We hereby announce that, on the basis of the agreement between Hitachi Ltd., Hitachi Rail Italy Investments S.r.l. and Elliott Management Corporation, Elliott International, L.P., Elliott Associates, L.P. and The Liverpool Limited Partnership for the purchase by Hitachi Rail Italy Investments S.r.l. of the entire shareholding in Ansaldo STS S.p.A. now held by Elliott International, L.P., Elliott Associates, L.P.
Notice pursuant to Article 102, paragraph 1, of Legislative Decree No. 58 of February 24, 1998, as subsequently amended and supplemented, and Article 37 of the CONSOB Regulation adopted with resolution No. 11971 of May 14, 1999, as subsequently amended and supplemented, as well as pursuant to Article 41, paragraph 2, letter c) of the CONSOB Regulation adopted with resolution No. 11971 of May 14, 1999, as subsequently amended and supplemented (the “Notice”).
Ansaldo STS S.p.A. is a company with shares listed on the STAR segment of the MTA market managed by Borsa Italiana
The purchase concerns a shareholding in Ansaldo equal to 31.794% and following the purchase, Hitachi will come to hold an aggregate shareholding equal to 82.567% of Ansaldo STS’s share capital
Ansaldo STS (STS MI) through its subsidiary Ansaldo STS Malaysia Sdn Bhd, partner of the Ansaldo STS Pestech consortium1, has been awarded a project contract for the signalling of the 198km track that extends between Gemas to Johor Bahru in southern Malaysia. The contract for Ansaldo STS portion is worth approx. MYR 264 million, approx. EUR 55 million.
Ansaldo STS (STS.MI), as Leader of FLOW consortium1, has received yesterday a letter of award from ArRiyadh Development Authority (ADA) related to the operation and maintenance services contract of Lines 3, 4, 5 and 6 of Riyadh Metro. The contract covers a period of 12 years including the mobilization period, and has a total value to the FLOW Consortium of 10.9 billion Saudi Arabian Riyals, equal to 2.9 billion USD.
Ansaldo STS’ share is equal to about 1 billion USD.
We hereby announce that the First Half-Year Financial Report as of 30 June 2018, approved by the Board of Directors of Ansaldo STS S.p.A. held on 31 July 2018, has been made available to the public at the Company’s registered office, on the Company’s website at the address www.ansaldo-sts.com/en/investor-relations/financial-reports, as well as on the authorized storage system at www.emarketstorage.com.
We hereby announce that today the First Six-Months Financial Report as of 30 June 2018, approved by the Board of Directors held on 31 July 2018, has been made available to the public at the registered office and on the Company’s website at the address www.ansaldo-sts.com/en/investor-relations/financial-reports as well as on the authorized storage system at www.emarketstorage.com.
We hereby announce that the ninth edition of Ansaldo STS’s annual Sustainability Report for the year 2017 has been made available to the public on the Company’s website today.
This Report, approved by the Board of Directors, approved on 31st July 2018, was audited (so-called "limited assurance") by the auditing company Ernst & Young in accordance with the provisions of ISAE 3000 (Revised).
The Ansaldo STS’s Board of Directors today resolved to censure the director, Mr. Fabio Labruna, for his behaviour, recently, in breach of his duty of confidentiality, having filed a further groundless lawsuit against the Company, that, as the previous ones, has been rejected by the Court of Genoa, with award of legal expenses reimbursement in favour of the Company.
The Board of Directors also confirms its commitment to preserve the rights of the Company regarding privacy and confidentiality matters.
- New orders at EUR 496.6 million (-23.9%)
- Order backlog at EUR 6,259.7 million (-3.0%)
- Revenue at EUR 660.1 million (+3.8%)
- EBIT at EUR 54.4 million (-3.7%)
- Net result at EUR 41.3 million (-3.7%)
- Net Financial Position, positive net cash, at EUR (349.5) million (+24.8%)
The Board of Directors of Ansaldo STS (STS.MI) has examined and approved the Group's consolidated First-Six Months Financial Report at 30 June 2018.