Board Change • Sep 20
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Honorary Chairman Andrea Monorchio is the most experienced director on the board, commencing their role in 2007. Independent Non-Executive Director Cristiana Rogate was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jul 23
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Honorary Chairman Andrea Monorchio is the most experienced director on the board, commencing their role in 2007. Independent Non-Executive Director Cristiana Rogate was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 공시 • Feb 02
Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl. Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl on February 1, 2024. In related transaction, Greenthesis S.p.A. acquired Ecorex Srl, Euro Veneta Srl, Emme Trasporti Srl and Execo Srl from ETHAN Group. Aggregately, the equity value of consideration for 80% is €25.3 million. In the context of the binding agreements signed between the parties in reference to the Operation, it is also expected that, by June 30, 2026, Greenthesis will also purchase the remaining 20% of the share capital of the Target Companies, as well as also be able to proceed with the possible purchase of five real estate complexes instrumental to the operational activity currently used by the Target Companies themselves. Greenthesis Group was supported through resources deriving from the financing of €50 million finalized by Greenthesis with a pool of banks financing companies.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of an 80% stake in Elite Ambiente Srl on February 1, 2024. 공시 • Dec 21
Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl. Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl on December 18, 2023. The Enterprise Value of Bigaran, which closed the 2022 financial year with a turnover exceeding €20 million, was determined at €17 million, divided into a fixed part and a variable part, the latter linked to a earnout based on the results that it will achieve in the financial years 2024, 2025 and 2026. Pursuant to the agreements signed, the following are also envisaged, among other things: (i) a sale option in favor of the minority shareholders, concerning the shareholding held by them in the share capital of Bigaran, to be exercised in a single solution in the period between April 1, 2027 and September 30, 2027, as well as (ii) a purchase option in favor of Greenthesis SpA, concerning 30% of the share capital of Target held jointly by the minority shareholders, to be exercised in a single solution in the period between April 1, 2028 and September 30, 2028. This acquisition, in line with the strategic-industrial assumptions of the Greenthesis Group of strengthening itself with assets characterized by businesses with a high component of circular activities , will allow it to obtain important operational and commercial synergies for the benefit of the customer base in North-East Italy. Natixis Corporate & Investment Banking acted as M&A advisor, Chiomenti Studio Legale acted as legal advisor and Ferraro, Ginevra, Gualtieri – Studio Internazionale advised to Greenthesis and seller was assisted by Studio Casonato.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of 70% stake in Bigaran Srl on December 18, 2023. Board Change • May 04
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Gabriella Chiellino was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
