Investor RelationsPress Release

pdf Poc Geotea

THE BOARD APPROVES THE ISSUANCE OF A BOND CONVERTIBLE IN SHARES KINEXIA FOR 10 MILLION EUROS RESERVED TO GEOTEA SHAREHOLDERS IN THE TRANSACTION FOR PURCHASE OF ALL GEOTEA SHARES BY ITS SUBSIDIARY WASTE ITALIA.

The Convertible Bond will be issued to 36 months for n. 6.21118 million bonds convertible into ordinary shares of Kinexia, with a nominal value of EUR 1.61 each, with annual interest rate of 6% payable semi-annually and entirely reserved for Geotea shareholders in proportion to their percentage interest in Geotea.

The Closing of the Transaction Geotea is expected by the end of November 2014.

November 20, 2014 - Notice is hereby given that, today, the Board of Directors Kinexia S.p.A. ("Kinexia" and / or "Company" and / or "Issuer") held by a notary public as a result of the authority granted by the Extraordinary of 17 September 2013 and to under Articles. 2443 and 2420-ter of the Civil Code, resolved within Operation Geotea defined below, the issuance of a Bond Convertible ("POC") and the subsequent capital increase to the POC service ("AuCap") for approximately 10 million. Euros. The Convertible Bond approved today will last 36 months,for n. 6.21118 million bonds convertible into ordinary shares of the Issuer, pursuant for the purposes of articles. 2420-bis, first paragraph, and 2420-ter of the Civil Code, with a nominal value of EUR 1.61 each, maximum aggregate nominal value equal to approximately 10 million Euros , fully reserved to Geotea shareholders in proportion to their percentage of participation in Geotea S.p.A. ("Geotea").

Full version of the press release can be seen in the attached pdf

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