Home Coffee companies Packaging Machines Ima announces...

Ima announces completion of merger by incorporation of Corazza S.p.A.

Ima Corazza

BOLOGNA – Ima announces that the merger deed for the absorption of the wholly-owned subsidiary Corazza S.p.A. was signed on 22 December 2020. The merger deed was subsequently filed with the Bologna Companies Register and the merger has become effective from 1 January 2021 following its registration on the same date.

This deed was also published on the website www.ima.it, in the Investor Relations section (Shareholders Meetings), and on the authorised storage system eMarketSTORAGE (www.emarketstorage.com).

There has also been a change in IMA’s voting rights as there is no longer the increase in votes pursuant to art. 127-quinquies of the TUF and article 6 of the articles of association.

With this communication, which is carried out pursuant to art. 85-bis of the Consob Issuers Regulations, it should be noted that:

  • IMA‘s share capital amounts to Euro 22,470,504.68 and consists of 43,212,509 ordinary shares with a par value of Euro 0.52;
  • during December, certain shareholders asked the Company to cancel their right to increased votes on 128,538 shares (two voting rights for each share) out of a total of 43,212,509 shares; this has resulted in a change in overall voting rights from 66,596,241 to 66,467,703;
  • pursuant to art. 127-quinquies, paragraph 8, of the Consolidated Finance Act, the increase in voting rights is taken into account when calculating whether the Shareholders’ Meeting has a quorum to start proceedings and to pass resolutions.