BoD - Sale of 44.5% Shareholding in Gruppo Finelco finalized

Sale of 44.5% Shareholding in Gruppo Finelco finalized

Milan, 15 September 2015 – Milan, 15 September 2015 – In the context of its disposal plan of non-core assets, RCS announces that today it has finalized the sale of its 44.45% shareholding in Gruppo Finelco to Unibas Sgps Lda and Marina Berrino, the buyers having exercised their pre-emption right as provided for by the Company's Articles of Association.

 
The consideration, received today, amounts to EUR 21 million plus an additional sum of EUR 1 million contingent upon certain conditions being met by 31 December 2015.

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