Following disclosures to the market, the most recent of which made on 14 February 2019, Astaldi S.p.A. (the “Company”) informs that the Company’s Board of Directors met today. During the meeting, the BoD took note that on 28 March 2019 Salini Impregilo S.p.A. (“SI”) sent to the Company a notice extending from 31 March 2019 to 20 May 2019 the term relative to the condition precedent the offer to execute one or more binding agreements between SI, credit institutions and institutional investors aimed at governing the investment sharing required to support the Composition with Creditors’ Proposal.
Furthermore, the Board of Directors, in its today’s meeting, resolved to postpone the review and approval of the Draft Financial Statements and Consolidated Financial Statements at 31 December 2018 to a later date. In fact, the BoD considered appropriate, in approving said financial data, to postpone any decision in this regard in order to fully take into account and incorporate the relevant effects of the development of the Composition Procedure since, as already known, SI participation to said procedure is subject to conditions.
In order to guarantee a correct disclosure to the market, pursuant to art. 114, subsection 5, of Legislative Decree no. 58/1998, the Company will see anyway to the publication of the information relative to the 2018 statement of financial position in the coming days. Similarly, the information relative to the statement of financial position of Q1 2019 will be published by 15 May 2019.