Conclusions. The Independent Directors, taking note (i) of the statements by the Offeror contained in the Offer- ing Document; (ii) the conclusions stated in the Fairness Opinion; and (iii) that, to the best of their knowledge, on the date on which this Opinion is being prepared and issued, no elements have emerged that contrast the abovementioned conclusions by the Independent Expert and their shared endorsement, including in light of all the considerations described in the Opinion – what is already indicated in Article 2 above – believe unanimously that: • the PTO is consistent with the provisions of the legal regime for mandatory PTOs, not containing accessory or incidental elements that would influence its essential content; • the Consideration for the PTO – greater than the maximum value in the range indicated by the Independent Expert with reference to each valuation method and criterion used – may be deemed appropriate. Milan, 29 July 2016 Signed by Xxxxxx Xxxxxxxx (Lead Indipendent Director); Xxxxx Xxxxxxx; Xxxxxxxx xx Xxxxx- xxx; Xxxxxxx Xxxxxx Xxxxxxx; Xxxxx Xxxxxxxx- ni; Xxxxxxx Xxxxx; Xxxxx Xxxxxx.
Conclusions. The Managing Director, under IAS 1, declares that the above-mentioned financial statements fully comply with all international accounting standards in force at the time of its preparation. Frascati, June 15th 2023 The Managing Director FINANCIAL STATEMENTS AS AT 31 DECEMBER 2022 INDEPENDENT AUDITOR’S REPORT IN ACCORDANCE WITH ARTICLE 14 OF LEGISLATIVE DECREE NO. 39 OF 27 JANUARY 2010 This is an English translation of the original Italian document. In the event of any inconsistency or discrepancy between the Italian and the English version, the Italian original document shall prevail. Independent auditor’s report in accordance with article 14 of Legislative decree no. 39 of 27 January 2010 To the Sole Quotaholder of Particle Measuring Systems S.r.l. Report on the audit of the financial statements We carried out the audit of the financial statements of the company Particle Measuring Systems S.r.l. (the Company), consisting of the statement of financial position as at 31 December 2022, the comprehensive income statement, the statement of changes in equity, the cash flow statement for the year ended on that date and the notes to the financial statements which also include a summary of the most significant accounting principles adopted. In our opinion the financial statements provide a true and fair view of the equity and financial situation of the company Particle Measuring Systems S.r.l. as at 31 December 2022, of the economic result and cash flows for the year ended on that date in compliance with the International Financial Reporting Standards adopted by the European Union. We performed the audit in accordance with international auditing standards (ISA Italia). Our responsibilities under these standards are further described in the Responsibilities of the Auditing Firm for the Audit of the Financial Statements section of this report. We are independent from the Company in accordance with the rules and principles on ethics and independence applicable in the Italian legal system to the auditing of the financial statements. We believe we have acquired sufficient and appropriate audit evidence on which to base our opinion.
Conclusions. 13.1 The Minister for Housing and Local Government (Xxxxx Xxxxx MS) announced the Provisional 2021/22 Local Government Settlement on the 22nd December 2020.
Conclusions. 18 This opinion was drafted pursuant to Article 39-bis, paragraph 2, of the Issuers’ Regulation (“Opinion”) and contains the evaluations made by the independent directors of Italcementi S.p.A. (“Italcementi”, “Issuer”, or “Company”), Xxxxx Xxxxxxxx (“Lead Independent Director”), Xxxxx Xxxxxxx, Xxxxxxxx xx Xxxxxxxx, Xxxxxxx Xxxxxx Xxxxxxx, Xxxxx Xxxxxxxxxx, Xxxxxxx Xxxxx, and Xxxxx Xxxxxx (“Independent Directors”). To wit (i) on the mandatory PTO that HeidelbergCe- ment France S.A.S. (“Offeror”) – a company wholly and indirectly controlled by HeidelbergCe- ment – has made an offer under Article 106, paragraph 1-bis, of the TUF, for 100% of the com- mon stock of Italcementi (“PTO” or “Offer”) and (ii) on the fairness of the consideration offered within the context of that PTO. Note that Xxxx. Xxxxx Xxxxxxx, while having the status of an independent director of Italcementi, decided not to participate in the work of the Independent Directors in issuing this Opinion for rea- sons of propriety. This is connected to the fact that the independent directors are being called up- on to express their opinion on the PTO and on the fairness of the price contained in the Offer. Those same the independent directors see the company Italmobiliare (former majority sharehold- er with respect to Italcementi) as an involved party, being the seller of the Total Stake (as defined below), where Xxxx. Xxxxx Xxxxxxx was and still is a member of the Board of Directors and the Ex- ecutive Committee.
