The decrease in equity is due to the loss for the period (€7.3 million) a. controlling investors (€3.6 million) and, in particular, to the change in the translation reserve which decreased by €28.3 million in the first half of 2020. There are various types of Tamper-Evident system.

This section provides information on the contractual terms governing the group, Reference should be made to note 31) Fair value of financial instruments and sensitivity analysis for further information on the group.

Other operations consist of the PET division which did not meet any of the quantitative thresholds for determining reportable segments under IFRS 8 at the reporting date. Furthermore, on August 6, 2018, the date the merger became eff, ective, another 9,367,393 market warrants were assigned for €9,367,393, setting, Based on the market warrant regulation, the warrant holders may decide to exercise them in whole or in part at any time and to subscribe the exchange shares at the subscription price, as long as the average, monthly price is higher than the strike price (€10 per share). The Californian (USA) and the Mexican facilities continued to operate as they are essential to the supply chain, the Chilean facility operated at full capacity, and finally, in Brazil, operations never stopped since the government authorities have not. The Group has developed an extensive range of solutions, including customised closures to meet the needs of the market and its customers: these range from the simplest “Tamper Evident” technologies to more complex valve systems, sometimes using up to 13 components in a single closure. The contract was signed, inter alia, by Guala Closures S.p.A., as the issuer, The Law Debenture Trust Corporation p.l.c., as the senior secured notes trustee and Bondholders, representative pursuant to articles 2417 and 2418 of the Italian Civil Code, Deutsche Bank AG, London branch, as the paying agent, and Deutsche Bank Luxembourg S.A., as the transfer agent and the registrar (the, The parent has, inter alia, a covenant on the RCF. Cash flows used in investing activities came to €19.5 million in the first half of 2020, a €3.4 mill. Automatic internal TE band Euro 68.906.646,00 - Registro Imprese - Codice Fiscale - Cod. Because the cap cover has to be destroyed to be removed, any forced opening of the bottle creates an evident change to the product’s appearance, therefore providing indisputable proof that the bottle has already been opened. 8.9 million in the same period of the previous year. All of our closures offer extremely high standards in terms of functionality, processing and consumer convenience. From materials testing through pilot production and production roll-out, the project was completed in approximately one month (between March 23 and April 27), initially using 3D printing and then using a mould. The competition is organized by EAFA (European Aluminium Foil Association). s presence in new geographical segments and/or markets; , testing continues for the fine tuning of a new range of products for all market segments of the group, offering solutions consistent with consumer habits and end-of-life packaging treatment systems, which vary from country to country. s reclassified statement of changes in net financial indebtedness for the first half of 2020 with comparative figures for the same period of 2019 is provided below: A) Opening pro forma net financial indebtedness, B) Net cash flows from operating activities, C) Cash flows used in investing activities, Opening net financial indebtedness for 2019 (€459.5 million) was adjusted by €17.0 million to reflect the effect of the. amounted to €9.3 million, of which €7.3 million was collected in April at closing and the remaining €2.0, million will be collected within one year from the closing date. activities (€13.7 million), the cash flows used in investing activities (€19. r capex decreased by €1.2 million, from €15.6 million in the first half of 2019 to €14.4, The increase in net financial indebtedness due to financing ac. By continuing to browse the website, the user accepts the use of cookies. Our range of custom closures bringing together the versatility of plastic and the luxury feel of metal. at constant exchange rates thanks to the diversification of the business in terms of geography, products and the customer portfolio, and to the positive contribution of the business acquired in Germany in February. Regulation, and the contents of the fairness opinion issued by the independent advisor Rothschild & Co, which assessed the methods, assumptions and conclusions. EBITDA, adjusted EBITDA and adjusted EBIT are not performance measures defined by the IFRS. is calculated by adjusting the profit (loss) for the period to exclude the impact of taxation and net financial expense.