Friday, November 3, 2017 - 18:11

Cesena (Italy), 3 November 2017 –Technogym S.p.A. announces the new share capital of THE Company following the execution of the gratuitous increase of the share capital, for an amount equal to nominal Euro 50,250.00, decided on 31 October 2017 by the Board of Directors of the Company, pursuant to articles 2443 e 2449 of the Italian Civil Code, and exercising the mandate conferred by the Extraordinary Shareholders meeting on 30 March 2016.

The increase of share capital has been executed through the issuance of nr. 1,005,000 ordinary shares, without nominal value, released by transfer to capital, for the relevant amount of Euro 50,250.00, of the “Stock Option Plan Reserve” item into the balance sheet; today the shares has been assigned to the Company’s employees beneficiaries of the “Long Term Incentive Plan” approved by the Board of Directors on 22 June 2012, as modified and amended pursuant the decisions of the same Board of Directors on 18 June 2015 and 16 December 2016.

The minutes of the Board of Directors, togheater with the new text of the reviewed Articles of Association, has been registered at the competent Companies Registration Office of Romagna Forlì-Cesena-Rimini.