Retelit -

BOD DECIDES TO CHALLENGE GOLDEN POWER BASED MEASURE

13 June 2018 - 17:45Price sensitive | Press releases

The Board of Directors of Retelit S.p.A. (“Retelit” or the “company”), meeting today, mandated its legal representatives to challenge in the competent legal forums the measure of June 7, 2018 by which the President of the Council of Ministers - following the merely prudent and cautionary notification made by the company subsequent to the Shareholders’ Meeting of April 27 - exercised the special powers under Article 2 of the “Golden Power” decree.

The company in addition confirms that announced to the market on June 8 and therefore that the adoption of the measure does not result in additional costs or investments for the Retelit Group than that already planned, nor changes or restrictions to the operating and commercial strategy set out in the Group’s industrial plan.
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