{ "docId": "019dd923-622c-750b-8b9c-63bc884c5856", "docSlug": "5cd25d5edacd", "documentTitle": "Telecom Italia SpA (TIM) (TIT.MI)", "authorId": "02_Elliott_Management", "authorName": "Elliott", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-04-05 00:00:00", "orientation": "landscape", "aspectRatio": 1.4444444, "pageNumber": 2, "pageCount": 37, "prevPage": 1, "nextPage": 3, "slideType": "disclaimer", "function": "other", "density": "balanced", "nDataPoints": 0, "notes": null, "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9c-63bc884c5856/2", "deckHref": "/decks/019dd923-622c-750b-8b9c-63bc884c5856", "deckJsonHref": "/decks/019dd923-622c-750b-8b9c-63bc884c5856.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9c-63bc884c5856#slide-2", "components": [ { "bbox": { "h": 0.75, "w": 0.85, "x": 0.075, "y": 0.13 }, "kind": "disclaimer", "text": "This document is published and maintained by Elliott Advisors (UK) Limited (\"EAUK\"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority. This document and the information contained within it (together referred to as \"this document\") is an information resource for shareholders in Telecom Italia SpA (\"TIM\"). No information in this document is intended to promote, and should not be construed as promoting, any funds advised directly or indirectly by EAUK nor does it constitute a financial promotion, investment advice or an inducement or an incitement to participate in any product, offering or investment and should not be construed as such. The views expressed in this document represent the opinions, interpretations and estimates of EAUK and are based on publicly available information. Certain financial information, data and statements included herein have been derived or obtained from public filings, including filings made with CONSOB or other regulatory body, and other sources. No agreement, commitment or understanding exists or shall be deemed to exist between or among EAUK and any third party by virtue of furnishing this document. EAUK has not sought or obtained consent from any third party to use any statements or information which are described as having been obtained or derived from statements made or published by third parties and this document is not a complete summary of such statements or information. Any such statements or information should not be viewed as indicating the support of such third party for the views expressed in this document. All amounts, market value information and estimates included in this material have been obtained from outside sources that EAUK believes to be reliable or represent the best judgment of EAUK as of the date such material was first published or as otherwise indicated. Such information may change after the date such material was first published. Any information in relation to the past performance of TIM cannot be relied upon as a guide to future performance. This document is not intended to be and is not an investment recommendation as defined by Regulation (EU) No 596/2014. No information in this document should be construed as recommending or suggesting an investment strategy or as representing any opinion as to the present or future value of any financial instrument. The information on this document is not an offer to sell or a solicitation of an offer to buy any security, nor shall Elliott offer, sell or buy any security to or from any person through this document. EAUK expressly disclaims and will not be responsible or have any liability for any losses, whether direct, indirect or consequential, including loss of profits, damages, costs, claims or expenses, relating to or arising from your reliance upon any part of this document or for any misinformation contained in any public filing, any third party report or this document. Before determining any course of action, you should consult with your independent advisors to review and consider any associated risks and consequences. This document has been prepared without regard to the specific investment objectives, financial situation, suitability and needs of any particular recipient. EAUK does not render any opinion regarding legal, accounting, regulatory or tax matters. Funds advised by EAUK (the \"Elliott Funds\") have a direct or indirect interest in TIM. EAUK is expressing the opinions, interpretations and estimates set out in this document solely in its capacity as an investment advisor to the Elliott Funds. As a result of its arrangements with the Elliott Funds, EAUK has a financial interest in the profitability of the Elliott Funds' positions in TIM. Accordingly, this document should not be viewed as impartial (and has not been prepared in accordance with legal requirements to promote the independence of investment research) and EAUK may have conflicts of interest. EAUK, its affiliates, officers and employees make no representations or warranties, express or implied, regarding the accuracy, reliability, completeness, suitability or other characteristics of the information contained in this document. Depending on overall market conditions, other investment opportunities available to the Elliott Funds, and the availability of securities of TIM at prices that would make the purchase or sale of such securities desirable, the Elliott Funds may endeavour (i) to increase or decrease their respective positions in TIM through, among other things, the purchase or sale of securities of TIM on the open market or in private transactions, on such terms and at such times as the Elliott Funds may deem advisable, and/or (ii) to enter into transactions that increase or hedge their economic exposure to securities of TIM without affecting their beneficial ownership of shares of such securities. TIM has not approved nor has any responsibility for this document. EAUK does not intend to update this document on a regular basis, but may from time to time amend it to reflect additional information as it becomes available.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5a7a4f44-5b04-4957-8393-ad3999ecaf9a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.35, "x": 0.075, "y": 0.025 }, "kind": "title", "text": "Important information", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f0426043-08f3-4117-ad15-b0a945da8ebd", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }