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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Sogefi S.p.A.    SO   IT0000076536

SOGEFI S.P.A.

(SO)
  Report
Delayed Quote. Delayed Italian Stock Exchange - 01/15 11:35:55 am
1.188 EUR   -2.62%
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Sogefi: termination of the employment relationship with Mr. Hebenstreit

05/15/2020 | 01:10pm EST

PRESS RELEASE

SOGEFI: TERMINATION OF THE EMPLOYMENT RELATIONSHIP WITH MR. HEBENSTREIT

Milan, 15 May 2020 - Sogefi S.p.A. announces that an agreement has been reached on the termination of the employment relationship with Mr. Laurent Hebenstreit, who resigned from the position of Chief Executive Officer of the Company on 9 December 2019 and ceased from the office of General Manager the same date.

The agreement, which has been approved by the Company's Board of Directors, with the favorable opinion of the Appointments and Remuneration Committee and the Committee for Transactions with Related Parties, stipulates, in addition to the mandatory payments required by law in the event of termination of the employment relationship, the following: (i) the payment of a gross settlement amount of Euro 300,000, to be paid by 10 July 2020 and (ii) the preservation of the rights relating to the 2016 and 2017 Stock Grant Plans, for a total residual no. of 49,308 Units, according to the terms of the applicable Plan Regulations. The non- compete clause in the employment contract will not be activated and therefore no amount will be paid on that account. Similarly, no amount has been paid in relation to the resignation from the position of Chief Executive Officer.

Based on the information available, Mr. Hebenstreit is the owner of 178.167 shares in Sogefi.

***

Contacts:

Sogefi Investor Relations

CIR Group Press Office

Yann Albrand

Tel.: +39 02 72270 1

Stefano Canu

e-mail: infostampa@cirgroup.com

Tel.: +39 02 467501

www.cirgroup.com

e-mail: ir@sogefigroup.com

www.sogefigroup.com

Disclaimer

Sogefi S.p.A. published this content on 15 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2020 17:09:01 UTC


© Publicnow 2020
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Financials
Sales 2020 1 209 M 1 460 M 1 460 M
Net income 2020 -29,7 M -35,9 M -35,9 M
Net Debt 2020 375 M 453 M 453 M
P/E ratio 2020 -5,09x
Yield 2020 -
Capitalization 140 M 169 M 169 M
EV / Sales 2020 0,43x
EV / Sales 2021 0,38x
Nbr of Employees 6 284
Free-Float 42,6%
Chart SOGEFI S.P.A.
Duration : Period :
Sogefi S.p.A. Technical Analysis Chart | SO | IT0000076536 | MarketScreener
Technical analysis trends SOGEFI S.P.A.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 1,15 €
Last Close Price 1,19 €
Spread / Highest target 5,22%
Spread / Average Target -3,20%
Spread / Lowest Target -11,6%
EPS Revisions
Managers and Directors
NameTitle
Mauro Fenzi Chief Executive Officer & General Manager
Monica Mondardini Chairman
Yann Albrand Group Chief Financial Officer
Rodolfo de Benedetti Director
Roberta di Vieto Independent Director
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