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Announcement

AD HOC ANNOUNCEMENT/ Disclosure according to Article 17 MAR

 

For Immediate Release                                                                                                                                          2 May 2017

 

 

 

Alitalia – Società Aerea Italiana S.p.A.: filing of a petition for the admission to the extraordinary administration proceedings

 

ISINs: XS1263964576 (Irish Stock Exchange), IT0005137002 (Vienna Stock Exchange), IT0005158099 (Vienna Stock Exchange)

 

 

Public disclosure of information that qualifies or may have qualified as inside information within the meaning of Article 7(1) of the Market Abuse Regulation.

 

Vienna (02.05.2017)

 

Filing of a petition for the admission to the extraordinary administration proceedings

 

The Issuer announces that today Alitalia decided to file a petition for the admission to the "amministrazione straordinaria" (extraordinary administration) procedure with the Italian Ministry of Economic Development. Alitalia’s shareholders meeting, convened today, noted with deep regret the outcome of the referendum among the employees. The negative vote has determined the inability to implement the relaunch and restructuring of the Company.

 

The Board of Directors, which convened after the shareholders meeting, having acknowledged the unavailability of the shareholders to refinance, and the impossibility to find in a short period of time an alternative, has decided unanimously to proceed with the filing for “amministrazione straordinaria”  (extraordinary administration) in compliance with the Italian law.  One or more extraordinary Commissioners are expected to be appointed soon by the Ministry of Economic Development, and will manage the company hence forth. Under this legislative process, the company is also going to file with the Tribunale of Civitavecchia all documentation according to the provisions of the law. Alitalia’s flight schedule will continue to operate as planned.

 

Enquiries

               

Alitalia – Società Aerea Italiana S.p.A.

Via A. Nasetti

Pal. Alfa S.N.C.

00054 Fiumicino (Rome)

Website: www.alitalia.com

ISINs: XS1263964576 (Irish Stock Exchange), IT0005137002 (Vienna Stock Exchange), IT0005158099 (Vienna Stock Exchange)

Stock Exchanges: Irish Stock Exchange, Regulated Market, and Vienna Stock Exchange, Third Market

 

To the kind attention of Mr. Matteo Mancinelli

Phone number: +39 06 6563 5125

Email address: Matteo.Mancinelli@alitalia.com