Exor leaves Italy definitively: the financial company of the Agnelli-Elkann-Nasi family also transfers its shares to Amsterdam after the registered office. The board of directors has approved the transfer of the listing of the company’s ordinary shares from Piazza Affari to Euronext Amsterdam, the same large family of the Milanese list.
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The transfer, explains the company in a note, will allow to align the company’s stock exchange with its own legal Dutch holding structure, which matured in 2016 with the then transfer from Turin to the Netherlands. “The organizational structure of Exor – reads the note – will be further simplified, as the company will be subject to the supervision of a single national regulatory body: the Ducth Authority for the Financial Markets (Afm)”. The transfer is subject to the approval of the listing prospectus by the AFM and the admission to listing and trading of the securities by Euronext Amsterdam. Listing and commencement of trading on Euronext Amsterdam is expected to begin in mid-August. Further information on the listing and delisting processes will be made available in accordance with applicable laws and regulations. Once the admission to listing and trading of the securities on Euronext Amsterdam has been obtained, the Company will request the delisting of its ordinary shares from Euronext Milan which will take place no earlier than 45 days, pursuant to the Borsa Italiana regulations. During the delisting process, Exor’s ordinary shares will continue to be listed on Euronext Milan as well as Euronext Amsterdam
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