The Committee for Related Party Transactions is made up of three non-executive directors, all of whom are independent.
The current Committee is made up as follows:
The functions of the Committee for Related Party Transactions are governed by the Procedure for related party transactions approved by the Board fo Directors on 11 November 2010 and subsequently updated in 2013, 2016 and 2021. The innovations introduced at national level by Consob, in order to implement the SHRD II Directive, have led to merely marginal changes to the Procedure already adopted by IGD, mainly at the definitional level: the perimeter of related parties has been expanded, today coinciding with the accounting definition, moreover, some existing procedural safeguards have been strengthened.
The purpose of the “Procedure for Related Party Transactions” is to define the rules, procedures and principles aimed at ensuring the transparency and the substantive and procedural fairness of transactions with related parties carried out by IGD, either directly or through its subsidiaries.
The Committee for Related Party Transactions with regard to:
In 2021 the Committee met 4 times and all members attended 100% of the meetings. The meetings lasted an average of around 55 minutes.
Information Document on related parties – April 2015 (9 MB – pdf)
Information Document on related party (July 2014) (3 MB – pdf)
Attachment A – Information Document on related party (July 2014) (4 MB – pdf)
Attachment B – Information Document on related party (July 2014) (1 MB – pdf)
Attachment C – Information Document on related party (July 2014) (2 MB – pdf)
Information Document regarding the exchangge offer addressed to convertible bondholders -April 2013 (2 MB – pdf)
Information Document regarding the acquisition of the hypermarket Conè – July 2011 (1 MB – pdf)
Information Document regarding the acquisition of the shopponh mall Conè – December 2010 (74 KB – pdf)