Pirelli & C. S.p.A. announces that today it called – in ordinary and extraordinary session – a Shareholders’ Meeting in Milan, Via Agnello 18, at the offices of Studio Notarile Marchetti, at 3:00 p.m. on Wednesday 24 March 2021 in sole call.
The Shareholders’ Meeting shall call to resolve upon:
- in ordinary session, the confirmation in the role of board member of Mr. Angelos Papadimitriou, already coopted by the Board of Directors on 5 August 2020;
- in extraordinary session, the increase of the share capital with the exclusion of the shareholders’ option rights pursuant to article 2441, paragraph 5, of the Italian Civil Code, to be exclusively reserved for the conversion of the equity-linked bond denominated “EUR 500 million Senior Unsecured Guaranteed Equity-linked Bonds due 2025” issued on 22 December 2020 and admitted to trading on the Vienna MTF.
On the same date as publication of the notice of call, the Directors’ Reports containing the proposal for resolution relative to all the items on the agenda are made available to the public at the Company’s registered office in Milan, Viale Piero e Alberto Pirelli 25, at Borsa Italiana S.p.A. and at the authorised storage mechanism eMarket Storage (emarketstorage.com), as well as published on the Company’s website www.pirelli.com.
The opinion of the auditing firm on the appropriateness of the issue price of the shares related to the capital increase will be made available in the same manner as above by 3 March 2021.
Conduct of the Shareholders’ Meeting
In order to reduce the risks associated with the Covid-19 health emergency, the Company has decided to take advantage of the option, set out by the current provisions, which establishes that the participation of those who have the right to vote take place exclusively through the Appointed Representative, without the physical presence of those who have the right. For further information regarding the Shareholders’ Meeting please refer to the notice of call and to what is indicated in the Company’s website in the section dedicated to the event.