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Presentazione Olivetti - telecom Italia, Milano 27 settembre 2 - Pirelli

Presentazione Olivetti - telecom Italia, Milano 27 settembre 2 - Pirelli

Presentazione Olivetti - telecom Italia, Milano 27 settembre 2 - Pirelli

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FINANCIAL STRATEGY<br />

Terms of Rights Issue<br />

• Expected proceeds: up up to toEur Eur4 billion billion<br />

• Pricing<br />

– Issued Issued at at par par (Eur (Eur1.00)<br />

• Structure<br />

– Rights Rights issue issue offered to to all all <strong>Olivetti</strong> shareholders and and convertible<br />

bondholders<br />

– Ratio Ratio of of 1 to to 2<br />

– Choice Choice of of convertible bond bond or or shares shares<br />

– Timing: immediately after after shareholder approval in in October<br />

Olimpia will will participate pro-quota to to the the offering<br />

26

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