Edition:
India

TerniEnergia Postpones Approval Of FY 2018 Results


Friday, 22 Mar 2019 

March 22 (Reuters) - TerniEnergia SpA : :BOARD APPROVES POSTPONEMENT OF APPROVAL OF FY 2018 FINANCIAL STATEMENTS.DECISION WAS TAKEN TO ALIGN APPROVAL OF RESULTS WITH SIGNING OF RESTRUCTURING AGREEMENT WITH CREDITORS.NEGOTIATIONS WITH CREDITORS AND BONDHOLDERS ARE IN PROGRESS.RESERVES THE RIGHT TO FOLLOW PROGRESS OF NEGOTIATIONS WITH THE AIM OF CONCLUDING THEM AND DEFINING THE PLAN BY JUNE 30, 2019.PRECISE DATE OF APPROVAL OF 2018 FINANCIAL STATEMENTS WILL BE COMMUNICATED TO THE MARKET WITH ANOTHER PRESS RELEASE. 

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