Giglio Group, meeting approves capital increase of up to 5 million

e Novia adopts the 2023 annual incentive plan

(Finance) – Theshareholders’ meeting Of Giglio Groupa company listed on Euronext Milan and active in the field of high added value e-commerce platforms, has nominatedconfirming it, as non-executive and independent director Maria Cristina Grillowho will remain in office until the expiry of the entire Board of Directors (on the date of approval of the financial statements at 31 December 2023).

In extraordinary session, it has the capital increase was approved divisible share for a fee with exclusion of the right of option, by the deadline of 31 December 2023 for an amount up to a total of 5 million eurosincluding any share premium, through the issue of ordinary shares having the same characteristics as the ordinary Giglio shares in circulation and regular enjoyment, to be paid in cash, reserved for the controlling shareholder and other qualified or institutional investors.

Furthermore, it was a delegation to increase the share capital has been granted to the Board of Directorsfor payment, for the part of the capital increase referred to in the previous point not subscribed by the deadline of 31 December 2023, to be carried out in a divisible manner, in one or more tranches, within five years from the date of the resolution, by issuing of ordinary shares having the same characteristics as those in circulation and regular enjoyment, with the exclusion of the option right to be paid in cash, reserved for the controlling shareholder and other qualified or institutional investors.

They were at the assembly 2 shareholders presentrepresenting 12,232,895 shares, corresponding to 55.685% of the share capital and 71.53% of the total number of voting rights (taking into account the voting increase) of Meridiana Holding.

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