Conclusions. 3.1 The working group are asked to consider this information provided and to make their views and any recommendations known to the Cabinet Member via a Conveners Letter. Car Parking Charges Scrutiny Report – Parking 28th November 2017 Parking Services has been the subject of a Budget Review Steering Group (BRSG) review in December 2015. Under the Traffic Management Act (TMA) 2004 the Council has a statutory duty to manage the highway network in a way to minimise congestion and reduce air pollution. Practically this translates into three key benefits of a clear and consistent policy approach to parking as follows: • Economic viability – effective management and enforcement of on and off road parking increases the availability of parking spaces by ensuring the turnover of spaces (and thus shoppers or visitors) • Safety – effective and consistent enforcement discourages motorists from stopping/parking at locations which could compromise the safety of pedestrians, cyclists or other motorists • Congestion – Appropriate capacity and effective management/enforcement of parking will deter indiscriminate parking, tailbacks and queues in and around the city and district centres The approach to parking strategy, policy and delivery in Swansea is line with national, regional and local economic, planning and transport strategy and with that of other Local Authorities.
Conclusions. According to the objectives of this activity, we have developed and described a methodology to address the design of RF-based plasma thrusters. We consider a three-stage thruster with magnetic transversal confinement. It is composed of a generation unit, a helicon plasma source; a booster section employ- ing radio frequency (RF) power at the ion cyclotron (IC) frequency (ion-cyclotron resonant "heating", ICRH); and finally a magnetic nozzle. Our approach relies on both the self-consistent TOPICA code for modeling the RF behavior of the ICRH antenna, and a fast zero-dimensional numerical model purposefully developed for the global description of the plasma-device. TOPICA has been modified to handle the specific geometry and plasma of the thruster; it allows the evaluation of the ICRH antenna parameters (strictly related to the an- xxxxx shape and plasma composition) and the ensuing radiated power. The zero- dimensional global model provides the relevant global system parameters, neces- sary to assess the engine performance. TOPICA results for the parameters of the ICRH antenna of the booster unit were validated against published measured data (for the so-called coupling resis- tance). The predictions of the global modelling were likewise validated against published experimental values. The developed tool set as a whole can be used, for instance, to investigate the feasibility of a low-power (a few kW) system and then to address its scaling to high power. Because of the reduced computational load of the zero-dimensional model, evolutionary algorithms can be employed to optimize the model. With this approach, optimal values of power partition, mass flow rate, type of propellant, magnetic field and dimensions of the thruster have been be computed as an example. The results of the model give the indication of the values of plasma pa- rameters that should be expected during the experiment, and also the requirements for the needed diagnostics. In this respect, the carried out prototypical optimization exercise confirms that the use of Argon as propellant is preferable to other lighter gases, mainly because it can be ionized with significantly lower power. [1] X. Xxxxxxxxxxx, X. Xxxxxxxxx, X. Xxxxxxxx, X. Xxxxxx, X. Kyrytsya 2006 Nucl. Fusion 46 S476 [2] F. R. Xxxxx-Xxxx 2000 Sci. Am. 283 90 [3] I. V. Xxxxxxx 1992 Methods for Electromagnetic Field Analysis Oxford Engi- neering Science Series (Oxford: Clarendon Press) [4] X. X. Xxxxxxxx, X. X. Xxx, X. Xxxxxx 1998 C...
Conclusions. After having analyzed in depth the Italian legislative framework and the specific policies to combat Violence against Women (VAW) adopted by the government, it is possible to provide an answer to my research question by concluding that the measures taken by Italy in the last ten years have been insufficient and inefficient. Surely, the ratification of the Istanbul Convention led the Italian government to a major commitment in eradicating the phenomenon and, considering the last decade, the country has undeniably taken some steps forward. Nevertheless, the Italian patriarchal culture, which constitutes the main cause of gender-based violence, has not been uprooted yet. After all we could expect a similar result; as demonstrated by the analysis of post- 1995 laws, Italy has combated VAW relying almost exclusively on criminal prosecution. Obviously it is important to define an adequate system of measures which regulates the punishment of perpetrators, however it represents only one of the four pillars on which the Istanbul Convention is based. Consequently, it is necessary to concentrate also on prevention, protection and co-ordinated policies. Only in this way, it will be possible to eliminate any existing power disparities between women and men. In other words, male violence against women is a cultural fact and therefore it cannot be combated by using the sole criminal procedures. Beside the problematic criminal law approach, there are other shortcomings in the Italian policies contrasting VAW. Precisely, public politics lack proper evaluation instruments; indeed, during the policy-making process the evaluation phase continue to be overlook. Consequently to the cooperation agreement between the DPO and the CNR-IRPPS signed in 2017 that led to the definition of the Viva project, we finally obtained the first assessment of a National Action Plan. It is absurd that the previous NAPs did not contain any instruments or even any reference to the appraisal of implementation processes, achievements and results. Without knowing if the actions implemented had or not an impact there is the extremely high risk to propose ineffective interventions and policies again. For this reason, the drafting of a new NAP should take into account both failings and accomplishments of the preceding plans in order to include in it only successful actions.
