<SEC-DOCUMENT>0001157523-20-000348.txt : 20200316
<SEC-HEADER>0001157523-20-000348.hdr.sgml : 20200316
<ACCEPTANCE-DATETIME>20200313174240
ACCESSION NUMBER:		0001157523-20-000348
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200313
FILED AS OF DATE:		20200316
DATE AS OF CHANGE:		20200313

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATUZZI S P A
		CENTRAL INDEX KEY:			0000900391
		STANDARD INDUSTRIAL CLASSIFICATION:	HOUSEHOLD FURNITURE [2510]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11854
		FILM NUMBER:		20714260

	BUSINESS ADDRESS:	
		STREET 1:		VIA IAZZITIELLO 47
		CITY:			SANTERAMO ITALY
		STATE:			L6
		ZIP:			70029

	MAIL ADDRESS:	
		STREET 1:		VIA IAZZITIELLO 47
		CITY:			SANTERAMO ITALTY
		STATE:			L6
		ZIP:			999999999

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NATUZZI INDUSTRIES SPA
		DATE OF NAME CHANGE:	19950823
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a52189019.htm
<DESCRIPTION>NATUZZI S.P.A. 6-K
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    <div style="text-align: center;"><font style="font-size: 16pt; font-family: 'Times New Roman',Times,serif;">Securities and Exchange Commission</font><br>
      <font style="font-family: 'Times New Roman',Times,serif;">Washington, D.C. 20549</font><br>
      <br>
      <font style="font-family: 'Times New Roman',Times,serif;"><br>
      </font><font style="font-family: 'Times New Roman',Times,serif; font-weight: bold; font-size: 16pt;">Form 6-K</font><font style="font-family: 'Times New Roman',Times,serif;"><br>
      </font><br>
      <font style="font-family: 'Times New Roman',Times,serif;"><br>
      </font><font style="font-family: 'Times New Roman',Times,serif;">Report of Foreign Issuer</font><font style="font-family: 'Times New Roman',Times,serif;"><br>
      </font><font style="font-family: 'Times New Roman',Times,serif;">Pursuant To Rule 13a-16 Or 15d-16</font><font style="font-family: 'Times New Roman',Times,serif;"><br>
      </font><font style="font-family: 'Times New Roman',Times,serif;">Of The</font><font style="font-family: 'Times New Roman',Times,serif;"><br>
      </font><font style="font-family: 'Times New Roman',Times,serif;">Securities Exchange Act of 1934</font></div>
    <div>&#160;</div>
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            <div style="font-family: 'Times New Roman',Times,serif;">For the month of <font style="font-weight: bold;">MARCH 2020</font></div>
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          <td style="width: 50.01%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',Times,serif;">Commission File Number 1-11854</div>
          </td>
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          <td style="width: 49.99%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 50.01%; vertical-align: top;" rowspan="1">&#160;</td>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">NATUZZI S.p.A.</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif;">(Translation of registrant&#8217;s name into English)</div>
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            <div style="text-align: center;">Via Iazzitiello 47<font style="font-family: 'Times New Roman',Times,serif;"><br>
              </font>70029 Santeramo, Italy</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif;">(Address of principal office)</div>
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    <div>&#160;</div>
    <div>&#160;</div>
    <div style="text-indent: 22.5pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:&#160;&#160;<font style="font-family: 'Times New Roman',Times,serif;"><br>
      </font>Form 20-F &#9746; Form 40-F &#9744;<font style="font-family: 'Times New Roman',Times,serif;"></font></div>
    <div>&#160;</div>
    <div style="text-indent: 22.5pt;">Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
      Act of 1934.&#160; Yes &#9744;<font style="font-family: 'Times New Roman',Times,serif;"></font> No &#9746;<font style="font-family: 'Times New Roman',Times,serif;"></font></div>
    <div>&#160;</div>
    <div style="text-indent: 22.5pt;">If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):<br>
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      <div class="bw-release">
        <h1 style="text-align: center; list-style-position:inside;FONT-SIZE: 14pt;"> <b>Natuzzi S.p.A.: Update on the Company&#8217;s Operations and New York Stock Exchange Listing</b> </h1>
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            <p>SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--March 13, 2020--<b>Natuzzi S.p.A. (NYSE: NTZ):</b> </p>
            <p> On February 24, 2020, Natuzzi S.p.A. (the &#8220;Company&#8221;) provided preliminary updates on the impacts of the coronavirus on its operations in China (the &#8220;February Update&#8221;). </p>
            <p> Since then, the coronavirus has aggressively spread outside of China and, in particular, in Italy where the Government has adopted extensive containment measures in order to limit the epidemic. </p>
            <p> The overall situation remains critical and uncertain. The Company expects that its business levels, as discussed in the February Update, will not improve in the short term with a direct negative effect on the Company&#8217;s revenues. </p>
            <p> The Company continues to implement specific actions to help mitigate the impacts of the outbreak of the coronavirus on production levels and cash flow. These measures are expected to include the overall reduction of operating expenses, the
              deferral of some investments, as well as workforce-related actions. </p>
