Skip to main content

Italeaf: updating of the corporate events calendar, postponement of approval of financial reports

Written by Customer Service on . Posted in Public Companies.

PRESS RELEASE 5 AUGUST 2020Italeaf: updating of the corporate events calendar, postponement of approval of financial reportsItaleaf SpA, holding company, announces that the Board of Directors has resolved to postpone the approval of the draft financial statements and consolidated financial statements for 2019, as well as the half-yearly financial report at 30 June 2020, until a date to be determined at a subsequent meeting.
The decision was made in reason:
a) the resolution taken on 4 August 2020 by the Board of Directors of the subsidiary algoWatt S.p.A. (formerly TerniEnergia), the main asset of the holding company, to postpone the approval of its draft financial statements and consolidated financial statements as at 31 December 2019 and the half-yearly financial report as at 30 June to a date to be determined with a subsequent meeting of the Board of Directors within the last decade of October 2020;
b) the willingness of the Group’s management, assisted by its Financial Advisor, to verify the impact of the COVID-19 emergency on the process of updating and finalizing the Recovery and Relaunch Plan already announced and the related Financial Agreement.This press release is also available on the Company website: www.italeaf.comFor further information please contact:
Claudio Borgna CFO – Italeaf S.p.A.
Email: borgna@italeaf.comItaleaf SpA, established in December 2010, is a holding company and a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, and at Milano.
The company controls the Greentech solutions company algoWatt, listed on the MTA of the Italian Stock Exchange, Skyrobotic, active in the business development and manufacture of civil and commercial drones in mini and micro classes for the professional market, Numanova, operating in the field of innovative metallurgy and additive manufacturing, and Italeaf RE, a real estate company. Italeaf holds, among others, a minority stake in Vitruviano LAB, a research center active in the R&D sector for special materials, green chemistry, digital transformation and cleantech.AttachmentPress-release-upcaleval-05-08-2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.