(Finance) – The shareholders’ meeting of IGD SIIQone of the main players in Italy in the retail real estate sector and a company listed on Euronext STAR Milan, has approved the financial statements as at 31 December 2023, the Directors’ Report on operations, the Report of the independent auditing firm and the Report of the Board of Statutory Auditors. The Consolidated Financial Statements as at 31 December 2023 were also presented, the contents of which are already known to the market.
The shareholders also resolved, in accordance with the proposals formulated by the administrative body, to cover the net loss registered at 31 December 2023, equal to Euro 72,514,857.76, with the available reserves for Euro 57,922,821.3 and with the available capital reduction reserve for Euro 14,592,036.46, and to reclassify the Fair Value Reserve for Euro 25,179,494.12 as a result of the partial cessation of the unavailability regime provided for by the art. 6 of Legislative Decree no. 38 of 28 February 2005, increasing the available reserves by the same amount. Consequently, the Fair Value Reserve, relating to the valuation of real estate assets at fair value, would go from Euro 212,585,853.75 to Euro 187,406,359.63.
On the basis of the lists presented, the Assembly appointed which ones members of the Board of Directors: Antonello Cestelli, Antonio Cerulli, Roberto Zoia, Antonio Rizzi, Mirella Pellegrini, Simonetta Ciocchi, Daniela Delfrate, Edy Gambetti, Laura Ceccotti taken from list no. 1 presented by the majority shareholder Coop Alleanza 3.0 soc.coop. (holder of a stake equal to 40.92% of the share capital), which was voted by 78.91% of the shares represented at the Meeting; Alessia Savino and Francesca Mencuccini taken from list no. 2 presented by the Unicoop shareholder Tirreno soc. coop. (holder of a stake equal to 9.97% of the share capital), which was voted by 21.08% of the shares represented at the Meeting.
Furthermore, the first section of the “Report on policy on remuneration and on the remuneration paid”; resolved favorably on the second section of the “Report on the remuneration policy and remuneration paid”; appointed the Board of Statutory Auditors.