Principal corporate actions:
MLK Fresh S.r.l.
On 31 January 2024, through the establishment of the NewCo named “MLK Fresh S.r.l.” (“MLK Fresh”), the partnership in the Fresh Food sector between MLK Deliveries S.p.A. and Mazzocco S.r.l. (“Mazzocco”), an Italtrans Group company operating as a national refrigerated courier, was formalised.
MLK Fresh, 70% owned by MLK and 30% by Mazzocco, will be the vehicle through which the parties will offer advanced delivery services in Italy dedicated to the fresh food segment in the B2C e-commerce and/or scheduled deliveries market.
N&TS Group Networks & Transactional Systems Group S.p.A
On 28 February 2024, PostePay signed an agreement to acquire 20% of N&TS GROUP Networks & Transactional Systems Group S.p.A., a leading Italian company in software solutions for electronic payments. The transaction, the closing of which was 15 April 2024 following the fulfilment of conditions precedent, aims to enhance PostePay technological expertise in order to support its expansion strategy in the digital payments market.
Poste Logistics S.p.A.
On 4 March 2024, Poste Logistics S.p.A. (also “NewCo”) was established, whose share capital is wholly-owned by Poste Italiane S.p.A. The NewCo will focus on integrated logistics activities for the Poste Italiane Group, benefiting from the business unit of SDA Express Courier S.p.A. (“SDA”) concerning the integrated logistics business, through a partial demerger transaction. The partial demerger transaction, which was resolved by the Extraordinary Shareholders’ Meetings of SDA and Poste Logistics S.p.A. on 27 March 2024, was formalised on 25 June, effective as of 1 July 2024.
Locker Italia S.p.A.
On 18 April 2024 was the establishment of the company Locker Italia S.p.A. owned by Poste Italiane S.p.A. and Deutsche Post International BV with equal stakes of 50% respectively – which will be dedicated to the development in Italy of a network of lockers for last mile deliveries of parcels managed by Poste Italiane S.p.A. and the e-commerce division of the DHL Group.
Postego S.p.A.
On 9 May 2024, Postego S.p.A. was established, a benefit company wholly-owned by Poste Italiane, with the aim of progressively internalising the Poste Italiane car fleet (about 30,000 delivery vehicles).
SPV Cosenza S.p.A.
On 25 June 2024, SPV Cosenza S.p.a. was established, a company 95% owned by Poste Italiane S.p.A. and 5% owned by Plurima S.p.A., dedicated to the performance of all the services covered by the public-private partnership contract for the management and rationalisation of integrated healthcare logistics for the Cosenza Provincial Health Authority.
Purchase of treasury shares
In execution of the authorisation to purchase treasury shares resolved by the Shareholders’ Meeting of Poste Italiane on 31 May 2024, aimed at acquiring a provision of shares to be allocated to directors and employees of the Group who are beneficiaries of the variable incentive plans, the launch of which was communicated to the market on 31 May 2024, from 3 to 10 June 2024, Poste Italiane purchased 1,166,667 treasury shares, at an average unit price of €12.804423, for a total countervalue of €14,938,498.18.
Following the transaction, considering also the treasury shares in the portfolio deriving from previous buy-back transactions and the delivery to the beneficiaries of the incentive plans, at 30 June 2024, Poste Italiane holds 10,781,802 treasury shares, equal to 0.825% of the share capital.
National collective labour agreement renewed
On 23 July 2024, the National Collective Labour Agreement (CCNL), which expired at the end of 2023, was renewed for the period 2024-2027 for the non-managerial staff of Poste Italiane SpA and the other Group companies to which the same CCNL applies.
