Edison: the Shareholders' Meeting approves to restrict a portion of the share capital

This resolution was required by the realignment of statutory and tax values of goodwill and several amortisable assets.

Milan, June 24, 2021 – Edison Shareholders' Meeting - which, as indicated in the notice of call and as permitted by current provisions to deal with the COVID-19 emergency, took place by remote connection and expressing the vote exclusively through the representative appointed by Edison (Computershare), resolved to recognize, in the Company’s financial statements, a tax restriction totalling 1,572,280,356.02 euros on a corresponding portion of the share capital, as permitted by Article 110 of Law Decree no. 104 of August 14, 2020 and by supplemental and related provisions.

This resolution became necessary after Edison opted to realign the tax-base amounts of a portion of Edison’s amortisable assets and goodwill to the corresponding higher reporting values, as permitted by the abovementioned law.

To read the full text of the press release, download the attached pdf.

 

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Public disclosure requirements under CONSOB Resolution no. 11971 of 14 May 1999, as amended