Rome 20 December 2013 12:16
Finmeccanica advises the annual calendar of corporate events for the year 2014, as shown in the table below:
- Wednesday 19 March – Board of Directors: Draft Annual Report for 2013; Consolidated Results for 2013
- Wednesday 7 May – Board of Directors: Results for the First Quarter of 2014
- From Monday 19 to Friday 30 May –Shareholders’ Meeting: Annual Report for 2013
- Wednesday 30 July – Board of Directors: First Half Report for 2014
- Wednesday 5 November – Board of Directors: Results for the Third Quarter of 2014
Pursuant to Art. IA.2.1.3 of the Instructions to the Rules of Borsa Italiana S.p.A., is hereby notified that – in consideration of the time interval foreseen for the Annual Report Meeting – any possible payment of dividend on the results of FY 2013 would be made in June 2014.
The conference calls/meetings to present the results to the Financial Community will usually take place the same day or the day after the approval by the Board of Directors.
Any amendment to this calendar will be timely announced.
The Company’s Board of Directors has also resolved to formally institute the new Nomination Committee, as announced in the Corporate Governance Report and in accordance with the Corporate Governance Code, with the aim of making it operational by the end of the term in office of the present Board of Directors.
The new Committee is composed of the following Directors, most of which are independent:
Giovanni De Gennaro (Chairman)
Paolo Cantarella (Independent)
Giovanni Catanzaro (Independent)
Silvia Merlo (Independent)
Francesco Parlato
Lastly, the Board of Directors has carried out the periodic review of the “Procedure for Related Party Transactions”, approved on 26.11.2010 and subsequently updated on 13.12.2011, as set forth in the Procedure and recommended by the Italian stock exchange regulator, Consob.
In addition to updates concerning changes in the organisational structure of the Company, the Board (following unanimous favourable opinion by the Control and Risks Committee acting as Committee for Related Parties Transactions ) approved changes suggested by practice and by the experience gained in the first implementation phase of the procedure, among which special attention should be given to: the extended notion of “Related Parties”, with the consequent application of the Procedure also to the members of the Surveillance Body; the introduction of periodic information flows to the Board of Directors and to the Committee about Transactions of Greater Importance that benefited from the exemption provided for Regular Transactions closed under market-equivalent or standard terms; the extended scope of application of differentiated and reduced “Smaller Amounts” thresholds to transactions entered into with individual parties.
The updated Procedure is available on the Finmeccanica Website: www.finmeccanica.com (Governance section, Related Parties area).