Conclusions. Analysis of combined compressibility measurements and high-P crystal-structure refinements shows that high P destabilizes low-Fm muscovite. This destabilization is mainly related to bond lengths, bond angles, and di- XXXXXX, X.X. (1984): Crystal chemistry of the true micas. In Xxxxx (X.X. Xxxxxx, ed.). Rev. Mineral. 13, 13-60. XXXXX, X. & XXXXXXXX, X. & XXXXXX, X. (1989): Thermal strain analysis in the crystal structure of muscovite at 700°C. Eur. J. Mineral. 1, 625-632. XXXXXX, P. & XXXXXXX, X.X. (1995): High-pressure structural study of muscovite. Phys. Chem. Minerals 22, 170-177. mensions of both the individual coordination polyhedra & (1997): Pressure dependence of struc- and the sheets of polyhedra. Consequently, muscovite changes chemically to counteract these P-induced in- stabilities. However, even though undergoing P-induced structural changes (Xxxxxx & Xxxxxxx 1997), coexist- ing paragonite shows no clearly discernible composi- tional adjustments at pressures up to ~25 kbar. Possibly this constancy is related to the octahedrally coordinated Na in the interlayer sites and the associated intrinsically large amounts of α rotation (e.g., 16.0° at 0.001 kbar and 17.9° at 25 kbar). Such high values of would hinder enlargement of the VI sheet, as would occur by signifi- cant incorporation of Fm. Xxxxxxxx et al. (1994a, b) pre- sented similar arguments, suggesting that incorporation tural parameters of paragonite. Phys. Chem. Minerals 24, 274-280. XXXXXXX, X.X. & XXXXXXXX, X.X. (1996): The stability and composition of phengitic muscovite and associated phases from 5.5 – 11 GPa: implications for deeply subducted sediments. Geochim. Cosmochim. Acta 60, 4133-4150. XXXXX, X.X. (1963): Significance of phengitic micas from low grade schists. Am. Mineral. 48, 1357- 1373. XXXXXXXX, X.X., XXXXXXX, C., XXXXX, X.X. & XXXXXXX, X.X. (1992): Compositional controls on the cell dimensions of 2M1 muscovite and paragonite. Eur. J. Mineral. 4, 283-297. of more than minor Fm into paragonite would destabi- & XXXXX, X.X. (1976): Muscovite as petrogenetic lize it. Finally, as seen on Figure 1, paragonite is inherently less compressible than muscovite. Hence, possibly the structural changes occurring as P increases indicator mineral in pelitic schists. Neues Jahrb. Mineral., Abh. 127, 97-142. impart less instability to a paragonite crystal than a co- & (1998): Petrogenetic significance of existing muscovite crystal, thereby not requiring the compositional adjustment seen in mus...
Conclusions. Anatomic closure of foramen ovale is incomplete in approximately 1 of every 4 adults. In the absence of specific clinical conditions, a PFO should be considered a normal anatomic variant and not a pathological finding[4]. However, association between PFO and cerebral embolic stroke has been suggested[1] as well as its association with chronic migraines[2]. Together with medical therapy and surgical closure, percutaneous closure of PFO is one of the treatment options for patients with PFO suffering from TIAs, cryptogenic stroke or persistent migraine. The procedure is minimally invasive and is performed after echocardiography and fluoroscopic examination to determine the size and type of the PFO, and the anatomy of the defect[1]. Since their introduction, several PFO closure devices have been developed, refined, and CE marked. However, none of these devices have been approved by the FDA and the procedure in the United States is performed off-label, using devices approved for other indications[4]. In Italy, at time of writing, 7 manufacturers were offering 12 different PFO closure devices and it has been estimated that 2,541 PFO procedures were performed in 2012[14]. Considering that the price for a single PFO closure device ranged from € 5,535 to € 6,868 (excluding VAT), this resulted in an impact on the SSN budget of € 15 millions. We performed searches to identify studies in which patients with PFO suffering from TIAs, cryptogenic stroke or persistent migraine underwent insertion of percutaneous devices for the closure of PFO were compared to patients treated by usual care (i.e., medical treatment, symptomatic or secondarily preventive such as anticoagulants or fibrinolytics). Eligible studies were extracted and their methodological quality was assessed. From the initial list of 197 records and from references checking we identified 3 systematic reviews[17,18,19], 2 horizon scanning reports[20,21], and 6 primary studies. The 6 primary studies were 5 controlled clinical trials (CCT)[22,24-27], and 1 randomised clinical trial (RCT)[28]. We performed a meta-analysis of the primary studies and found that PFO closure significantly reduced the incidence of stroke in only 1 study[25] and the incidence of TIA in 2 studies[22,25]. PFO closure reduced the incidence of combined outcomes including stroke, TIA and vascular mortality in only 1 study[27]. Combining the 5 CCT studies, percutaneous closure of PFO was better than medical treatment in reducing stroke, TIA o...
Conclusions. Applying the DTNHSMRP model for each year at the proposed actuarial problem, we are able, in the first approach, to compute the elements of the V(s,t) or Vi(s,t) , s,t∈N. They represent the present value of the payments ( assets or liabilities) that were done from the age s to the age t for a person that was in the state i at age s. In this way it is possible to get the exposition of the insurer company respect each given insured position. In this approach it is not possible to consider the time evolution of the system.