(Finance) – Saipem summoned an extraordinary assembly for 17 May 2022, in single call, at 11.00. The shareholders of the services and solutions company for the energy and infrastructure sector are called to discuss and resolve on the capital increase, which became necessary after the maxi profit warning last January. On the agenda are the measures for the recapitalization of the company.
In particular: the proposed reduction of the share capital for losses resulting from the company’s balance sheet as at 31 December 2021; the assignment proposal pursuant to art. 2443 of the Civil Code to the BoD of delegation to increase the capital social security to be offered as an option to paid members, for 2 billion eurosto be carried out by March 31, 2023, inseparably, through the issue of ordinary shares and related share reverse split functional to the capital increase.