The Board of Directors of TerniEnergia, a smart company listed on the Italian Stock Exchange’s electronic share market (MTA) and part of the Italeaf Group, met today under the chairmanship of Stefano Neri, resolved to apply the minimum shareholding of 4.5% for the presentation of the lists of candidates for the election of the administrative and control bodies.
This minimum share quota was determined following the CONSOB Executive Determination no. 13 of 24.01.2019, to which reference should be made, also considering that Article 13 of TerniEnergia’s by-laws states that “Only shareholders who, alone or together with other shareholders submitting lists, represent a total of at least 2.5% of the share capital with voting rights at the ordinary shareholders’ meeting or, if different, the maximum percentage that may be allowed by law or regulations, shall be entitled to submit lists”.
