GTECH S.p.A. is a company with a registered office at Viale del Campo Boario 56/D, Rome
At the end of the 2014 financial year, GTECH was directly and indirectly controlled by De Agostini S.p.A. (hereinafter, “DeAgostini”), directly through DeAgostini (52.9%) and indirectly through DeA Partecipazioni S.p.A. (5.8%). GTECH is subject to direction and coordination by De Agostini S.p.A.
The Company issued bonds of different types from 2006 until 2012 for a total value of 2,500 million euros, as stated and described in detail in the GTECH S.p.A. Corporate Governance and Ownership Structure Report, approved on March 9, 2015.
GTECH owns 2,183,503 treasury shares, amounting to 1.25 % of its share capital, as of December 31, 2014.
GTECH has stock-based compensation plans that serve as incentives for selected employees of the Company and its subsidiaries. These incentive-based plans are designed to encourage employees to remain with the Company, connecting compensation with the creation of value for the shareholders, as well as ensuring the market competitiveness of compensation packages.
THE MERGER OF GTECH WITH IGT
On July 15, 2014, De Agostini, DeA Partecipazioni and IGT entered into a definitive merger agreement for the acquisition of IGT by GTECH. The notice of this agreement was been made available on the website of the Company and in the Consob.
Investor Relations (IR) provide a constant, complete, and timely flow of information on the Company and its subsidiaries in compliance with the principles of correctness and transparency. IR ensures that all relevant information is distributed to all stakeholders.
Under the supervision of the Chief Financial Officer, the IR department communicates through quarterly financial reports, the annual budget, special Company presentations, and price sensitive press releases.
Moreover, an audio web cast of the conference calls given by the top management of the Company are available in connection with the presentation of quarterly and annual results.
The IR activities have substantially increased during the year 2014: a total of 525 meetings with investors were held (+ 22.4%).
The GTECH S.p.A. website (http://www.gtech.com/) shows all of the final and intermediate reports of the last year, an updated company presentation, all press releases, and all price sensitive documents.