TXT TXT E Solutions SPA

Press Release 19 October 2012

TXT e-solutions: Shareholders' Meeting called for 6 December 2012 at 1500 hours
Milan - 19 October 2012 TXT e-solutions has called a Shareholders' Meeting at the premises of Borsa Italiana (Stock Exchange) in Milan, Piazza Affari 6, to be held on 6 December 2012 at 1500 hours. The subjects for discussion are: confirmation of the appointment of Ms. Teresa Cristiana Naddeo as an Independent Director in compliance with the resolution by the Board of Directors in the meeting held on 10 May 2012; the issue of new shares (about 4,1% of capital) in the form of partial settlement regarding the Maple Lake acquisition; and update of the company by law to reflect new legislation on said transactions. The meeting's agenda is the following: Ordinary Portion: i) Appointment of a Director to the Board of Directors. Extraordinary Portion: i) Increase of share capital by excluding the right of option pursuant to Article 2441.4 of the Civil Code, to the nominal amount of 119.427,00 through the issue of n. 238.854 new ordinary shares, par value 0,50 each, at the unit price of issue equivalent to 5,04; from such amount, 4,54 represents a premium to the tune of 1.203.824,16, reserved for Maple Lake Ltd. shareholders, for payment by contribution in kind of n. 5.051.544 Maple Lake Ltd common shares; resolutions pertaining thereto and resulting therefrom. ii) Adjustment of the company by law to reflect compliance with the new provisions of Law n. 120 dated 12 July 2011, governing equal access to the management and supervisory boards of listed companies. TXT will make a presentation to investors and analysts upon termination of the Shareholders' Meeting, at the same venue of Borsa Italiana (Stock Exchange) in Milan, Piazza Affari 6. Notice of the Shareholders' Meeting call has been posted today on the company website www.txtgroup.com under Governance/ Shareholders' Meeting.
TXT e-solutions is a leading provider of strategic software products and solutions for large-scale industrial enterprises. Core business specializations: Demand & Supply Chain Management through TXT Perform, in particular for companies in the field of Luxury, Fashion, Retail and Consumer Packaged Goods; Software for Complex Operations & Manufacturing in the sector of Aerospace, Defence, High-Tech and Financial Institutions through TXT Next. Listed in the Milan Stock Exchange Star segment (TXT IM), TXT is based in Milan and has offices located in Italy, France, England, Germany, Spain, Canada and Australia.

For further information: TXT e-solutions SpA CFO Paolo Matarazzo Tel. +39 02 25771.355 paolo.matarazzo@txtgroup.com

txtgroup.com

TXT E Solutions (BIT:TXT)
Historical Stock Chart
From Oct 2024 to Nov 2024

TXT E Solutions (BIT:TXT)
Historical Stock Chart
From Nov 2023 to Nov 2024