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FM and CDP Equity Sign Three-Year Shareholders’ Pact on GPI S.p.A.

Story Highlights
  • FM and CDP Equity signed a three-year shareholders’ agreement governing transfers and governance at GPI.
  • The pact confirms FM’s exclusive control of GPI and formalises stable coordination with CDP Equity as key shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FM and CDP Equity Sign Three-Year Shareholders’ Pact on GPI S.p.A.

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GPI SpA ( (IT:GPI) ) has shared an announcement.

FM S.p.A. and CDP Equity S.p.A. have entered into a three-year shareholders’ agreement covering all of their ordinary shares in GPI S.p.A., setting out restrictions on share transfers and governance provisions for the company, with no automatic renewal at expiry. Under the agreement, FM holds 47.94% of GPI’s share capital (57.30% of voting rights) and CDP Equity holds 18.42% (22.32% of voting rights), confirming FM’s exclusive legal control and formalising the coordination of the two major shareholders in a structure that reinforces GPI’s current governance and ownership stability; key information on the pact has been made available on the company’s website.

The most recent analyst rating on (IT:GPI) stock is a Hold with a EUR16.00 price target. To see the full list of analyst forecasts on GPI SpA stock, see the IT:GPI Stock Forecast page.

More about GPI SpA

GPI S.p.A., based in Trento, is an Italian listed company whose share capital is held primarily by FM S.p.A. and CDP Equity S.p.A., with FM exercising de jure control and management and coordination over the group. Its ordinary shares are actively governed through shareholder arrangements that reflect its status as a significant corporate entity within the Italian market.

Average Trading Volume: 85,894

Technical Sentiment Signal: Buy

Current Market Cap: €470.1M

For an in-depth examination of GPI stock, go to TipRanks’ Overview page.

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