Franchetti, no shareholder has exercised the right of withdrawal

Franchetti ABB completed Shares subscribed by Axon Partners and Algebris

(Telestock) – Franchettia company listed on Euronext Growth Milan and active in the maintenance of infrastructure networks, has announced that the period for exercising the right of withdrawal regarding the resolution adopted by the Shareholders’ Meeting of 1 July 2024 to increase the number of votes attributed to multiple voting shares, from 3 to 10 votes each, has ended. No withdrawal declarations have been received by the entitled members.

As of today, it appears the suspensive condition has been verified the effectiveness of the aforementioned statutory amendment is subject to the occurrence of which.

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