            <p> The outbreak of the coronavirus in Italy is currently of major concern to the Company in light of the material adverse effects that could follow a potential contagion within the Company&#8217;s Italian plants. With the aim of limiting the
              contagion risk, and in accordance with the Italian Government safety guidelines, the Company has adopted recommended protective measures, both in the Italian plants and in its headquarters, in addition to the closure of its Italian stores. </p>
            <p> The Company&#8217;s operations in China are now running almost to pre-disruption levels as government and press reports indicate that the coronavirus containment is proving effective in that country. </p>
            <p> In connection with the global spread of the coronavirus, equity markets have sharply declined with a generalized and heavy sell-off. Consistent with market trends, the Company&#8217;s American Depository Receipts (the &#8220;ADRs&#8221;) have been under
              strong pressure. As of March 12, 2020, the Company&#8217;s market capitalization and the average market capitalization over a consecutive 30 trading-day period were $5.5 million and $16.1 million, respectively. </p>
            <p> NYSE Regulation, Inc. (&#8220;NYSE Regulation&#8221;) will commence proceedings to delist the Company&#8217;s ADRs from the New York Stock Exchange (the &#8220;NYSE&#8221;) should the Company&#8217;s market capitalization fall below the NYSE&#8217;s continued listing standard set
              forth in Section 802.01B of the NYSE Listed Company Manual, which requires the Company to maintain an average global market capitalization of not less than $15 million over a consecutive 30-trading day period. </p>
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            <p> <i>This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be
                unlawful prior to registration or qualification under the securities laws of that jurisdiction. Any such securities have not been registered under the U.S. Securities Act of 1933 (as amended, the &#8220;Securities Act&#8221;) and may not be offered or
                sold in the United States absent registration or an applicable exemption from registration requirements.</i> </p>
            <p> <b><u>CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS </u></b> </p>
            <p> <i>Certain statements set forth in this press release constitute forward-looking statements within the meaning of the safe harbor provisions of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as
                amended. These statements involve risks and uncertainties that could cause the Company&#8217;s actual results to differ materially from those stated or implied by such forward-looking statements. More information about the potential factors that
                could affect the Company&#8217;s business and financial results is included in the Company&#8217;s filings with the SEC, including the Company&#8217;s most recent Annual Report on Form 20-F. The Company undertakes no obligation to update any of the
                forward-looking statements after the date of this press release.</i> </p>
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            </div>
            <p> <b>About Natuzzi S.p.A.</b> </p>
            <p> <i>Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is Italy&#8217;s largest furniture house and one of the most important global players in the furniture industry with an extensive manufacturing footprint and a global retail network. Natuzzi
                is the European lifestyle best-known brand in the upholstered furnishings sector worldwide (Brand Awareness Monitoring Report - Ipsos 2018) and has been listed on the New York Stock Exchange since May 13, 1993. Always committed to social
                responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), OHSAS 18001 certified (Safety on the Workplace) and FSC&#174; certified (Forest Stewardship Council).</i> </p>
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          <div class="bw-release-contact">
            <h2 style="FONT-SIZE: 14pt;">Contacts</h2>
            <p> <b>For information: </b> </p>
            <p> <b>NATUZZI INVESTOR RELATIONS </b><br>
              Piero Direnzo | tel. +39.080.8820.812 | pdirenzo@natuzzi.com </p>
            <p> <b>NATUZZI CORPORATE COMMUNICATION </b><br>
              Vito Basile (Press Office) | tel. +39.080.8820.676 | vbasile@natuzzi.com<br>
            </p>
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    <div style="text-align: center;"><font style="font-weight: bold;">SIGNATURES</font> <br>
    </div>
    <div>&#160;</div>
    <div style="text-indent: 22.5pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</div>
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          <td style="vertical-align: bottom; text-align: center;">NATUZZI S.p.A.</td>
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          <td style="vertical-align: bottom; text-align: center;">(Registrant)</td>
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            <div style="font-family: 'Times New Roman',Times,serif; font-weight: bold;"><font style="font-weight: normal;">Date:</font>&#160; MARCH 13, 2020</div>
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            <div style="font-family: 'Times New Roman',Times,serif;">By:</div>
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          <td style="width: 46%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: 'Times New Roman',Times,serif;">/s/ Pasquale Natuzzi</div>
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            <div style="text-align: center; font-family: 'Times New Roman',Times,serif;">Pasquale Natuzzi</div>
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