Milan, 4 September, 2014. In execution of the agreements between A2A and Dolomiti Energia of March 15, 2012 relative to the acquisition of Edipower on May 24, 2012, and as a result of the rights provided for therein by Dolomiti Energia, yesterday A2A and Dolomiti Energia finalized the exchange of the 8.54% shareholding of the share capital of Edipower held by Dolomiti Energia with the 7.91% shareholding of the share capital of Dolomiti Energia held by A2A.
In addition to the shares exchange, A2A will settle the balance of approximately 16 million euros in four quarterly installments to Dolomiti Energia, starting from October 1, 2014 until July 1, 2015. The last payment may also be settled through the transfer of some assets currently owned by A2A.
As a result of today's transaction, the shareholder composition of Edipower is as follows: A2A 79.5%, SEL 8.5%, Mediobanca 5.1%, Fondazione CRT 4.3%, BPM 2.6%.
A2A Group, in compliance with the provisions of the IASs/IFRSs, has already accounted for the effects of this transaction in the previous financial statements, to which reference should be made for further details.
Following this transaction, the commercial agreement for the supply of energy produced by Edipower's Plants (480 GWh in 2013 and 160 GWh in the first half of 2014) from A2A Group to Dolomiti Energia is terminated.
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