Milan,
15
March
2016
|
17:50
Europe/Amsterdam

PRESS RELEASE

Following the press release issued on 19 February 2016, it is reported that the period during which the entitled persons were allowed to exercise the withdrawal right following the resolutions, adopted by the ordinary shareholders’ meeting of Pirelli & C. and (as far as it pertains to them) by the special assembly of the savings shareholders’ of Pirelli & C., held on 15 February 2016, of the mandatory conversion of savings shares into a special class of newly issued (delisted) non-voting shares and the adoption of the new by-laws, is ended on 5 March 2016.

According to the notices received by the Company, it results that the withdrawal right has been duly exercised in relation to No. 460,277 savings shares (currently special shares, after the mandatory conversion), for an aggregated liquidation value of Euro 6,894,028.91

The above mentioned shares for which the withdrawal right has been exercised are offered in option and for pre-emption to all shareholders of Pirelli & C., pursuant to Article 2437-quarter, paragraphs 1, 2 and 3, of the Italian Civil Code, at the terms and according to the modalities described in the notice filed today with the Companies’ Register of Milan and attached hereto.

 

Published on: 15 March 2016, 18:50 CET