Prelios: green light to capital increase in option

Price sensitive


o    Consob approves the publication of the Prospectus concerning the offer in option of newly issued ordinary shares

o    Offer Period from 8 February 2016 to 24 February 2016


Milan, 5 February 2016 – Prelios S.p.A. wishes to announce that Consob today approved the prospectus (the “Prospectus”) concerning the offer in option to rights holders and the admission for the listing of newly issued Prelios S.p.A. ordinary shares, derived from the divisible paid-up capital increase approved by the Board of Directors of 12 January 2016 in execution of the power granted to it, pursuant to Art. 2443 of the Italian Civil Code, by the Company's Shareholders' Extraordinary Meeting of 16 October 2015, the terms of which were set by the Board of Directors at its meeting on 3 February 2016 and communicated to the market on the same date (the ”Capital Increase in Option”).

As indicated in the press release on last 3 February, the rights of option which entitle subscription of the Shares may be exercised, subject to forfeiture, between 8 February 2016 and 24 February 2016 included (the “Offer Period”).

The rights of option will be traded on the Italian Stock Exchange from 8 February 2016 to 18 February 2016 included.

Within the month following the conclusion of the Offer Period, Prelios will offer any unexercised rights of option for at least five trading days, pursuant to art. 2441 of the Italian Civil Code.

The Prospectus is made available to the public today, in accordance with the law, at the Company's registered office (in Milan, Viale Piero e Alberto Pirelli 27) and on the Company's website ( The same documentation is also made available at Borsa Italiana S.p.A. and through the authorised storage system eMarket Storage (


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This press release is not an offer or an invitation to subscribe or purchase securities. The securities have not been and will not be registered in the United States pursuant to the United States Securities Act of 1933 (as subsequently amended) (the “Securities Act”), or in Australia, Canada or Japan, nor any other country where such an offer or solicitation is subject to authorisation by local authorities or in any case prohibited pursuant to law. The securities indicated herein may not be offered or sold in the United States or to U.S. persons unless they are registered pursuant to the Securities Act or in the presence of an exemption to registering applicable pursuant to the Securities Act. Copies of this announcement are not prepared in and may not be distributed or sent to the United States, Canada, Australia or Japan.