Regulator approves ChemChina/Pirelli offers

Marco Polo Industrial Holding S.p.A. , which is indirectly by China National Chemical Corporation (ChemChina), through China National Tire & Rubber Co., Ltd., has confirmed that the regulator (Consob) has approved the firm’s offer document related to the mandatory tender offer of the ordinary shares of Pirelli & C. S.p.A. listed on the Electronic Stock Market and the voluntary tender offer launched by the same firms.

The firms also note that the official offer document, which contains the detailed description of the terms and conditions of the offers and, inter alia, of the methods and terms for accepting the offers, will be published on 8 September 2015 at the offices of the involved companies and on the website of the issuer – www.pirelli.com.