Annual General Shareholders’ Meeting of Natuzzi S.p.A.
June 15 2020 - 9:19AM
Business Wire
- Approved 2019 Financial Statements
- Increased Number of Members of the Board of Directors from
Seven to Nine
- Marco Caneva, Alessandro Musella and Pasquale Junior Natuzzi
Appointed as Directors
NATUZZI FILED ITS ANNUAL REPORT ON FORM 20-F
WITH THE SEC
Natuzzi S.p.A. (NYSE: NTZ1) (“Natuzzi” or the “Company”)
announced today that it held its annual general shareholders’
meeting on June 12, 2020 (the “Annual General Meeting”), in
accordance with Decree n. 18 of March 17, 2020 extending, due to
circumstances related to the novel coronavirus (“COVID-19”)
outbreak, the deadline for the Company to hold a shareholders’
meeting to approve its financial statements from 120 days to 180
days after the end of the applicable financial year.
At the Annual General Meeting, the shareholders approved the
Company’s stand-alone financial statements for the fiscal year
ended December 31, 2019 and acknowledged the approval of the 2019
consolidated financial statements of the Natuzzi Group by the
Company’s Board of Directors at a meeting held on May 22, 2020.
The shareholders also appointed Mr. Marco Caneva as a
non-executive member of the Board of Directors, replacing Mr.
Ernesto Greco who had resigned from office. The Company would like
to thank Mr. Greco for his contribution during his office.
Finally, the shareholders approved an increase in the number of
the members of the Board of Directors from seven to nine and
appointed Mr. Alessandro Musella as a non-executive director and
Mr. Pasquale Junior Natuzzi as a director. The term of office of
the three directors appointed at the shareholders’ meeting of June
12, 2020 will expire simultaneously with the term of office of the
other members of the Board of Directors.
The Company also announced that it filed today its annual report
on Form 20-F for the fiscal year ended December 31, 2019 (the
“Annual Report”) with the U.S. Securities and Exchange Commission
(“SEC”). As previously reported by the Company in its Form 6-K
filed with the SEC on March 30, 2020 and as reported in the Annual
Report, the Company relied on the relief provided by SEC’s Order
under Section 36 of the Securities Exchange Act of 1934 Granting
Exemptions From Specified Provisions of the Exchange Act and
Certain Rules Thereunder dated March 4, 2020 (Release No. 34-88318)
(as modified on March 25, 2020 by Release No. 34-88465), extending
the Annual Report filing deadline to 45 days after April 30, 2020.
The Annual Report is available on the Company’s website within the
Investor Relations page
(http://natuzzigroup.com/en-EN/ir/investors.html) under the “SEC
Filings” section. The Company’s shareholders can request a hard
copy of the Annual Report, which includes the audited consolidated
financial statements for the fiscal year ended December 31, 2019,
free of charge by contacting the Company at
investor_relations@natuzzi.com.
CAUTIONARY STATEMENT CONCERNING
FORWARD-LOOKING STATEMENTS
Certain statements set forth in this press release constitute
forward-looking statements within the meaning of the safe harbor
provisions of Section 27A of the Securities Act and Section 21E of
the Securities Exchange Act of 1934, as amended. These statements
involve risks and uncertainties that could cause the Company’s
actual results to differ materially from those stated or implied by
such forward-looking statements. Additional information about
potential factors that could affect the Company’s business and
financial results is included in the Company’s filings with the
SEC, including the Company’s most recent Annual Report on Form
20-F. The Company undertakes no obligation to update any of the
forward-looking statements after the date of this press
release.
About Natuzzi S.p.A.
Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is Italy’s
largest furniture house and one of the most important global
players in the furniture industry with an extensive manufacturing
footprint and a global retail network. Natuzzi is the European
lifestyle best-known brand in the upholstered furnishings sector
worldwide (Brand Awareness Monitoring Report - Ipsos 2018) and has
been listed on the New York Stock Exchange since May 13, 1993.
Always committed to social responsibility and environmental
sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified
(Quality and Environment), OHSAS 18001 certified (Safety on the
Workplace) and FSC® certified (Forest Stewardship Council).
1 The Company is noncompliant with quantitative/qualitative
continued NYSE listing standards (see
https://www.nyse.com/quote/XNYS:NTZ). For further information,
please see the press release issued by the Company on April 25,
2020.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200615005441/en/
NATUZZI INVESTOR RELATIONS Piero Direnzo | tel.
+39.080.8820.812 | pdirenzo@natuzzi.com NATUZZI CORPORATE
COMMUNICATION Vito Basile (Press Office) | tel.
+39.080.8820.676 | vbasile@natuzzi.com
Natuzzi S P A (NYSE:NTZ)
Historical Stock Chart
From Aug 2024 to Sep 2024
Natuzzi S P A (NYSE:NTZ)
Historical Stock Chart
From Sep 2023 to Sep 2024