Significant Shareholdings
12 May 2022
Data source: mandatory communications received from Shareholders
Piteco S.p.A qualifies as an “SME” in accordance with Article 1, paragraph 1, letter w-quater.1) of Legislative Decree No. 58 of February 24, 1998 (the “Consolidated Finance Act”), as the market capitalization relating to the year 2020 (calculated in compliance with Article 2-ter, paragraph 1, of CONSOB resolution No. 11971 of May 14, 1999) was lower than the threshold of Euro 500 million established by Article 1, paragraph 1, letter w-quater.1), of the Consolidated Finance Act.
Therefore, the initial threshold for the disclosure of significant shareholdings, pursuant to article 120, paragraph 2, of the Consolidated Finance Act, is equal to 5% of the share capital with voting rights. Further disclosure thresholds are equal to 10%, 15%, 20%, 25%, 30%, 50%, 66.6% and 90% of the share capital with voting rights.