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Ascopiave SpA (ASCI.MI)

ASCI.MI on Milan Stock Exchange

3.06EUR
17 Aug 2018
Change (% chg)

€0.04 (+1.16%)
Prev Close
€3.03
Open
€3.03
Day's High
€3.10
Day's Low
€2.98
Volume
174,322
Avg. Vol
200,114
52-wk High
€3.87
52-wk Low
€2.83

Latest Key Developments (Source: Significant Developments)

Ascopiave: Shareholders Representing 26.8 Pct Of Parent Co Exercise Withdrawal Right
Monday, 13 Aug 2018 

Aug 14 (Reuters) - Ascopiave parent company Asco Holding: :SAID ON MONDAY THAT ON AUG. 10 THE PERIOD TO EXERCISE THE RIGHT OF WITHDRAWAL ENDED.RIGHT OF WITHDRAWAL HAS BEEN EXERCISED ON 37.5 MLN SHARES, REPRESENTING 26.8 PCT OF ASCO HOLDING AND AMOUNTING TO EUR 140.5 MLN.WITHDRAWAL TO BE SETTLED FOR 14.0 PCT OF ASCO HOLDING CASH AND FOR 12.80 PCT IN SHARES OF UNIT ASCOPIAVE.TO OFFER 12.6 MLN OF THE SHARES WHICH WERE SUBJECT TO WITHDRAWAL IN A RIGHTS ISSUE TO ASCO HOLDING SHAREHOLDERS.SHAREHOLDERS WHICH EXERCISED WITHDRAWAL RIGHT ON 24.9 MLN SHARES CHALLENGED THE LIQUIDATION VALUE.WITHDRAWAL RIGHT WAS GIVEN TO SHAREHOLDERS WHO DID NOT APPROVE THE AMENDMENTS TO CORPORATE GOVERNANCE ON JULY 23.GOVERNANCE AMENDMENTS INCLUDE THE EXTENSION OF THE COMPANY'S DURATION AND THE INTRODUCTION OF A THRESHOLD FOR SHARE CIRCULATION.  Full Article

Ascopiave Reaches Agreement To End Employment Of General Manager Gumirato By Mutual Agreement
Wednesday, 8 Aug 2018 

Aug 9 (Reuters) - Ascopiave SpA ::SAID ON WEDNESDAY THAT IT HAS REACHED AN AGREEMENT WITH GENERAL MANAGER ROBERTO GUMIRATO FOR TERMINATION BY MUTUAL CONSENT OF HIS EMPLOYMENT.TERMINATION OF EMPLOYMENT IS EFFECTIVE AS OF NOV 15.  Full Article

Ascopiave H1 Net Profit Down At Eur 28.5 Mln
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Ascopiave SpA ::H1 REVENUE EUR 310.6 MILLION VERSUS EUR 297.5 MILLION YEAR AGO.H1 NET PROFIT EUR 28.5 MILLION VERSUS EUR 29.2 MILLION YEAR AGO.TARIFF REGULATION FOR FY 2018 SHOULD ENSURE REVENUES SUBSTANTIALLY IN LINE WITH 2017.THE POSITIVE MARGIN ACHIEVED IN 2017 (€ 3,6 MILLION) MIGHT NOT BE REPEATED IN 2018.  Full Article

Ascopiave Q1 Net Profit Down At EUR 23.5 Mln
Monday, 14 May 2018 

May 14 (Reuters) - Ascopiave SpA ::Q1 REVENUE EUR 200.6 MILLION VERSUS EUR 199.5 MILLION YEAR AGO.Q1 NET PROFIT EUR 23.5 MILLION VERSUS EUR 24.5 MILLION YEAR AGO.  Full Article

Ascopiave 9-month net profit down at EUR ‍​32.2 mln
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - ASCOPIAVE SPA ::9-MONTH REVENUE EUR ‍​377.3 MILLION VERSUS EUR 353.3 MILLION YEAR AGO.9-MONTH NET PROFIT EUR ‍​32.2 MILLION VERSUS EUR 32.6 MILLION YEAR AGO.AS REGARDS ECONOMIC RESULTS, TARIFF ADJUSTMENT FOR 2017 IS DEFINED AND SHOULD ENSURE REVENUES IN LINE WITH 2016‍​.  Full Article

Ascopiave Aeb Group/Gelsia agree to stop their prospective business combination
Monday, 25 Sep 2017 

Sept 25 (Reuters) - ASCOPIAVE SPA ::ASCOPIAVE GROUP AND AEB GROUP/GELSIA AGREED TO STOP THEIR PROSPECTIVE BUSINESS COMBINATION IN LOMBARDIA.  Full Article

Shares in Italian utility Ascopiave give up gains after F2i confirms interest

MILAN, Aug 2 Shares in Italy's Ascopiave on Thursday gave up some of the gains it made on Wednesday after infrastructure fund F2i confirmed reports it was interested in investing in the regional utility.