ASTALDI: THE MEETING OF THE HOLDERS OF THE NOTES DENOMINATED “€140,000,000 4.875 PER CENT. EQUITY-LINKED NOTES DUE 2024” (ISIN CODE: XS1634544248) APPROVES THE COMPOSITION PROPOSAL

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The Meeting of the holders of the notes denominated “€140,000,000 4.875 per cent. Equity-Linked Notes due 2024” (ISIN Code: XS1634544248) (“UK Notes”) issued by Astaldi met today on first call and approved with the favourable vote of 80.05% of the attendees Astaldi’s composition proposal on a direct going concern basis (the “Proposal”).

Pursuant to the applicable Italian regulations, the outcome of the vote of the aforementioned Meeting will be expressed by the Common Representative of Noteholders at the Creditors’ Meeting, or within 20 days thereafter, as permitted by article 178 of the Insolvency Law, already set by the Court of Rome for 26 March 2020, at 10:30 a.m. (CET).

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Last updated: Feb 25 2020