Brief: TerniEnergia Postpones Approval Of FY 2018 Results

algoWatt SpA

22/03/2019 13:10

March 22 (Reuters) - TerniEnergia SpA  TRNI.MI : 
    * 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

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA4xb04F
    
 Further company coverage:  TRNI.MI  
   


 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920))