Tiscali 2013 Annual Report Download - page 35
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Annual financial report as at 31 December 2013
Date
File Name
Status
Page
-
Annual Report as at 31
December 2013
35
In line with the matters recommended by the Code of Conduct for listed companies, during the board
meeting held on 15 May 2012, the Board of Directors appointed Franco Grimaldi Lead Independent
Director; this office is envisaged by the Code of conduct for listed companies in which the same party
covers the office of Chairman of the Board and Chief Executive Officer or the latter is the reference
shareholder. The office will expire with the renewal of the Board of Directors following approval of the
2014 annual financial statements.
Director in charge of the internal audit and risk management system
In line with the matters recommended by the Code of Conduct for listed companies, during the board
meeting held on 15 May 2012, the Director Luca Scano was appointed as the Director in charge of the
internal audit and risk management system (hereinafter also the Appointed Director). The office will
expire with the renewal of the Board of Directors following approval of the 2014 annual financial
statements.
Shareholding structure
As at the date of this Report, the authorized share capital came to EUR 101,001,987.27, while that
subscribed and paid-in totalled EUR 92,022,830.47; it is represented by 1,861,498,844 ordinary
shares lacking par value, freely transferrable under the terms of the law without there being securities
which grant specific rights of control.
The following table contains indication of the name or corporate name of the shareholders with the
right to vote who hold an equity investment of more than 2% and who have informed the Company
and CONSOB of their equity investment. No restrictions on the right to vote or the transfer of the
securities are envisaged.
Shareholder
Shares held
Percentage
Renato Soru
directly*
via Andalas Ltd
via Monteverdi S.r.l.
via Cuccureddus S.r.l.
331,133,617
278,928,283
1,483,109
17,609,873
33,112,352
17.79%
14.98%
0.08%
0.95%
1.78%
The remaining 82.21% of the share capital is held by the market. The Company is not aware of the
existence of any shareholders’ or other similar agreements.
Warrants
The shareholders’ meeting held on 30 June 2009, resolved the issue of warrants, together with the
share capital increase. In the light of the execution of the above mentioned increase, in November