- The new share capital of Skyrobotic will amount to Euro 2.5 million
- Removed the nominal value of shares
Terni, November 17, 2014
The Shareholders’ Meeting of Skyrobotic, a company active in the development, design, mass production and marketing of unmanned aircraft systems (UAS) in mini and micro classes for civil and commercial use and part of Italeaf the group, met today in extraordinary session, chaired by Stefano Neri, unanimously decided to transform the company from a limited liability company to a joint stock company.
At the same time, the Shareholders’ Meeting approved the proposal to proceed to the elimination of the nominal value of the ordinary shares of the Company, currently € 1.00, resulting in modification of the Bylaws.
The extraordinary meeting has finally approved a divisible capital increase to be offered to shareholders of EUR 0.5 million, through the issue of n. 1,000,000 shares of no nominal value to program the growth of the productive activities of Skyrobotic and face the certification path of their equipment at the governative agencies.
Upon completion of the capital increase, Skyrobotic will have a share capital of EUR 2.5 million fully paid.
The Extraordinary Shareholders’ Meeting of Skyrobotic, active in the development, design, industrial production and marketing of unmanned aircraft systems (UAS) in small and micro classes for civil and commercial use, part of the Italeaf group, has unanimously approved today a capital increase to be subscribed in kind for a total of EUR 0.97 million.
In particular, Italeaf S.p.A. subscribed the capital increase through the contribution of industrial buildings with a total area of around 1,200 square meters, for a value of Euro 0.87 million, which will constitute the largest Italian center for the development and industrial production of drones; while Siralab Robotics has transferred its business branch related to the research, design, development, engineering and construction of the robotic ship TrasiBot Unmanned Surface Vessel (USV) for a value of Euro 0.1 million.
Following the capital increase, the share capital of Skyrobotic is Euro 2 million with the following shareholders structure: Italeaf S.p.A. 70%, Siralab Robotics S.r.l. 30%.
The transactions will allow to put Skyrobotic in an optimal condition to grow in a consistent and fast way in the promising field of industrial production of unmanned aircraft systems for civil and commercial use, and to work with a product in the technological sector of the naval drones, already prototyped and tested.
By the year 2014 will be convened a new Extraordinary Shareholders’ Meeting to approve a further capital increase in cash for an amount of Euro 0.5 million and the transformation of Skyrobotic in S.p.A. (joint-stock company).