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Press release of the 26/02/2020 16.50.00 ( download )

Rimini, 26th February 2020 . MIR Tech, the show specifically for the world of showbiz technologies, organized by IEG Italian Exhibition Group and scheduled to be held at Rimini Expo Centre from 8th to 10th March 2020, announces the postponement of this 5th edition.

At a meeting yesterday, Tuesday 25th February, the IEG Board of Directors, in light of the critical international situation caused by the COVID-19 emergency, decided to postpone the shows scheduled for the coming month of March.

The new dates for MIR Tech will be announced shortly after on-going further consultation with the sector´s companies and associations.

MIR Tech is the most important meeting and innovation venue in the showbiz sector and an undisputed reference point for the presentation of the best technologies and fields of application regarding Light, Sound, Visual, Integrated System & Broadcast.

Italian Exhibition Group (IEG), listed on the Milan Stock Exchange organized and managed by Borsa Italiana S.p.A. (Italy´s stock exchange), is the Italian leader in the organization of trade expos and one of the main players in Europe in the expo and conference sector, with its venues in Rimini and Vicenza. The IEG Group stands out for the organization of events in five categories: Food & Beverage; Jewellery & Fashion; Tourism, Hospitality & Lifestyle; Wellness, Sports and Leisure; Green & Technology. In recent years, IEG has launched an important process of foreign expansion, also by means of joint ventures inked with local players (e.g. in the United States, Arab Emirates and China). IEG ended the 2018 financial year with a total consolidated turnover of 159.7 million euros, an EBITDA of 30.8 million and a net consolidated profit of 10.8 million euros. In 2018, IEG held an overall total of 53 exhibitions organized or hosted and 181 conferences events in its Rimini and Vicenza expo and conference venues.

Zoe Perna . Naper Multimedia .

This press release contains forecast elements and estimates that reflect the management´s current opinions (´forward-looking statements´), particularly regarding future management performance, realization of investments, cash flow trends and the evolution of the financial structure. For their very nature, forward-looking statements have a component of risk and uncertainty, as they depend on the occurrence of future events. The effective results may differ (even significantly) from those announced, due to numerous factors, including, only by way of example: food service market and tourist flow trends in Italy, gold and jewellery market trends, green economy market trends; the evolution of raw material prices; general macroeconomic conditions; geopolitical factors and evolutions in the legislative framework. Moreover, the information contained in this release does not claim to be complete, and has not been verified by independent third parties. Forecasts, estimates and objectives contained herein are based on the information available to the Company as at the date of this release.