we receive e we publish the following press release issued by Pirelli.
The Boards of Directors of Marco Tronchetti Provera & C. Spa (“MTP Spa”), Camfin Alternative Assets (“CAA”), controlled by Camfin SpA (“Camfin”), Longmarch Holding Srl (“Longmarch”), controlled by MTP Spa, and Camfin have resolved to propose to the shareholders’ meetings of CAA and Longmarch to amend the bylaws in order to extend by 5 years – from June 30, 2035 to June 30, 2040 – the date from which shareholders can request the dissolution of the companies.
These decisions reflect the desire of Camfin, MTP Spa, and the other shareholders of CAA and Longmarch to further strengthen their role as stable, long-term shareholders of Pirelli, reaffirming their trust and commitment to supporting the company's industrial projects.
The resolutions adopted are also consistent with MTP Spa/Camfin's intention to increase its stake in Pirelli up to a maximum of 29,9% – as resolved by the boards of directors of MTP Spa, Camfin, and CAA on October 2, 2024 – to which the purchases made in recent days through CAA are attributable.
