(Alliance News) - Nice Footwear Spa announced Monday that Bruno Conterno, chairman of the board of directors, as well as Francesco Torresan and Angelo Sinico, both executive directors of the company, today resigned from their respective positions.

These are in accordance with the commitments undertaken by Nice Company Srl under the terms of the Adhesion and Non-Adhesion Agreement signed last November with Palladio Holding Spa, which was succeeded on November 22, 2022 by Holding StilosaSpa.

The resignation is contingent on the completion of the tender offers made by the bidder on the company's ordinary shares and warrants called "Nice Footwear 2021-2026 Warrants" and will take effect as of the first shareholders' meeting.

Nice Footwear closed Monday's session flat at EUR12.20 per share.

By Maurizio Carta, Alliance News reporter

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