{"id":2851,"date":"2021-04-08T10:26:39","date_gmt":"2021-04-08T08:26:39","guid":{"rendered":"https:\/\/www.italianwinebrands.it\/investor\/corporate-governance\/"},"modified":"2026-03-05T11:37:00","modified_gmt":"2026-03-05T10:37:00","slug":"corporate-governance","status":"publish","type":"page","link":"https:\/\/www.italianwinebrands.it\/en\/investors\/corporate-governance\/","title":{"rendered":"Corporate governance"},"content":{"rendered":"\n<h4 class=\"mt-5 mb-4\">Share Capital and Shareholders<\/h4>\n\n\n\n<p>The share capital of Italian Wine Brands S.p.A. is equal to 1,124,468.80 Euros, divided into 9,459,983 Ordinary Shares in circulation, without indication of nominal value.<br>The Ordinary Shares of Italian Wine Brands S.p.A. are approved for trading on the Euronext Growth Milan.<\/p>\n\n\n\n<figure class=\"wp-block-table fs20\"><table class=\"has-fixed-layout\"><tbody><tr><td>DIRECT SHAREHOLDERS<\/td><td>PERCENTAGE OF SHARE CAPITAL WITH VOTING RIGHTS<br><sub>(ORDINARY SHARES)<\/sub><\/td><\/tr><tr><td>Gruppo Pizzolo S.r.l.<\/td><td>14.8%<\/td><\/tr><tr><td>Provinco S.r.l.<\/td><td>8.1%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Based on the information available as of today to Italian Wine Brands S.p.A., beyond those indicated above, there are no other shareholders who hold a stake exceeding 5% of the share capital with voting rights.<\/p>\n\n\n<style id=\"kt-blocks_4501da-a7\">.kt-accordion-id_4501da-a7 .kt-accordion-panel-inner {background:#ffffff;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;border-width:0px 0px 0px 0px;}.kt-accordion-id_4501da-a7 .wp-block-kadence-pane .kt-accordion-header-wrap .kt-blocks-accordion-header {color:#2c3847;background:#ffffff;border-color:#ffffff #ffffff #ffffff #ffffff;font-size:18px;line-height:24px;text-transform:uppercase;font-style:normal;font-weight:inherit;border-radius:0px 0px 0px 0px;border-width:0px 0px 3px 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.kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-icon-trigger:before {background:#ffffff;}.kt-accordion-id_4501da-a7 .kt-accordion-header-wrap .kt-blocks-accordion-header:hover, .kt-accordion-id_4501da-a7 .kt-accordion-header-wrap .kt-blocks-accordion-header:focus {color:#444444;background:#ffffff;border-color:#ffffff #eeeeee #eeeeee #ffffff;}.kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:after, .kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:before, .kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basiccircle ):not( 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.kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:after, .kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:hover .kt-blocks-accordion-icon-trigger:before, .kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger:after, .kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header:focus .kt-blocks-accordion-icon-trigger:before {background:#ffffff;}.kt-accordion-id_4501da-a7 .kt-accordion-header-wrap .kt-blocks-accordion-header.kt-accordion-panel-active {color:#444444;background:#ffffff;border-color:#ffffff #ffffff #ffffff #eeeeee;}.kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:after, .kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basiccircle ):not( .kt-accodion-icon-style-xclosecircle ):not( .kt-accodion-icon-style-arrowcircle ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:before {background:#444444;}.kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger {background:#444444;}.kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:after, .kt-accordion-id_4501da-a7:not( .kt-accodion-icon-style-basic ):not( .kt-accodion-icon-style-xclose ):not( .kt-accodion-icon-style-arrow ) .kt-blocks-accordion-header.kt-accordion-panel-active .kt-blocks-accordion-icon-trigger:before {background:#ffffff;}<\/style>\n<div class=\"wp-block-kadence-accordion alignnone obblighi-informativi\"><div class=\"kt-accordion-wrap kt-accordion-wrap kt-accordion-id_4501da-a7 kt-accordion-has-4-panes kt-active-pane-0 kt-accordion-block kt-pane-header-alignment-left kt-accodion-icon-style-arrow kt-accodion-icon-side-right\" style=\"max-width:none\"><div class=\"kt-accordion-inner-wrap\" data-allow-multiple-open=\"false\" data-start-open=\"none\">\n<div class=\"wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-3 