Annual General Shareholders’ Meeting of Natuzzi S.p.A.
01 May 2019 - 6:30AM
Business Wire
- APPROVED 2018 FINANCIAL
STATEMENTS
- APPOINTED THE COMPANY’S EXTERNAL
AUDITORS AND BOARD OF STATUTORY AUDITORS BOTH FOR THE THREE-YEAR
PERIOD FROM 2019 THROUGH 2021
NATUZZI FILED ITS ANNUAL REPORT ON FORM 20-F
WITH THE SEC
Natuzzi S.p.A. (NYSE: NTZ) (the “Company”) announced today that
it held its annual general shareholders’ meeting on April 29, 2019
(the “Annual General Meeting”), at which it approved the Company’s
financial statements for the fiscal year ended December 31, 2018
and acknowledged the presentation of the 2018 consolidated
financial statements of the Natuzzi Group.
At the Annual General Meeting, the shareholders appointed the
following individuals to the board of statutory auditors for a
three-year term: Mr. Giuseppe Pio Macario as chairman of the board,
Mr. Francesco Campobasso and Mr. Andrea Venturelli as members of
the board, and Mr. Aurelio Franco Colasanto and Mr. Vito
Passalacqua as alternates.
In addition, at the Annual General Meeting the shareholders
appointed KPMG as the Company’s principal independent registered
public auditor for fiscal years 2019, 2020 and 2021.
Item 5 of the agenda at the Annual General Meeting contemplated
an ADR/share buyback program, proposed by the Company’s Board of
Directors, which would have created a share-based incentive plan
reserved for certain employees and directors of the Natuzzi Group.
The Company’s shareholders, while appreciating the proposal,
suggested instead considering other tools that can be implemented
more easily. As a result, the planned Extraordinary Shareholders’
Meeting, which had only one item on the agenda—Capital increase to
fund a share-based incentive plan reserved for certain employees
and directors of the Company and other companies within the Natuzzi
Group—was not held.
The Company also announced that today it filed its annual report
on Form 20-F (the “Form 20-F”) for the fiscal year ended on
December 31, 2018 with the Securities and Exchange Commission. The
Form 20-F is available on the Company’s website www.natuzzi.com
within the Investor Relations page
(http://natuzzigroup.com/en-EN/ir/investors.html) under the “SEC
Filings” section.
The Company's shareholders can request a hard copy of the Form
20-F, which includes the audited consolidated financial statements,
free of charge by contacting the Company at
investor_relations@natuzzi.com.
_______________________________________________________________________________
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING
STATEMENTS
Certain statements set forth in this press release constitute
forward-looking statements within the meaning of the safe harbor
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements involve risks and uncertainties that
could cause the Company’s actual results to differ materially from
those stated or implied by such forward-looking statements. More
information about the potential factors that could affect the
Company’s business and financial results is included in the
Company’s filings with the Securities and Exchange Commission,
including the Company’s most recent Annual Report on Form 20-F. The
Company undertakes no obligation to update any of the
forward-looking statements after the date of this press
release.
About Natuzzi S.p.A.
Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is Italy’s
largest furniture house and one of the most important global
players in the furniture industry with an extensive manufacturing
footprint and a global retail network. Natuzzi is the European
lifestyle best-known brand in the upholstered furnishings sector
worldwide (Brand Awareness Monitoring Report - Ipsos 2018) and has
been listed on the New York Stock Exchange since May 13, 1993.
Always committed to social responsibility and environmental
sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified
(Quality and Environment), OHSAS 18001 certified (Safety on the
Workplace) and FSC® certified (Forest Stewardship Council).
https://www.natuzzigroup.com/en-EN/ir/presentation.html
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version on businesswire.com: https://www.businesswire.com/news/home/20190430006032/en/
NATUZZI INVESTOR RELATIONSPiero Direnzo | tel.
+39.080.8820.812 | pdirenzo@natuzzi.com
NATUZZI CORPORATE COMMUNICATION-Vito Basile (Press
Office) | tel. +39.080.8820.676 | vbasile@natuzzi.com
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