Elena Distaso
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Edison: outcome of the voluntary conversion of shaving shares in ordinary shares. Variation in share capital composition
Milan, August 5, 2020 - Edison informs that in the period for the voluntary conversion of the saving shares of Edison Spa (listed on the Mercato Telematico Azionario - MTA - of the Italian Stock Exchange) in ordinary shares of Edison Spa (not listed on the MTA), period as extended in order to ensure the effectiveness of the exercise in consideration of the Covid-19 epidemiological emergency and of the subsequent regulatory provisions, from 14 April 2020 to 31 July 2020, requests for conversion were presented for a total of no. 165,932 savings shares, equal to 0.151% of the capital in the same category.
Consequently, for the effect of the conversion, the share capital of Edison, unchanged in the amount of 5,377,000,671.00 euro, is divided into no. 5,267,390,650 ordinary shares and no. 109,610,021 saving shares with a nominal value of euro 1.00 each.
Here below is indicated the composition of Edison’s Share Capital before and after the conversion.
The ordinary shares resulting from the voluntary conversion have been made available to the entitled holders from 5 August 2020, through accounting at Monte Titoli S.p.A. on the deposit accounts of the respective intermediaries.
The updated Bylaws, indicating the new composition of the share capital (article 5), will be made available on Edison’s website, and via the authorised storage system “eMarket Storage”, when deposited with the Companies’ Register.
Public disclosure required by Consob Resolution No. 11971 of May 14, 1999, as amended
Consequently, for the effect of the conversion, the share capital of Edison, unchanged in the amount of 5,377,000,671.00 euro, is divided into no. 5,267,390,650 ordinary shares and no. 109,610,021 saving shares with a nominal value of euro 1.00 each.
Here below is indicated the composition of Edison’s Share Capital before and after the conversion.
| Share Capital before the Conversion |
Share Capital after the Conversion |
|||||
|---|---|---|---|---|---|---|
| Euro | Shares No. |
% on Share Capital |
Euro | Shares No. |
% on Share Capital |
|
| Ordinary shares |
5,267,224,718.00 |
5,267,224,718 |
97.96 |
5,267,390,650.00 |
5,267,390,650 |
97.96 |
| Saving shares |
109,775,953.00 |
109,775,953 |
2.04 |
109,610,021.00 |
109,610,021 |
2.04 |
| Total | 5,377,000,671.00 |
5,377,000,671 |
100.00 | 5,377,000,671.00 |
5,377,000,671 |
100.00 |
The updated Bylaws, indicating the new composition of the share capital (article 5), will be made available on Edison’s website, and via the authorised storage system “eMarket Storage”, when deposited with the Companies’ Register.
Public disclosure required by Consob Resolution No. 11971 of May 14, 1999, as amended
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