Report of Foreign Issuer (6-k)
September 13 2017 - 5:26PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
6-K
REPORT OF
FOREIGN PRIVATE ISSUER
PURSUANT TO RULE
13a-16
OR
15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF SEPTEMBER 2017
TIM S.p.A.
A company directed and coordinated by Vivendi S.A.
(Translation of registrants name into English)
Via Gaetano
Negri 1
20123 Milan, Italy
(Address of principal executive offices)
Indicate by
check mark whether the registrant files or will file annual reports under cover of Form
20-F
or Form
40-F:
FORM
20-F ☒ FORM
40-F ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by
Regulation
S-T
Rule 101(b)(1): ☐
Indicate by check mark if the registrant is
submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(7): ☐
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information
to the Commission pursuant to Rule
12g3-2(b)
under the Securities Exchange Act of 1934.
YES ☐ NO ☒
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b):
82-
Press Release
Consob
declares Vivendi controls TIM
The Company will appeal
Rome, 13 September 2017
TIM announced it has received an
act thereby the Commissione Nazionale per le Società e la Borsa declared it deems the reference shareholder Vivendi S.A. (presently holding a 23,94% stake in the ordinary share capital, and exercising direction and coordination activity over
the Company) exercises de facto control of TIM pursuant to art. 2359 of the Italian Civil Code and art. 93 of the Consolidated Law on Finance, as well as the rules on related parties.
On the basis of a preliminary perusal, the act is significantly in contrast with the uncontroversial and consistent approach with reference to corporate
control, that TIM (and presumably the entire market) has constantly and consistently relied upon.
The Company will take all appropriate legal actions in
order to defend its interests, and is confident its conducts are correct and its arguments are strong.
TIM Press Office
+39 06 3688 2610
Www.telecomitalia.com/media
Twitter: @TIMnewsroom
Telecom Italia Investor Relations
+39 02 8595 4131
www.telecomitalia.com/investor_relations
Cautionary Statement for Purposes of the Safe Harbor Provisions of the United States Private
Securities Litigation Reform Act of 1995.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking
statements. The Groups interim report as of and for the six months ended June 30, 2017 included in this Form
6-K
contains certain forward-looking statements. Forward-looking statements are
statements that are not historical facts and can be identified by the use of forward-looking terminology such as believes, may, is expected to, will, will continue, should,
seeks or anticipates or similar expressions or the negative thereof or other comparable terminology, or by the forward- looking nature of discussions of strategy, plans or intentions.
Actual results may differ materially from those projected or implied in the forward-looking statements. Such forward-looking information is based on certain
key assumptions which we believe to be reasonable but forward-looking information by its nature involves risks and uncertainties, which are outside our control, that could significantly affect expected results.
The following important factors could cause our actual results to differ materially from those projected or implied in any forward-looking statements:
|
1.
|
our ability to successfully implement our strategy over the 2017-2019 period;
|
|
2.
|
the continuing effects of the global economic crisis in the principal markets in which we operate, including, in particular, our core Italian market;
|
|
3.
|
the impact of regulatory decisions and changes in the regulatory environment in Italy and other countries in which we operate;
|
|
4.
|
the impact of political developments in Italy and other countries in which we operate;
|
|
5.
|
our ability to successfully meet competition on both price and innovation capabilities of new products and services;
|
|
6.
|
our ability to develop and introduce new technologies which are attractive in our principal markets, to manage innovation, to supply value added services and to increase the use of our fixed and mobile networks;
|
|
7.
|
our ability to successfully implement our internet and broadband strategy;
|
|
8.
|
our ability to successfully achieve our debt reduction and other targets;
|
|
9.
|
the impact of fluctuations in currency exchange and interest rates and the performance of the equity markets in general;
|
|
10.
|
the outcome of litigation, disputes and investigations in which we are involved or may become involved;
|
|
11.
|
our ability to build up our business in adjacent markets and in international markets (particularly in Brazil), due to our specialist and technical resources;
|
|
12.
|
our ability to achieve the expected return on the investments and capital expenditures we have made and continue to make in Brazil;
|
|
13.
|
the amount and timing of any future impairment charges for our authorizations, goodwill or other assets;
|
|
14.
|
our ability to manage and reduce costs;
|
|
15.
|
any difficulties which we may encounter in our supply and procurement processes, including as a result of the insolvency or financial weaknesses of our suppliers; and
|
|
16.
|
the costs we may incur due to unexpected events, in particular where our insurance is not sufficient to cover such costs.
|
The foregoing factors should not be construed as exhaustive. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof. We undertake no obligation to release publicly the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date
hereof, including, without limitation, changes in our business or acquisition strategy or planned capital expenditures, or to reflect the occurrence of unanticipated events.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
Date: September 13, 2017
|
|
|
|
|
TIM S.p.A.
|
|
|
BY:
|
|
/s/ Umberto Pandolfi
|
|
|
Umberto Pandolfi
|
|
|
Company Manager
|
Telcom Italia (PK) (USOTC:TIAOF)
Historical Stock Chart
From Mar 2024 to Apr 2024
Telcom Italia (PK) (USOTC:TIAOF)
Historical Stock Chart
From Apr 2023 to Apr 2024