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Snam demerger deed filed at the Business Register and Borsa Italiana authorization for the listing of Italgas ordinary shares issued

an Donato Milanese, 3 November 2016 – Following on from yesterday’s press release, Snam and Italgas announce that the deed of partial and proportional demerger of Snam in favour of Italgas has been registered at the Milan Business Register, while Borsa Italiana has issued its authorization for the listing of Italgas ordinary shares on the MTA (Electronic Share Market). The efficacy of the demerger and the consequent trading of Italgas ordinary shares on the MTA are expected on Monday 7 November 2016, once CONSOB has issued its equivalence opinion on the Information Document, pursuant to article 57, subsection 1, letter d) of the Issuer Regulation.