Juve, OFFICIAL: the documents of the audited and ‘authorised’ financial documents have been sent to Consob. Suspended Share Meeting | First page
There Juventus has launched two publications on its web site which, on the one hand, affirm it after voluntarily sending to Consob all the essential financial documents which are being investigated by the Public Prosecutor of Turin. (which led to the accusation of false readings and not Andrea Agnelli, Nedved, Cherubini, Paratici and different authorities ed.) The assembly of shareholders, which might be held on December 27, has additionally been postponed.
DOCUMENTS TO CONSOB – Juventus confirms to Consob that every one the selections that have been made have not affected the financial plan beneath overview and has made new selections which are appropriate with the requests for any modifications to the financial plan that might be authorised on the following 27 December. Here are some excerpts from the doc:
“With this doc, the Company offers the info requested based mostly on Resolution no. 22482/2022, sub C.2 Regarding the errors and issues recognized by Consob, The firm states, first of all, that the outcomes obtained by Consob won’t be unfavourable for money movement and whole financial liabilities.the earlier years and the ones that have simply ended and the future years, when the financial and financial scenario might be diminished to a better stage i) in phrases of what is named “the cross” in 5 years. the interval 2019/2020 – 2023/2024, i.e. the interval through which the completion of the process for eradicating the “participant registration rights” recognized in the proposed commerce is anticipated and ii) concerning the so-called wage adjustment, in the 4 years 2019/2020 – 2022/2023, ie the anticipated time extra wages contemplated by contracts with registered employees shall be paid in full. The info under is ready in accordance with the requests made by Consob and the Resolution to mirror the penalties of the errors and issues recognized by Consob. on the financial and financial scenario of the Company for the years ended 30 June 2020, 2021 and 2022. Specifically, the following is said:
- the financial and financial scenario of the Company for the financial years ended 30 June 2020 and 2021, ready for the function of complying with the Resolution,
- the financial and financial scenario of the firm for the yr ended 30 June 20223, ready on a voluntary foundation in accordance with the explanatory notes (these, collectively, “Pro-forma Statements”).
Pro-forma Statements have been ready to present, over the previous financial years in query, the outcomes of the following actions, which, in accordance to Consob’s opinion, as proven in Resolution 4, they’re represented in the financial system concerned in an unlawful method. overseeing the financial planning course of.
MEETING OF ITS SHAREHOLDERS – At the identical time as the documents sent to Consob, Juventus additionally referred to as a brand new Shareholders’ Meeting, suspending it once more: “Today, Juventus Football Club SpA (“Juventus” or “Company”) has revealed pro-forma financial statements to adjust to the Consob Resolution of 19 October 2022. In order to guarantee that there’s scope and adequate time for the shareholders to overview the aforementioned, the Board of Directors of the Company, which met right now, determined to postpone the Shareholders’ Meeting, which was initially scheduled for November 23, 2022, till December 27, 2022″.