LTI Press Release

LTI Press Release

Categories: Corporate

HQ   -   05/23/2018 - 6:53 PM

Milan, May 23, 2018 - Prysmian communicates that on May 22 the CEO of Prysmian S.p.A. Valerio Battista has sold, by means of operations on the regulated market managed by Borsa Italiana, part of the 473,299 Prysmian common stocks assigned to him under the Long Term Incentive Plan 2015-2017 (LTI) approved by the General Shareholder Meeting on April 16, 2015. These sales have occurred and will continue during the next days in order to deal with part of the financial burdens resulting from that assignment, as provided for all the participants to the LTI by the regulations governing its operation.

With reference to the sale transactions carried out by the CEO and by other seven senior managers with strategic responsibilities, taking part in the LTI (three of whom are also members of the Board of Directors), there is going to be an official communication to the market according to and due to the Art.19, comma 3 of the (EU) Regulation 596/2014.

Download PDF file_download Download Picture file_download