16
November
2007
|
12:00
Europe/Amsterdam

Pirelli: all shareholders in shareholders' agreement purchase shares put up for sale by Capitalia

It is made known that today Capitalia Partecipazioni S.p.A sold its 81,665,400 ordinary shares in Pirelli & C. S.p.A. which had been conferred to the Pirelli & C. S.p.A. Shareholders' Agreement (equal to approximately 1.56% of the ordinary share capital), pro-quota to the other participants in the Shareholders' Agreement.

The price was 0.826 euros for each share, equal to, in conformity with what was established by the Shareholders' Agreement, the average stock market price registered in the three months preceding the sale offer. The above-mentioned shares were redistributed as follows:

Shareholders' Agreement Participant no. of shares purchased
CAMFIN SpA 35,905,123
MEDIOBANCA SpA 8,142,405
EDIZIONE HOLDING SpA 8,142,092
FONDIARIA – SAI  SpA 7,811,876
ALLIANZ SpA 7,791,434
ASSICURAZIONI GENERALI SpA 7,791,434
INTESA SANPAOLO SpA 2,853,852
Massimo MORATTI 2,107,226
SINPAR SpA 1,119,958
Total 81,665,400
Following the above-mentioned sale and purchases, the new composition of the Shareholders' Agreement of  Pirelli & C. SpA is therefore the following:
Shareholders' Agreement Participant No. of shares conferred %  of total shares conferred % of total ordinary shares issued
CAMFIN S.p.A. 1,063,360,850 43.97 20.32
MEDIOBANCA S.p.A. 241,144,264 9.97 4.61
EDIZIONE HOLDING S.p.A. 241,135,003 9.97 4.61
FONDIARIA - SAI S.p.A. 231,355,374 9.57 4.42
ALLIANZ S.p.A. 230,749,971 9.54 4.41
ASSICURAZIONI GENERALI S.p.A. 230,749,965 9.54 4.41
INTESA SANPAOLO S.p.A. 84,519,252 3.49 1.62
Massimo MORATTI 62,407,310 2.58 1.19
SINPAR SPA 33,168,521 1.37 0.63
Total 2,418,590,510 100 46.22