kt-pane_1c94b3-ff\"><h2 class=\"kt-accordion-header-wrap\"><button class=\"kt-blocks-accordion-header kt-acccordion-button-label-show\"><span class=\"kt-blocks-accordion-title-wrap\"><span class=\"kt-blocks-accordion-title\">Disclosure Obligations for Significant Shareholders<\/span><\/span><span class=\"kt-blocks-accordion-icon-trigger\"><\/span><\/button><\/h2><div class=\"kt-accordion-panel\"><div class=\"kt-accordion-panel-inner\">\n<p>Pursuant to the AIM Italia\/Alternative Investment Market By-laws and Issuers Regulation, whoever comes into possession of the financial instruments of Italian Wine Brands S.p.A. approved for trading on the AIM Italia\/Alternative Investment Market at or above the threshold established by the AIM Italia\/Alternative Investment Market Issuers Regulation, must promptly notify the Board of Directors by registered letter, return receipt requested, sent in advance by fax to the number +39 02\/7214231.<\/p>\n\n\n\n<p>In particular, the notification is required when reaching or exceeding the thresholds of 5%, 10%, 15%, 20%, 25%, 30%, 50%, 66.6%, and 90% of the share capital with voting rights of Italian Wine Brands S.p.A., and when falling below the cited thresholds (\u201cSignificant Shareholding\u201d).<br>The reaching or exceeding of a Significant Shareholding represents a \u201cSubstantial Change\u201d that must be communicated by the Shareholders to Italian Wine Brands S.p.A. within five (5) days of the trade, starting from the date of completion of the action or event that caused the obligation to arise, independent of the date of execution, in accordance with the terms and procedures set forth by the Transparency Regulations.<\/p>\n\n\n\n<p>The communication of the \u201cSubstantial Change\u201d must identify the shareholder, nature and amount of the holding; the date on which the shareholder purchased or sold the percentage of share capital that led to a \u201cSubstantial Change,\u201d or the date on which the percentage of the holding underwent an increase or decrease with respect to the thresholds set by the Regulation.<\/p>\n\n\n\n<p>For that purpose, we invite the Shareholders to use the notification forms and the relevant instructions in Annex 4 (Ownership Structures) of the Regulation issued by the Italian Stock Exchange Authority (CONSOB) by resolution No. 11971 of 1999, while specifying that the references contained therein to regulated markets or to listed companies must be understood as references to multilateral trading systems.<\/p>\n<\/div><\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<p class=\"pt-4\"><a href=\"http:\/\/www.consob.it\/main\/emittenti\/societa_quotate\/11971.html?queryid=reg11971&amp;search=1&amp;resultmethod=tuf&amp;symblink=\/main\/emittenti\/societa_quotate\/regemit.html\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-inline-color has-black-color\">See CONSOB Regulation No. 11971\/1999 &gt;<\/span><\/a><\/p>\n\n\n\n<p class=\"mt-3\">Note that pursuant to Article 8 of the By-laws, failure to notify the Board of Directors of a \u201cSubstantial Change\u201d shall entail the suspension of voting rights in connection with the shares or financial instruments for which notification was omitted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Share Capital and Shareholders The share capital of Italian Wine Brands S.p.A. is equal to 1,124,468.80 Euros, divided into 9,459,983 Ordinary Shares in circulation, without indication of nominal value.The Ordinary Shares of Italian Wine Brands S.p.A. are approved for trading on the Euronext Growth Milan. DIRECT SHAREHOLDERS PERCENTAGE OF SHARE [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1835,"parent":2727,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"template-corporate.php","meta":{"kt_blocks_editor_width":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corporate governance - Italian Wine Brands<\/title>\n<meta name=\"description\" content=\"The Ordinary Shares of Italian Wine Brands S.p.A. are approved for trading on the AIM Italia\/Alternative Investment Market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.italianwinebrands.it\/en\/investors\/corporate-governance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate governance - 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