ORDINARY MEETING OF DIGITAL MAGICSÂ SHAREHOLDERS APPROVES THEÂ 2013 FINANCIAL STATEMENTÂ AND APPOINTS THE NEW MANAGEMENT BODIESÂ
- Approval of Financial Statement for the year ended 31 December 2013
- Appointment of Board of Directors
- Appointment of Statutory Auditors
Milan, 29 April, 2014 – The Ordinary General Meeting of the shareholders of Digital Magics, the certified incubator of innovative startups listed on the Italian Stock Exchange’s AIM Italia (symbol DM), met today at the registered offices – duly constituted with the presence of 1,947,625 ordinary shares representing 53% of the share capital – and unanimously approved the following resolutions relating to the following agenda items:
- Examination and approval of the Financial Statement and the Management Report on the Financial Year ended 31 December, 2013
With regard to point 1 on the agenda, the Ordinary General Meeting approved the financial statement as prepared by the Board of Directors on 27 March 2013, resolving to proceed with the partial cover of the operating loss, amounting to €807,616.86, through the full use of its reserves from retained earnings, totalling €744,072.69, and for the difference, amounting to €63544.17, it own carry forwards.
- The appointment of the members of the Board of Directors, after having established their number, their term of office and their remuneration
With regard to point 2 on the agenda, the Ordinary Shareholders’ Meeting, having determined that the number of Directors for the year 2014 should be 9, proceeded with the appointment of the Directors as follows:
- Enrico Gasperini (Chairman)
- Luca Giacometti (Independent Director)
- Alberto Fioravanti
- Gabriele Gresta
- Alessandro Malacart
- Michele Novelli
- Laila Pavone
- Gabriele Ronchini
- Edmund Sparano
and determined their related remuneration.
The new directors were all selected from the list presented by shareholder Alberto Fioravanti, owner of 881,901 ordinary shares, corresponding to 24% of the share capital.
Enrico Gasperini was re-elected Chairman of the Board of Directors.
The Ordinary Shareholders’ Meeting also set the total fees payable to the Board of Directors – for the period between the present date and the Board Meeting that will approve the 2014 financial statements - at € 750,000; this is before any contributions and additional corporate costs.
- The appointment of Statutory Auditors, their term of office and their remuneration
With regard to point 3Â on the agenda, the ordinary meeting appointed the following auditors for the trading periods 2014 – 2016:
- Fausto Adriano Giuseppe Provenzano (Chairman)
- Claudio Boschiroli
- Maximum Codari
Giovanna Maria Fossa and Massimo Tavola were also appointed as alternate auditors. The Board of Auditors shall remain in office for three years, from 2014 to 2016 inclusively. The total remuneration for the Board of Statutory Auditors was determined within the terms outlined in Ministerial Decree 140/2012.
The directors’ and auditors’ profiles and CVs can be viewed on the Company’s website (www.digitalmagics.com) in the Investor Relations – Corporate Governance section.
Deposit of Documentation
The file containing the Financial Statement and the Management Report for the trading year ended 31 December 2013, approved by the Ordinary Meeting of the Shareholders will be available at the registered offices and on the Company’s website (www.digitalmagics.com)In the Investor Relations – Financial Reports section.
The Minutes of the Ordinary Meeting will be made available to the public in the relevant Meetings section within the Investor Relations section on the company’s website (www.digitalmagics.com) as required by law.
This press release is available online at www.digitalmagics.com
Digital Magics – www.digitalmagics.com
Digital Magics is a certified venture incubator of innovative digital startups that offer content and services with a high technological value. Digital Magics is listed on the AIM Italia, the Alternative Capital Market dedicated to small and medium-sized Italian enterprises with high growth potential. It is organised and managed by the Italian Stock Exchange. Digital Magics builds and develops internet startups, working alongside the founders, investing equity and providing acceleration services. It begins with the talents and the ideas, to then transform them into disruptive businesses that are successful in the Italian and international digital economy. The incubator promotes a culture of entrepreneurship and risk, contributing to economic growth and employment for young people. Digital Magics offers services to support innovation, the creation and development of digital startups, and it supports them in the search for new private and public investors, be they Italian or international, to fund the next stages of development. The Digital Magics model is unique in Italy and is based on the Digital Magics LAB: the team that identifies, analyses and launches new ventures, providing startups with innovative mentorship, financial, administrative, strategic, logistical, technological, communication and marketing services. It also offers business management support that is capable of accelerating the growth process of a business.
Integrae SIM acts as Nomad and Specialist under the AIM Italia Issuer Regulations. For the transmission of its communications Digital Magics makes use of the SDIR-NIS circuit, operated by BIt Market Services, a subsidiary of  the London Stock Exchange Group.
For further information:
Digital Magics – Press Office
Giorgio Bocchieri – E-mail: giorgio.bocchieri @ digitalmagics.com
Phone +39Â 02 52505202 – Mobile. +39 334 6853078
IR Top –  Investor Relator
Floriana Vitale – Email: ir@irtop.com
Tel. +39 02 45473884/3
Integrae SIM – Nomad
Luca Di Liddo – Email: luca.diliddo@integraesim.it
Tel. 02 78625300 – Mob. 334 6501346
