Rome, March 25, 2020 – ENAV S.p.A. informs that the Board of Directors, held today under the chairmanship of Nicola Maione, has resolved that the ordinary Shareholders' Meeting, originally scheduled for May 5, 2020, be convened, in a single call, on May 21, 2020 due to the ongoing COVID-19 emergency and taking into account the measures issued by the Italian Government to contain the effects of the emergency. The 2020 calendar of corporate events, previously communicated on December 17, 2020, is updated accordingly.
The Shareholders' Meeting will be held with the most appropriate means to encourage the adequate participation of shareholders, in compliance with the restrictive measures to contain the spread of the COVID-19 epidemic.
The announcement of call of the Shareholders' Meeting will be published in compliance with the applicable terms and means pursuant to the law.
In consideration of the new Shareholders' Meeting date, the Company confirms that the dividend will be paid on 27 May 2020, with the ex-dividend date on 25 May 2020 and the record date on 26 May 2020.
Below is the updated calendar of corporate events for 2020:
14 May : Board of Directors to approve the financial report for the quarter ending on 31 March 2020;
21 May : Shareholders’ Meeting to approve the financial statements for the year 2019;
4 August : Board of Directors to approve the interim financial report as of 30 June 2020;
12 November : Board of Directors to approve financial report for the 9 months ending on 30 September 2020.
With reference to the possibility of reporting financial information in addition to the annual and interim reports, as provided for in Article 82.-ter of the Issuer Regulations, taking into account the requirements of its stakeholders, ENAV has decided to publish on a voluntary basis quarterly financial reports for the periods ending on 31 March and on 30 September.
Specifically, the quarterly financial information of the Group will be compared with information relating to the previous year and will include the following elements:
I) profit and loss, balance sheet and cash flow statement;
II) indication of revenues by type of business, personnel costs and external costs, including comments on their performance;
III) net financial position;
IV) details on traffic trends during the respective reporting period together with related comments.
The quarterly financial report may also contain additional qualitative and quantitative information to explain business trends more effectively, where necessary.
The quarterly financial reports will be approved by the Board of Directors according to the schedules published on the ENAV website www.enav.it and will be made public through press release within forty-five days from the end of the relevant quarterly period.
The conference calls with analysts and institutional investors, regarding the periodic financial results, will be held on the same day or the day after the approval of the results by the Board of Directors, according to procedures that will be made public on each occasion.
Any changes in the above information will be promptly reported to the market.