GRAND DUCHY OF LUXEMBOURG – IVS Group informs that the AGM of shareholders, convened on June 7th, 2024 in Luxembourg, resolved the approval of the Company’s Annual Report 2023 and of the related Consolidated Financial Statement, with a positive results of euro 7,249,503 and euro 17,606 thousand respectively. The AGM resolved to carry forward the abovementioned profit of Euro 7,249,503.
As the mandates of entirety of the board of directors end with the approval of 2023 annual report, the AGM resolved to appoint as directors the following persons: Paolo Covre, Vito Alfonso Gamberale, Paolo Caporali, Massimo Paravisi, Antonio Tartaro, Maurizio Traglio, Adriana Cerea, Monica Cerea, Luigi De Puppi, Elisabetta Dall’Olio, Mariella Trapletti, Fabrizio Donegà, all of which mandate will expire with the general meeting approving 2024 yearly results.
The Extraordinary General Meeting resolved (i) to reduce the company’s share capital by annulment of n. 447,296 treasury shares and (ii) to amend accordingly art. 6.1. of the article of association, indicating the new share capital (Euro 872,511.99) and the new n. of shares (n. 90,673,803 including n. 224,000 treasury shares related to the Long Term incentive programme) resulting from the cancellation.
Statutory and consolidated 2023 accounts approved by the AGM, and the shareholders’ meeting minutes including the results of the polls, are posted on the company’s website.
About IVS Group
IVS Group S.A. is the Italian leader and the second player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks (vending).
The vending business is mainly carried out in Italy (around 83% of total sales), France, Germany, Poland, Portugal, Spain and Switzerland, with around 280,000 vending machines, a network of 127 branches and around 4,290 employees. IVS Group served more than 15,000 corporate clients and public entities, with almost 1 billion vends in 2023.
