The implementation of the dual class share structure is subject to the admission to listing and trading on Euronext Milan (EXM) of the ordinary shares A, as well as obtaining the required approvals from competent authorities. The new dual class share structure is expected to become effective before 1 January 2022. Further information on the implementation of new dual class share structure will be made available by the Company through additional press releases in accordance with applicable provisions of law.
AUTHORIZATION OF THE BOARD TO ISSUE ORDINARY SHARES A
The General Meeting also approved the authorization of the Board to issue ordinary shares A up to 1,181,227,564 ordinary shares A within a period of eighteen (18) months from the date of the General Meeting. The authorization will be used to issue:
the initial ordinary shares A to those who will be Shareholders on the Record Date, and
to those persons who on the Record Date hold rights to acquire shares in the capital of
the company under existing stock option/grant plans.
The summary report of the votes and the minutes of the General Meeting will be made available within the terms provided by the applicable laws and regulations.
Pier Silvio Berlusconi, chief executive of MFE-MEDIAFOREUROPE N.V.:
"We are extremely satisfied with these two important steps: the creation of MFE-MEDIAFOREUROPE N.V. in the Netherlands and the introduction of a two-tier shareholder structure.
These measures and our excellent busines results give us the possibility of looking to the future also with a view to international development."
Amsterdam - Cologno Monzese, 25 november 2021
Department of Communications and Media Relations
Tel. +39 022514.9301
e-mail: firstname.lastname@example.org http://www.mfemediaforeurope.com
Investor Relations Department
Tel. +39 022514.8200
e-mail: email@example.com http://www.mfemediaforeurope.com
MFE-MEDIAFOREUROPE is an international holding company that brings together Europe's leading commercial broadcasters.
MFE-MEDIAFOREUROPE is based in Amsterdam, in the Netherlands, and controls Mediaset Italia and Mediaset España Comunicación - that are both tax-resident in their respective countries of operation - and the major shareholder of the German broadcaster ProsiebenSat1.