Turin/Rome, 30 September 2005 - Fiat and Enel have reached an agreement for the sale of the interest held by Enel in Leasys (49%). Under the agreement, which is subject to approval by antitrust authorities, Fiat will increase its interest in Leasys from 51% to 100%, for a consideration of 33.5 million euros.
Leasys, an Italian market leader in long-term vehicle rental, has a fleet of more than 86,000 vehicles and posted revenues of 388 million euros in 2004. The company was set up in September 2001 as a joint venture between Fiat and Enel.
The transaction is in line with Fiats objective to strengthen its position in the long-term vehicle rental market in Italy and reflects Enels choice to focus its activities on the energy core business.
For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”).
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.