Milan, May 8th, 2023 – With reference to the press release issued on 16th of March, 2023 regarding the submission by A2A S.p.A. (“A2A”) of a non-binding offer for the entry, through a capital increase, into the share capital of EGEA – Ente Gestione e Ambiente S.p.A. (“EGEA”) with a participation of absolute majority (50,1%), A2A communicates to have requested an extension to the exclusivity period agreed by the parties, due to expire on May 15, 2023, in order to continue with the due diligence activity.
EGEA has communicated to A2A to agree with the continuation by A2A of the due diligence activity and of the negotiations up to the June 12, 2023, but subject to the waiver by A2A of the exclusivity in relation to the ongoing negotiations before the deadline of May 15, 2023,
waiver against which EGEA will send an invitation letter to continue with the due diligence within the context of a competitive procedure to which other subjects could be invited. A2A has agreed upon the EGEA requests and, as a consequence, by agreement between the parties, the negotiations under exclusivity started following the non-binding offer have been interrupted. Therefore, A2A intends to pursue the negotiations in the context of the competitive procedure.
Contacts:
Giuseppe Mariano
Media Relations, Social Networking and Web Manager
Silvia Merlo - Silvia Onni
Press Office
ufficiostampa@a2a.eu
Tel. [+39] 02 7720.4583
Marco Porro
Investor Relations Manager
Tel. [+39] 02 7720.3974, ir@a2a
- Società
