(Alliance News) - Immsi Spa announced Wednesday that the board of directors of Omniainvest Spa has approved a plan for an asymmetrical partial demerger that will be submitted to an extraordinary shareholders' meeting.

Omniainvest is currently owned by Omniaholding-which controls Immsi-83.9 percent, RFM & Partners Spa 9.8 percent, traceable to Ruggero Magnoni, a board member of Immsi, and Zunitas Srl 6.3 percent, traceable to the Zanetti family, whose member Carlo Zanetti is a board member of Piaggio & C. Spa.

As a result of the demerger, a portion of the Immsi shares held by Omniainvest, representing 3.9%, of Immsi's share capital will be assigned to a newly established company wholly owned by RFM & Partners; a portion of the Immsi shares held by Omniainvest, representing 2.5% of Immsi's share capital will be assigned to a newly established company wholly owned by Zunitas; Omniaholding will control 100% of Omniainvest.

As a result of the demerger, Omniaholding will continue to hold 53.4 percent of Immsi on a transparent basis, as it does today.

In addition, in this context, a number of shareholders' agreements involving Immsi have been entered into between Omniaholding, RFM & Partners and Zunitas, which provide for lockup commitments, as well as the indication of a name in the list that will be presented for the appointment of the board of directors.

Immsi is up 0.6 percent to EUR0.45 per share.

By Chiara Bruschi, Alliance News reporter

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