The Board of Directors of TerniEnergia, a company active in the renewable energy field, energy efficiency and waste management, listed on the Star segment of Borsa Italiana, met today has approved the sale of the shares of Greenled Srl held by TerniEnergia to its parent company Terni Research SpA.
The Committee for Related Parties has expressed a prior positive opinion, as required by the Rules for Transactions with Related Parties, as well as by Consob Regulation no. 17221 of 12 March 2010.
The shares sold by TerniEnergia account for 70% of the share capital of Greenled, a company active in the development and production of intelligent LED lamps, certified to operate in conditions of high thermal stress into manufacturing and / or industrial plants (eg areas of melting steel mills, glass factories, cement works, etc..) or urban areas and suburban, particularly exposed to the natural elements.
The remaining 30% of the shares belongs to T.S.I. Srl, the developer of LED lamps patent.
The amount of the transaction is € 0.53 million.
