2018 Capital Increase
The Board of Directors of Safilo Group S.p.A. met on 26 September 2018 and resolved to convene the Extraordinary Shareholders Meeting for 29 October 2018 to approve a share capital increase for consideration, for a maximum amount of Euro 150 million including any share premium, in separable form, through the issue of new ordinary shares to be offered to the Company's shareholders via a rights offering pursuant to Article 2441, paragraph 1, 2 and 3 of the Italian Civil Code (the ShareCapital Increase"), subject to an amendment of the Bylaws in order to eliminate the express indication of the par value of shares.
On 29 October 2018, the Extraordinary Shareholders Meeting approved the Share Capital Increase and granted the Board of Directors with the broadest powers to define the terms and conditions for the executions of the Share Capital Increase.
On 27 November 2018, the Board of Directors of Safilo Group S.p.A. approved the terms and conditions and the timetable of the Share Capital Increase.
