Shares history 1973
The extraordinary shareholders’ meeting of 28 June 1973 voted to increase the company’s share capital from ITL 22,360,800,000 to ITL 26,832,960,000, as follows:
- issue against payment of 1,490,720 new shares with a nominal value of ITL 3,000 each, offered to shareholders in the proportion of one share for every five shares held for a price of ITL 3,000 each plus a premium of ITL 3,000 each;
- the dividend rights attached to the shares became effective on 1 January 1973.
This resolution was ratified by the Civil and Criminal Courts of Rome by decree No. 5174 of 20 August 1973, filed with the Clerk of that Court on 23 August 1973, registered under No. 1136/47 of the Company Register and inserted in folder No. 258/21.
The related transactions began on 19 September 1973; the deadlines relating to the issue were: 16 October 1973 for the exercise of pre-emptive rights, 31 October 1973 for the reverse split of scrips and 15 November 1973 for the exercise of rights by shareholders residing overseas.