Milan, 30 January 2018 - The Board of Directors of Prelios S.p.A. ('Prelios' or the 'Company'), met today and approved - also taking into account the opinion of the Independent Directors drawn up according to section 39-bis of Consob Regulation 11971/1999 (the 'Opinion of the Independent Directors'), also approved today - the statement drawn up pursuant to section 103, paragraph 3, of Legislative Decree 58/1998 and section 39 of Consob Regulation 11971/1999 (the 'Statement by the Issuer'), expressing its assessment of the mandatory total takeover bid (the 'Bid') with an offer to purchase a maximum of 605,083,779 Prelios ordinary shares (the 'Shares') by Lavaredo S.p.A. (the 'Bidder').

The Board - all members present - considered the offer of 0.116 euros per Share, as set out in the Bid Document, adequate.

For details regarding the assessment by the Board of Directors of the offer and bid price adequacy, see the Statement by the Issuer which will be published, together with the Bid Document, according to the terms and methods established by the law.

The Statement by the Issuer will include: (i) the opinion of the financial advisor and independent expert Mediobanca - Banca di Credito Finanziario S.p.A., appointed by the Board of Directors; (ii) the opinion of the Independent Directors, including the opinion of the independent expert Giorgio Pellati, appointed by the Independent Directors.

Prelios S.p.A. published this content on 30 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 January 2018 17:34:09 UTC.

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