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Snam: the Board of Directors appoints the members of the board committees and approves the convening of the Bondholders’ Meetings

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San Donato Milanese, 24 April 2013 – Taking into account the recommendations of the Code of Corporate Governance of Borsa Italiana S.p.A., to which Snam belongs, Snam’s Board of Directors, chaired by Lorenzo Bini Smaghi, convened on 23 April and confirmed the following Committees and appointed:
 
Control and Risk Committee

•           Francesco Gori (*) (Chairman);
•           Sabrina Bruno (*);
•           Pia Saraceno (*).
 
Compensation Committee
 
•           Elisabetta Oliveri (*) (Chairman);
•           Andrea Novelli (**);
•           Pia Saraceno (*).
 
 
Appointments Committee
 
•           Alberto Clô (*) (Chairman);
•           Roberta Melfa (**);
•           Elisabetta Oliveri (*).  

  

The Board of Directors also declared that at least one member of the Control and Risk Committee and one member of the Remuneration Committeemeets the requirements of the Code of Corporate Governance.
 
Furthermore, the Board of Directors resolved to convene the Bondholders’ Meetings relating to the two tranches of the bonds issued on 10 April 2013 under the EMTN Program, which was approved by the Board of Directors’ meeting on 4 June 2012. The purpose of the Bondholders’ meetings is to appoint the Bondholders’ Representative, determine the duration of the appointment and agree on the Representative’s remuneration.
 
The Board of Directors appointed Georgeson S.r.l., as the body designated by Snam in accordance with article 135- undecies of the Consolidated Law on Financial Intermediation, in charge of receiving free of charge proxies by the Bondholders to attend the meeting.

   

(*) Non-executive and independent Director
(**) Non-executive Director

  

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updated
05 August 2016 - 16:19 CEST