ASTALDI: INCORPORATION OF ASTALDI CONCESSIONS FOLLOWING PARTIAL DEMERGER OF ASTALDI CONCESSIONI

Astaldi S.p.A., by implementing the Composition Plan and Proposal filed with the Court of Rome and positively evaluated by creditors, informs that the incorporation of Astaldi Concessions S.p.A., a company formed by the partial demerger of Astaldi Concessioni S.p.A., approved on 22 January 2020, became effective.

The planned demerger was carried out by Astaldi Concessioni S.p.A. in order to allow its parent Astaldi S.p.A. to implement the actions included in the latter’s composition plan, also in accordance with the transaction aimed at forming the Liquidation Perimeter as per art. 2447-bis of the Italian Civil Code, approved by Astaldi S.p.A.’s Board of Directors.