Yesterday 1 October the Moratti brothers, Gian Marco and Massimo, signed a shareholders' agreement on the shares held in Saras, thus binding 50% of the capital. After the split in two of the limited partnership that controlled 50% of Saras, the two companies, headed by the two Morattis, hold 25% of the group based in Sarroch.
The agreement, which secures control of the listed company, was communicated to Consob and has, among other points, the appointment of corporate bodies, the exercise of the right to vote in shareholders' meetings and a mutual non-transfer obligation of the shares held.
Furthermore, neither party may become the owner of Saras shares in addition to the shares already held at the signing date of the agreement 'without the prior written consent of the other party, except in cases of subscription of capital increases, even free of charge'.
