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Shareholders Board of Directors Board of Auditors Articles of Association

 

On 18th December 2003 two closed-end securities funds, “Cardine Impresa” and “Eptasviluppo” (both currently managed by Alcedo SGR S.p.A.), acquired a 21% stake in Proel S.p.A.

Another 9% stake was acquired, in the same private equity operation, by Sanpaolo IMI’s “Fund for the Promotion of Venture Capital in the South of Italy”.

Cardine Impresa Fund

   

(Alcedo SGR S.p.A.)

 

14,0%

Eptasviluppo Fund

   

(Alcedo SGR S.p.A.)

 

7,0%

Fund for the South of Italy

   

(SANPAOLO IMI S.p.A.)

 

9,0%

     

Total private equity funds

 

30,0%

     

Total industrial shareholders

 

70,0%

     

Total

 

100,0%