Shares history 1986

The extraordinary shareholders’ meeting of 28 June 1986 voted to increase the company's share capital from ITL 250,000,000,000 to ITL 350,000,000,000, divided into 175,000,000 shares with a nominal value of ITL 2,000 each, as follows:

  1. bonus issue of 50,000,000 new shares with a nominal value of ITL 2,000 each, to be allocated to shareholders in the proportion of two new share for each five shares held;
  2. capitalisation of a total of ITL 100,000,000,000 from the Monetary Revaluation Reserve established pursuant to Italian Law No. 72 of 19 March 1983;
  3. dividend rights of the new shares issued as per points a) and b) effective as of 1 January 1986;

To confirm the issue, coupon No. 4 shall be detached from the share certificates, and a stamp shall be placed on the face of the certificates.
The related transactions shall commence on 18 September 1986 and shall be completed, for the purposes of the relevant institutions on 31 October 1986; following such date, the transactions may be effected only through the Company’s Head Offices against presentation of the related share certificates.
Application was made for the listing of the right with all the Stock Exchanges as from 18 September 1986 and was obtained with the Milan Stock Exchange up to 9 October 1986. The share capital increase was homologated by the Court of Rome by decree No. 10115 of 19 August 1986.