[vc_row][vc_column][vc_column_text]Genoa 27 August 2020 – The Shareholders’ Meeting of EdiliziAcrobatica S.p.A. (“Company” or “EDAC”), a
company specialized in double safety rope construction works, such as maintenance and renovation of
buildings and other architectural structures, listed on the AIM Italia segment of the Italian Stock Exchange
(EDAC ticker) and Euronext Growth (ALEAC ticker), met today under the chairmanship of Simonetta Simoni
and resolved to allocate the net profit for 2019, equal to Euro 1,225,175.00 as follows:
– Euro 760,726.75 to dividends to be distributed, equal to Euro 0.096 per share, gross of withholding taxes,
with ex-dividend date, in accordance with AIM Italia’s 2020 calendar, on 31 August 2020, date of
entitlement to receive the dividend on 1 September 2020 and date of payment of the dividend on 2
September 2020;
• The remaining part, equal to Euro 464,448.25, for Euro 3,979 to the legal reserve, which with this
allocation reaches the legal limit of 20% of the share capital, and for Euro 460,469.25 to the
retained earnings reserve.
At the same meeting, the Shareholders’ Meeting, having noted the resignation of Director Riccardo Iovino
from the Board of Directors, accepted his willingness to be appointed as a new member of ARIM Holding,
the holding company of which Iovino himself is sole director, and which already holds a stake of
approximately 76.24% of the share capital of EdiliziAcrobatica S.p.A., available.
To guarantee full and complete continuity in the management of the Group as well as greater efficiency
and cost containment, Riccardo Iovino himself will hold the position of Managing Director in the name and
on behalf of ARIM Holding.
“We have considered it appropriate, in recognition of the investors who have believed in us, a partial
distribution of dividends, which is also possible despite the particularly delicate period for the global
economy – commented Riccardo Iovino -. This is certainly an important result for the Group which, during
2019, as well as in 2020, has made important investments aimed at fostering its growth and penetration
into new territories both in Italy and Europe. The development strategies developed in recent years,
moreover, are absolutely in line also with the entry into the Board of Directors of ARIM Holding, the family
holding company of which I am sole director. The objective of this change, which sees me remain in my role
as a board member of the Board of Directors of EdiliziAcrobatica, also in view of the acceleration of the
Group’s expansion on the international front, is in fact to make the best practices that have led
EdiliziAcrobatica to grow exponentially year after year, making it the European reality of reference in the
field of operational double safety rope construction”[/vc_column_text][vc_empty_space height=”22px”][vc_column_text]45- PRESS RELEASE – EDILIZIACROBATICA DELIBERATES THE DISTRIBUTION OF 760 THOUSAND EURO OF DIVIDENDS 27.08.2020[/vc_column_text][vc_empty_space height=”22px”][vc_column_text]Deborah Dirani
Press Office
ufficiostampa@ediliziacrobatica.com
www.ediliziacrobatica.com
EdiliziAcrobatica SpA
Directorate General
Viale Brigate Partigiane 18/2A
16129 Genova (GE)
Mob: +39 393 8911364[/vc_column_text][/vc_column][/vc_row]