Italeaf S.p.A. : The Board of Directors assigns operational powers to the Chief Executive Officer
PRESS RELEASE 31 JULY 2018
Italeaf: The Board of Directors assigns operational powers to the Chief Executive Officer
Italeaf's Board of Directors met today, for the first time after the renewal approved by the Shareholders' Meeting, appointing Stefano Neri, Chairman, Monica Federici, Chief Executive Officer of the Company.
The structure of proxies was also confirmed:
- to the Chairman the powers granted by law and the bylaws, the coordination of the Board of Directors and that of the Group's strategic activities;
- to the Chief Executive Officer, in brief, all the powers necessary to carry out acts pertaining to ordinary company business, with the exception of the powers reserved by law, and the bylaws to the Board of Directors, with a limit of Euro 500 thousand per individual transaction.
The composition of the Board of Directors is completed by Domenico De Marinis, an independent director.
This press release is also available on the Company website: www.italeaf.com
Italeaf SpA is obliged to make public this information pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 13.00 CET on 31 July 2018.
Mangold Fondkommission AB, +46 (0)8 5030 1550, is the Certified Adviser of Italeaf SpA on Nasdaq First North.
For further information please contact:
CFO - Italeaf S.p.A.
Italeaf 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, Milano and Lecce; has international offices in London and Hong Kong.
The company controls the smart energy company TerniEnergia, 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.