Pasquarelli Auto’s Majority Shareholder Files Single Slates for Board and Auditors

Pasquarelli Auto SpA ( (IT:PSQ) ) has issued an announcement.

Pasquarelli Auto has disclosed the single slates of candidates submitted by majority shareholder Ursus Holding for the renewal of its Board of Directors and Board of Statutory Auditors ahead of the 29 April 2026 shareholders’ meeting. The move confirms the controlling shareholder’s tight grip on governance, with the Pasquarelli family and an independent director proposed for the board, and a full slate of statutory auditors presented, as the company continues to consolidate its position on the Italian mobility and automotive retail market.

The board slate designates Giancarlo Pasquarelli as chairman, Marco Pasquarelli as chief executive officer and includes other family members alongside independent director Alberto Dall’Acqua. For the Board of Statutory Auditors, Ursus Holding has put forward three standing and two alternate auditors, and all documentation, including candidate CVs, has been made available to investors through the company’s registered office, website and the Borsa Italiana platform.

The governance proposals come after Pasquarelli Auto closed 2025 with a production value of €506.6 million and EBITDA of €12.5 million, underscoring the scale of operations now overseen by the renewed corporate bodies. The streamlined filing of single slates suggests continuity in strategic direction and oversight, which may reassure investors focused on stability as the company expands its brand portfolio and geographic footprint in Italy’s competitive automotive distribution sector.

The most recent analyst rating on (IT:PSQ) stock is a Buy with a EUR2.30 price target. To see the full list of analyst forecasts on Pasquarelli Auto SpA stock, see the IT:PSQ Stock Forecast page.

More about Pasquarelli Auto SpA

Pasquarelli Auto S.p.A., founded in 1986, is a 360-degree mobility provider and the first listed car dealer in Italy, operating on the Euronext Growth Milan market. The group trades new and used cars and commercial vehicles under its SecondLife brand, offers multi-term rentals, after-sales services and spare parts, and distributes a wide portfolio of European and Chinese automotive marques across 15 outlets in central and northern Italy.

Average Trading Volume: 35,709

Technical Sentiment Signal: Buy

Current Market Cap: €24.09M

See more insights into PSQ stock on TipRanks’ Stock Analysis page.