital will be increased from the current EUR 80,000,000.00 to EUR 90,000,000.00 via the issue of 20,000,000 ordinary shares with a nominal value of EUR 0.50 each.
The issue of new shares will implement, for the financial year 2013, the resolution of the aforementioned extraordinary shareholders’ meeting, which approved the free share capital increase of EUR 50,000,000.00. Under the resolution, this is to be implemented by converting available reserves to capital and issuing 100,000,000 new ordinary shares in the company with a nominal value of EUR 0.50 each, to be allocated by 31 December 2014 in five annual tranches of EUR 10,000,000.00 each, represented by 20,000,000 new ordinary shares.
Please note that:
- the first tranche of the free share capital increase, from EUR 50,000,000.00 to EUR 60,000,000.00 via the issue of 20,000,000 ordinary shares, has been carried out on 5 July 2010;
- the second tranche of the free share capital increase, from EUR 60,000,000.00 to 70,000,000.00 via the issue of 20,000,000 ordinary shares, has been carried out on 4 July 2011;
- the third tranche of the free share capital increase, from EUR 70,000,000.00 to 80,000,000.00 via the issue of 20,000,000 ordinary shares, has been carried out on 9 July 2012.
The 20,000,000 new shares issued in the fourth tranche will be allocated free of charge in the ratio of one new share to eight shares already held. The new shares will carry full dividend rights and will be made available to shareholders through the authorised intermediaries belonging to Monte Titoli SpA’s centralised securities management system on 18 July 2013, with an ex-date of 15 July 2013 (coupon no. 10). From that date, ordinary Ansaldo STS shares will therefore trade "ex-allocation right".
The company has assigned Mediobanca – Banca di Credito Finanziario SpA, an authorised financial intermediary, the task of managing any fractional amounts that might result from the allocation of the shares of the new issue. For further information on the free share capital increase, please refer to the explanatory report to the shareholders’ meeting and the information document made available in 2010 on the company's website www.ansaldo-sts.com at the page “Governance Documents”, at website of Borsa Italiana SpA, and at the company's headquarters.