Tuesday, March 31, 2015

POINT 4-RCS, Cairo rose to 4.6%, presented his list for renewal … – Reuters Italy


       

(Adds statement Bazoli)


       

MILAN, March 31 (Reuters) – At the end Urbano Cairo has broken through the inertia and has presented its own list for the renewal of the Board of Directors of RCS after disputed fact that majority.


       

He says a note that confirms what early in the morning from two sources. Yesterday at midnight as the deadline for the submission of lists to be voted by the shareholders on 23 April.


       

Cairo, rose from 3% to 4.6% of the publishing company, will compete with Assogestioni for the three seats (out of nine) reserved for minorities. The accountant Stefano Simontacchi (managing partner of Bonelli Erede Pappalardo), Marco Pompignoli and Stefania Petruccioli the names mentioned in the list.


       

Institutional investors (Soul, Arca, Eurizon, Kairos Partners SGR, Mediolanum and Pioneer, representing over 3.2% of capital) chose instead Dario Frigerio, Paul Colonna and the Ciuccarelli.


       

On Friday meanwhile, thanks to the work of mediation of Mediobanca, was an agreement between Fiat and Chrysler historian ‘enemy’ Diego Della Valle to present a joint list which was signed by Pirelli and Intesa Sanpaolo. The list thus represents 38.5% of the capital, which should flank, according to a source, also Unipol (4.6%). Provides confirmation of AD Peter Scott Jovane and Councillor Teresa Crimson, the appointment of Maurizio Costa as president, the entry of Laura Cioli, Tom Mockridge and Gerardo Braggiotti (disputed by Cdr Corriere for his role of advisor nell’onerosa acquisition of Recoletos in 2007).


       

“For us it was very important to a list of quality, consistent and independent. That Mediobanca was good work to which we joined Friday in a constructive way,” said this morning the president John Elkann FCA from Turin.


       

Cairo instead challenged the compromise that led to the choice of Costa to balance confirmation Jovane and remains so “opposition”, a role once occupied, even vehemently, by Diego Della Valle.


       

It remains to understand how the family will vote Rotelli (2.74%), who did not hide his doubts on the current management. More …

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