REDELFI ANNOUNCES GENERAL MANAGER TO MANAGE BUSINESS IN ITALY AND ABROAD
Read the press release in PDF format (in italian)
AS A RESULT OF INCREASED ACTIVITIES IN THE ENERGY MARKET, REDELFI HAS IDENTIFIED A GENERAL MANAGER, WITH VAST EXPERIENCE IN THE FIELD.
Milan, September 2, 2024
Redelfi S.p.A. (“Redelfi” or the “Company“), a company heading the industrial group of the same name with its operational headquarters in Genoa – engaged in the development of innovative and sustainable infrastructures to facilitate the energy transition, and listed on the Euronext Growth Milan segment of the Italian Stock Exchange, announces the arrival of Eng. Sabina Pinto, as General Manager, to coordinate all operational activities of the Group.
The choice of Eng. Pinto, aimed at optimizing the internal structure, will bring strong added value to Redelfi, with the aim of accelerating the achievement of the Company’s and Group’s objectives, increasing the efficiency of its internal processes.
In order to create a long-lasting relationship, the General Manager is the beneficiary of a stock option plan with a duration of five years and concerning a total of 140,000 Redelfi ordinary shares, without the indication of nominal value and with the same characteristics as the shares traded on Euronext Growth Milan, with a lock-up period effective until the approval of the financial statements as of December 31, 2028 (hereinafter the “Incentive Plan“). The Proprietary Shares held by the Company will be used to service this Incentive Plan, in compliance with the authorization to purchase and dispose of treasury shares resolved by the Shareholders’ Meeting on December 23, 2022. It should be noted that, based on the information available to the Company, as of today Eng. Pinto does not directly or indirectly hold any ordinary shares or Redelfi warrants.
Eng. Pinto has an established track record in leadership roles in both the energy efficiency and renewable energy markets, with a particular focus on photovoltaics and Battery Energy Storage Systems (“BESS“). To date, her track record features projects with 2.7 GW of PV and 3.2 GW of BESS capacity. In addition, she has managed teams of up to 350 people in her career, further honing her skills in coordination and optimization of operational activities. With an engineering degree from Politecnico di Torino, PMP® certification from Project Management Institute of Pennsylvania and Executive-MBA from SDA Bocconi in 2023. Eng. Pinto first gained important experiences in the infrastructure sector and then in the Energy sector, in her career in the energy sector within Engie Italia, Solar Konzept Italia S.r.l. and Enfinity Global, where she covered top level roles in the Development, Construction and Operation phases, has been focused on Efficiency, Sustainability and Energy Transition. Beyond her undoubted technical skills, the choice of the manager also stemmed from the sharing – by Eng. Pinto – of common values related to the concept of sustainability placed at the foundation of Redelfi’s projects, which bring together he vision of a common project for the Group’s growth strategy.
Davide Sommariva, Chairman of the Board of Directors of Redelfi S.p.A. commented, ” We are confident that the entry of this highly experienced and knowledgeable figure in the industry will help Redelfi to grow even more as a developer within the global BESS market and participate in creating value for its shareholders. Eng. Pinto perfectly matches our Business Plan and her commitment is strongly represented by the equity package associated with his tenure. ”
This press release is available on the website www.redelfi.com, Investor Relations section > Press releases and at www.1info.it.
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Redelfi is the parent company of the Redelfi Group active in the digital and green transition by taking a highly innovative approach to defining products, services and processes with a strong focus on adherence to ESG principles in business management. In the financial year 2023, the Group achived a Production Value of Euro 11 million and a Net Profit of Euro 3 million. The Net Financial Position is cash negative in the amount of Euro 4.8 million and the Net Equity is Euro 25 million.
Contacts:
ISSUER
Redelfi | Investor Relations Manager | Erika Padoan | investor-relations@redelfi.com | T: +39 320 7954739 | via A. Scarsellini, 119 Torre B “I Gemelli” 11 floor, 16149 Genoa, Italy
Redelfi | Media Relations | Carolina Beretta | carolina.beretta@redelfi.com | via A. Scarsellini, 119 Torre B “I Gemelli” 11 floor, 16149 Genova
INVESTOR FINANCIAL MEDIA RELATIONS
IR Top Consulting | Investor Relations | ir@irtop.com | T: + 39 02 4547 3884/3 | Via Bigli, 19 – 20121 Milan, Italy
IR Top Consulting | Media Relations | d.gentile@irtop.com | T: + 39 02 4547 3884/3 | Via Bigli, 19 – 20121 Milan
EURONEXT GROWTH ADVISOR
Integrae SIM | info@integraesim.it | T: +39 02 96846864 | Piazza Castello, 24 – 20121 Milan
