The main aim of the merger is to improve and streamline the management of staff and assets involved in the promotion of digital services and digital product communications, training and e- learning, generating significant organisational synergies.
In relation to the merger operation, the Shareholders' Meeting also approved the amendment of article 4 of Fiera Milano's articles of association.
As the merger involves a wholly owned company, the transaction will not affect the shareholding structure of Fiera Milano, which therefore is unchanged.
Finally, the Extraordinary Shareholders' Meeting approved the amendment of article 17.2(i) of the Company's articles of association.
None of the aforementioned resolutions triggered the shareholders' right of withdrawal.
Fiera Milano is the domestic market leader and one of the main integrated operators worldwide in the exhibition and congress sector. The Group manages the leading exhibition site in Italy and dominates events in numerous manufacturing sectors: fashion, furniture and furnishings, home and lifestyle, mechanical tooling industry, tourism, professional hospitality, food, plant engineering and energy, construction and art. Specifically, the business of the Group is focused on the management, organisation and hosting of exhibitions and other events through ensuring the availability of equipped exhibition space, project support and related services. Its offer is completed by engineering services, stand-fitting services - for both pre-fabricated and customised stands - stand-fitting technical and logistic services, as well as a multichannel platform that includes web content and congresses.
Fiera Milano has been listed in the STAR segment of the Mercato Telematico Azionario of the Italian stock market since 2002.
Investor Relations Fiera Milano S.p.A. Andrea Maldi, Camilla Cusi
Tel +39 0249977816 firstname.lastname@example.org www.fieramilano.it
Fiera Milano S.p.A. Press Office Gabriele De Giorgi, Mario Lisippo Tel +39 3398431544 email@example.com www.fieramilano.it
Giuliana Paoletti, Simona Raffaelli Tel +39 02 89011300 firstname.lastname@example.org