Milano, 16 February 2021 - A2A announces that with judgments num. 412, 413 and 414 of 15 th February 2021, the Lombardy Regional Administrative Court - Milan has cancelled the deliberation of the Municipal Council of Seregno n. 17/2020, and related attachments, which had approved the integration project between AEB S.p.A.and A2A S.p.A. ('Transaction') in consideration of an alleged divergence of the resolution with respect to the management rules of public holdings. The judgments were promoted by some politicians of the local authorities and by some local entrepreneurs.
It is recalled that, in former in injunction order, the Council of State had reformed the ordinances adopted by the Lombardy Regional Administrative Court - Milan which had ordered the interim suspension of the contested acts, considering that the appeals proposed were, on a summary assessment, inadmissible due to lack of legitimacy and of interest of the applicants and due to the “nature of the corporate amending event and the non-fungibility of the operation” approved with the aforementioned resolution of the Municipal Council of Seregno.
For this reason, the Transaction was beign addressed on 27 th October 2020, given that on that date no judicial measure prevented its completion.
The Company deems the rulings of the Lombardy Regional Administrative Court - Milan unacceptable and has already announced that it will appeal to the Council of State in accordance with law.
At the end, the Company specifies that the aforementioned judgments do not produce direct effects on the corporate deeds of completion of the Transaction.
A2A Media Relations
Giuseppe Mariano
Tel. 02 7720.4583
ufficiostampa@a2a.eu