INCRESEAD VOTING RIGHT
The Shareholders’ Meeting on April 18th 2019 approved the amendment of Art.6 of the ByLaws, introducing - pursuant to Art. 127quinquies, paragraph 1, of the TUF - the increased voting right mechanism.
The amendment aims to foster stable and loyal ownership by promoting medium/long-term investment in Brembo’s share capital in order to support the Group’s organic and non-organic growth, as detailed in the illustrative report to the Shareholders’ Meeting (www.brembo.com, within the Section Investors, For Shareholders, Shareholders’ Meeting, 2019).
The statutory amendment provides the allotment of two votes for each share belonging to the shareholder requesting to be registered in the Special List — maintained and updated by the Company — provided that the said share is held for a period of no less than 24 subsequent months starting from the date of its registration in such Special List.
The interested Shareholders may present, by their Intermediary, the request for registration in the relevant Special List, using the application form here attached. Please kindly note that the request of registration cannot be sent directly by the Shareholder, but must be presented by the Intermediary in which Brembo’s shares are deposited.
All details relevant to the procedure for the registration, maintenance and updating of the Special List, complying with the applicable laws, the Bylaws and the market practice, are described in the Increased Voting Right Regulations hereby attached, approved by the Board of Directors of Brembo on April 18th, 2019.
UPDATING INCREASE VOTING RIGHTS – FEBRUARY 7TH, 2023
• Brembo S.p.A. share capital equals € 34,727,914 and consists of n. 333,922,250 shares;
• The number of shares with accrued increased voting rights (two voting rights per share) is no. 179,056,465 shares out of a total of no. 333,922,250 shares, which implies voting rights equal to no. 358,112,930 for a total amount of voting rights equal to no. 512,978,715.
• Pursuant to subsection 8 of art 127-quinquies of the TUF, the increase of voting rights is calculated to determine the quora to convene the Shareholders’ Meeting as well as for it to pass resolutions.
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Current number of voting rights |
Previous number of voting rights |
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Number of shares of which the capital is composed
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Number of voting rights |
Number of shares of which the capital is composed
|
Number of voting rights |
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Total amount, of which: | 333,922,250 | 512,978,715 | 333,922,250 | 512,953,715 |
Ordinary Shares IT0005252728
(dividend rights 1/01/2022)
Current cupon: 6 | 154,865,785 | 154,865,785 | 154,890,785 | 154,890,785 |
Ordinary Shares with increased voting
rights IT0005380149
(dividend rights 1/01/2022)
Current cupon: 6 | 179,056,465 | 358,112,930 | 179,031,465 | 358,062,930 |
