Notice to holders of "T.I. 1.5% 2001-2010 Convertible Bonds with premium upon redemption"

12/14/2004 - 02:00 PM

  • Notices to shareholders /
  • Notice to holders of "T.I. 1.5% 2001-2010 Convertible Bonds with premium upon redemption"
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Registered Office in Milan,  Piazza degli Affari 2
Corporate Headquarters in Rome, Corso d’Italia 41
Fully paid-up share capital Euro 8,857,834,072.45
Tax/VAT and Milan Company Register no. 00488410010

 

Notice to holders of “Telecom Italia 1.5% 2001-2010 convertible bonds with premium upon redemption”(in accordance and in compliance with art. 2503-bis, para 2 of the Italian Civil Code)

Notice is hereby given to the holders of the above-listed bonds that the Telecom Italia S.p.A. Board of Directors, at the meeting held on December 7, 2004, approved a program for the subsequent merger of TIM S.p.A. (with registered office in Turin, via Cavalli 6, share capital Euro 513.964.432,74, tax and Turin Company Register no. 06947890015) with and into Telecom Italia S.p.A..

 

The merger, after the adoption of the plan of merger by the Board of Directors of each Telecom Italia S.p.A. and TIM S.p.A., will be submitted for the approval of the extraordinary shareholders meetings of each company.

 

Telecom Italia S.p.A. holds, directly and indirectly, a 56,30% of TIM S.p.A. equity stake.

 

The publication of this notice is required in accordance and in compliance with art. 2503-bis, para 2, of the Italian Civil Code, in order to allow the holders of “Telecom Italia 1.5% 2001-2010 convertible bonds with premium upon redemption” to exercise, in view of the merger, their right to convert the bonds within thirty (30) days from publication of this notice in the Italian Official Gazette.

 

This notice neither integrates nor alters the rights of the holders of “Telecom Italia 1.5% 2001-2010 convertible bonds with premium upon redemption” which will continue to be regulated by their Bond Regulations.

 

Any person interested in the conversion of the bonds may do so by presenting application therefor with the intermediary adhering to the management system headed by Monte Titoli S.p.A., in compliance with art. 6 of the Bond Regulations.

 

The conversion will be performed in accordance with the terms and conditions provided by art. 6 of the Bond Regulations.

The Chairman of the Board of Directors

Marco Tronchetti Provera

 

This notice was published in the Italian Official Gazette on December 14, 2004