FURTHER CANCELLATION OF 6,799,000 TREASURY SHARES
Venice - Mestre, 1st April 2025
The Board of Directors of OVS S.p.A. resolved today the further cancellation of 6,799,000 treasury shares, in execution of the mandate conferred by the Shareholders' Meeting of 19 February 2025, with consequent amendments to Article 5 of the Articles of Association, declaring the exercise of the mandate completed.
The exercise of the mandate follows the prior cancellation of 29,092,347 treasury shares, as approved at the Shareholders' meeting.
The cancellation will have no effect on the Company's shareholders' equity or on its share capital, with a consequent automatic increase in the resulting accounting par value of OVS shares.
The share capital of OVS amounts to Euro 290,923,470.00 and is currently divided into 261,831,123 ordinary shares without par value. Upon registration of the notarial minutes of today's Board of Directors' Meeting and the Articles of Association in the Companies Register, the share capital will still amount to Euro 290,923,470.00, divided into 255,032,123 ordinary shares without par value.
It should be noted that the shareholders' resolution was approved with a favourable vote of 99.757% of the voters and, specifically, with the favourable vote of 99.528% of the minority shareholders - therefore with the majority required by Article 44 bis, paragraph 2, of the Issuer Regulation (so-called whitewash mechanism).
For any further information, please refer: (i) to the press release of 19 February 2025; and (ii) to the documentation concerning the Shareholders' Meeting of 19 February 2025, available on the Company's website,www.ovscorporate.it, and on the authorised storage facility "1Info" at www.1info.it.
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Please note that the minutes of the Board of Directors' Meeting and a copy of the updated Articles of Association will be made available to the public at the Company's registered office, on the Company's websitewww.ovscorporate.it and from the authorised storage facility "1info" under the terms and conditions established by applicable legislation.
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The Financial Reporting Officer, Nicola Perin, declares, pursuant to paragraph 2 of Article 154-bis of the Consolidated Law on Finance (TUF), that the accounting information contained in this press release corresponds to the documentary results, books and accounting records.
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For more information Federico Steiner Barabino & Partners S.p.A.
F.steiner@barabino.it Mob. +39 335 42 42 78
Investor Relations OVS S.p.A.investor.relations@ovs.it
Via Terraglio 17, 30174 Venice - Mestre
OVS SpA
Registered office: Via Terraglio 17,
30174 Venice Mestre, Italy T +39 041 2397500 F +39 041 2397630 Venice Companies Register
Tax ID and VAT No. 04240010274www.ovscorporate.it
Share capital €290,923,470.00 fully paid up