(Alliance News) - Enel's board of directors on Wednesday listened to and took note of what CEO Francesco Starace told the press, regarding the fact "that he has no intention of remaining at Enel for a further term and that he is only willing to allow, in the exclusive interest of the company and for a period not exceeding one month, an orderly handover, which in light of the presentation of three competing lists has not been possible so far."

In order to preserve the company's neutrality with respect to the appointment of the new board of directors at the shareholders' meeting on May 10, the note states that the "board of directors has resolved that until that date no interviews, statements, or otherwise any communication by the company's directors and/or management will be made in this regard, directly or indirectly."

Enel closed Wednesday's session just above par at EUR6.10 per share.

By Maurizio Carta, Alliance News reporter

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